CGLO (Coro Global) Days Payable: 0.00 (As of Jun. 2021)

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What is Coro Global Days Payable?

Coro Global CGLO 12 Days Payable is 0.00 as of Jun. 2021. GuruFocus rates CGLO with a GF Score™ of 12/100.

Coro Global's average Accounts Payable for the three months ended in Jun. 2021 was $0.62 Mil. Coro Global's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.00 Mil.

The historical rank and industry rank for Coro Global's Days Payable or its related term are showing as below:

CGLO's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 52.785
* Ranked among companies with meaningful Days Payable only.

Coro Global's Days Payable stayed the same from Jun. 2020 (0.00) to Jun. 2021 (0.00). stayed the same

Coro Global Days Payable Related Terms

Coro Global Days Payable Historical Data

* Premium members only.

The historical data trend for Coro Global'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.

Coro Global Days Payable Chart

Coro Global Annual Data

Trend

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Days Payable

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0.00

Coro Global Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Days Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

CGLO vs MSFT, ORCL, ADBE: Days Payable Comparison

For the Software - Infrastructure subindustry, Coro Global'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.

Coro Global Days Payable vs Software Industry

For the Software industry and Technology sector, Coro Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Coro Global's Days Payable falls into.

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12GF Score

Coro Global Inc CGLO

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

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Coro Global 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.

Coro Global's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (0.154	+	0.534)	/	2 )	/	0	*	365
=	0.344					/	0	*	365
=	N/A

Coro Global's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

	Days Payable (Q: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2021 )	+	Accounts Payable (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (0.562	+	0.669)	/	2 )	/	0	*	365 / 4
=	0.6155					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Coro Global (CGLO) has a Days Payable of 0.00 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Coro Global and its competitors.

Is Coro Global's Days Payable too high?

Coro Global's current Days Payable is 0.00. Overall, Coro Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Coro Global's Days Payable compare to MSFT and ORCL?

Coro Global's Days Payable of 0.00 can be compared against companies in the Software industry. The industry median Days Payable is 52.79. 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 a Software company?

The median Days Payable among Software companies is 52.79, based on 2,610 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 Coro Global and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coro Global'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 Coro Global stock overvalued right now?

Coro Global (CGLO) has a current Days Payable of 0.00. The current Days Payable is 0.00. Coro Global's overall GF Score™ is 12/100. 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 Coro Global (CGLO), the current Days Payable is 0.00 as of Jun. 2021. 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.

Coro Global Business Description

Industry Technology Software

Comparable Companies WBO:OBS WBO:ADKO WBO:POST WBO:EVN WBO:HST WBO:FKA WBO:BIO WBO:BTS WBO:ANDR WBO:WPB MSFT ORCL ADBE PANW VMW SNPS FTNT XAMS:ADYEN CRWD SQ

Address 78 SW 7th Street, Suite 500, Miami, FL, USA, 33130

Website https://www.coro.global

Coro Global Inc is a fintech company that is creating a new financial payment system where gold can be used as money in everyday transactions as easily as fiat currencies. Coro's platform is powered by Distributed Ledger Technology, allowing customers to send and receive global payments and exchange currency, including gold, seamlessly and securely.

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