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

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

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: 71.61
* 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 Historical Data

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.

* Premium members only.

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

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

Competitive Comparison of Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable

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's Days Payable Distribution in the 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

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

Thank you for viewing the detailed overview of Fundo de Recuperacao Economica do Estado do Espiritonto's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Fundo de Recuperacao Economica do Estado do Espiritonto Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fundo de Recuperacao Economica do Estado do Espirito Santo (BSP:FRES11) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

R. Alberto Oliveira Santos, 42 - Sala 1.506, Vitoria, ES, BRA, 29010901

Website

http://www.geres.gov.br

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.

Fundo de Recuperacao Economica do Estado do Espiritonto Headlines

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