FGCO (Financial Gravity) Days Payable: 0.00 (As of Jun. 2023)


FGCO Financial Gravity Companies Inc FGCO
34 GF Score
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What is Financial Gravity Days Payable?

Financial Gravity FGCO 34 Days Payable is 0.00 as of Jun. 2023. GuruFocus rates FGCO with a GF Score™ of 34/100.

Financial Gravity's average Accounts Payable for the three months ended in Jun. 2023 was $0.38 Mil. Financial Gravity's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil.

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

FGCO's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 72.37
* Ranked among companies with meaningful Days Payable only.

Financial Gravity's Days Payable declined from Mar. 2022 (43.29) to Jun. 2023 (0.00). It may suggest that Financial Gravity accelerated paying its suppliers.

Financial Gravity Days Payable Historical Data

* Premium members only.

The historical data trend for Financial Gravity'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.

Financial Gravity Days Payable Chart

Financial Gravity Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 333.17 929.09 2,455.00 51.86 59.39

Financial Gravity Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.29 0.00 10.31 56.31 0.00

FGCO vs VOYA: Days Payable Comparison

For the Financial Conglomerates subindustry, Financial Gravity'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.

Financial Gravity Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Financial Gravity's Days Payable distribution charts can be found below:

* The bar in red indicates where Financial Gravity's Days Payable falls into.


FGCO
34GF Score
Financial Gravity Companies Inc FGCO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Financial Gravity 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.

Financial Gravity's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

Days Payable (A: Sep. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2021 ) + Accounts Payable (A: Sep. 2022 )) / count ) / Cost of Goods Sold (A: Sep. 2022 )*Days in Period
=( (0.798 + 0.862) / 2 ) / 5.101*365
=0.83 / 5.101*365
=59.39

Financial Gravity's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.735 + 0.034) / 2 ) / 0*365 / 4
=0.3845 / 0*365 / 4
=N/A

* 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?
Financial Gravity (FGCO) has a Days Payable of 0.00 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Financial Gravity and its competitors.
Is Financial Gravity's Days Payable too high?
Financial Gravity's current Days Payable is 0.00. Overall, Financial Gravity has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Financial Gravity's Days Payable compare to VOYA?
Financial Gravity's Days Payable of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 72.37. 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 72.37, based on 81 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 Financial Gravity and its competitors. For the Diversified Financial Services industry, the median Days Payable is 72.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Financial Gravity'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 Financial Gravity stock overvalued right now?
Financial Gravity (FGCO) has a current Days Payable of 0.00. The current Days Payable is 0.00. Financial Gravity's overall GF Score™ is 34/100. 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 Financial Gravity (FGCO), the current Days Payable is 0.00 as of Jun. 2023. 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.

Financial Gravity Business Description

Address 2501 Ranch Road 620 South, Suite 110, Lakeway, TX, USA, 78734
Financial Gravity Companies Inc through its subsidiaries, helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO, Forta, FGAM, FGFOS, FGIS, FGEM, and TMN.
34GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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