Favo Capital (Favo Capital) Days Payable : 0.00 (As of Sep. 2023)

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What is Favo Capital Days Payable?

Favo Capital's average Accounts Payable for the three months ended in Sep. 2023 was $0.00 Mil. Favo Capital's Cost of Goods Sold for the three months ended in Sep. 2023 was $1.48 Mil. Hence, Favo Capital's Days Payable for the three months ended in Sep. 2023 was 0.00.

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

During the past 10 years, Favo Capital's highest Days Payable was 4288.75. The lowest was 42.12. And the median was 315.65.

FAVO's Days Payable is not ranked ^*
in the Credit Services industry.
Industry Median: 44.86
* Ranked among companies with meaningful Days Payable only.

Favo Capital's Days Payable stayed the same from Sep. 2013 (0.00) to Sep. 2023 (0.00). stayed the same

Favo Capital Days Payable Historical Data

The historical data trend for Favo Capital'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.

Favo Capital Days Payable Chart

Favo Capital Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Payable

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317.39

313.90

4,288.75

2,190.00

Favo Capital Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Sep22	Sep23
Days Payable	Get a 7-Day Free Trial															-	304.17	-	8.83	-

Competitive Comparison of Favo Capital's Days Payable

For the Credit Services subindustry, Favo Capital'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.

Favo Capital's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Favo Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where Favo Capital's Days Payable falls into.

Favo Capital 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.

Favo Capital's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

	Days Payable (A: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2012 )	+	Accounts Payable (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.003	*	365
=	0					/	0.003	*	365
=	0.00

Favo Capital's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.481	*	365 / 4
=	0					/	1.481	*	365 / 4
=	0.00

Favo Capital Days Payable Related Terms

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Favo Capital (Favo Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Favo Capital Inc (OTCPK:FAVO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1025 Old Country Road, Suite 421, Westbury, NY, USA, 11590

Website

https://www.favocap.com

Favo Capital Inc is a direct funding company, which provides customized, short-term funding to small and mid-sized businesses nationwide. The company is also engaged in the real estate holdings division.