Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) Days Payable: 0.00 (As of Dec. 2011)


What is Fundo de Recuperacao Economica do Estado do Espiritonto Days Payable?

Fundo de Recuperacao Economica do Estado do Espiritonto BSP:FRES11 Days Payable is 0.00 as of Dec. 2011.

Fundo de Recuperacao Economica do Estado do Espiritonto's average Accounts Payable for the six months ended in Dec. 2011 was R$0 Mil. Fundo de Recuperacao Economica do Estado do Espiritonto's Cost of Goods Sold for the six months ended in Dec. 2011 was R$8 Mil. Hence, Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable for the six months ended in Dec. 2011 was 0.00.

The historical rank and industry rank for Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable or its related term are showing as below:

BSP:FRES11's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 70.635
* Ranked among companies with meaningful Days Payable only.

Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable stayed the same from Dec. 2009 (0.00) to Dec. 2011 (0.00).

Fundo de Recuperacao Economica do Estado do Espiritonto Days Payable Related Terms

Fundo de Recuperacao Economica do Estado do Espiritonto Days Payable Historical Data

* Premium members only.

The historical data trend for Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fundo de Recuperacao Economica do Estado do Espiritonto Days Payable Chart

Fundo de Recuperacao Economica do Estado do Espiritonto Annual Data
Trend Dec09 Dec10 Dec11
Days Payable
0.00 0.00 0.00

Fundo de Recuperacao Economica do Estado do Espiritonto Semi-Annual Data
Dec09 Dec10 Dec11
Days Payable 0.00 0.00 0.00

Fundo de Recuperacao Economica do Estado do Espiritonto Days Payable Competitor Comparison

For the Asset Management subindustry, Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fundo de Recuperacao Economica do Estado do Espiritonto Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable distribution charts can be found below:

* The bar in red indicates where Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable falls into.


Fundo de Recuperacao Economica do Estado do Espiritonto Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

Days Payable (A: Dec. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2010 ) + Accounts Payable (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (0 + 0) / 1 ) / 8.1030000000001*365
=0 / 8.1030000000001*365
=0.00

Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable for the quarter that ended in Dec. 2011 is calculated as:

Days Payable (Q: Dec. 2011 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2010 ) + Accounts Payable (Q: Dec. 2011 )) / count ) / Cost of Goods Sold (Q: Dec. 2011 )*Days in Period
=( (0 + 0) / 1 ) / 8.1030000000001*365 / 2
=0 / 8.1030000000001*365 / 2
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) has a Days Payable of 0.00 as of Dec. 2011. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fundo de Recuperacao Economica do Estado do Espiritonto and its competitors.
Is Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable too high?
Fundo de Recuperacao Economica do Estado do Espiritonto's current Days Payable is 0.00.
How does Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable compare to competitors?
Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable of 0.00 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 70.64, based on 480 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fundo de Recuperacao Economica do Estado do Espiritonto and its competitors. For the Asset Management industry, the median Days Payable is 70.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo de Recuperacao Economica do Estado do Espiritonto's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo de Recuperacao Economica do Estado do Espiritonto stock overvalued right now?
Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11), the current Days Payable is 0.00 as of Dec. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fundo de Recuperacao Economica do Estado do Espiritonto Business Description

Address R. Alberto Oliveira Santos, 42 - Sala 1.506, Vitoria, ES, BRA, 29010901
Fundo de Recuperacao Economica do Estado do Espirito Santo is an open-end pension fund that collect GST and income tax based on taxable income.