FGNV (Forge Innovation Development) Days Payable: 0.00 (As of Sep. 2025)

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What is Forge Innovation Development Days Payable?

Forge Innovation Development FGNV -89.00% Days Payable is 0.00 as of Sep. 2025. The stock has 3 warning signs investors should review. Among 1,568 Real Estate companies, Forge Innovation Development ranks better than 96.81% on this metric.

Forge Innovation Development's average Accounts Payable for the three months ended in Sep. 2025 was $0.20 Mil. Forge Innovation Development's Cost of Goods Sold for the three months ended in Sep. 2025 was $0.00 Mil.

The historical rank and industry rank for Forge Innovation Development's Days Payable or its related term are showing as below:

FGNV' s Days Payable Range Over the Past 10 Years
Min: 209.71   Med: 324.66   Max: 2182.51
Current: 2182.51

During the past 9 years, Forge Innovation Development's highest Days Payable was 2182.51. The lowest was 209.71. And the median was 324.66.

FGNV's Days Payable is ranked better than
96.81% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs FGNV: 2182.51

Forge Innovation Development's Days Payable stayed the same from Sep. 2024 (0.00) to Sep. 2025 (0.00). stayed the same


Forge Innovation Development Days Payable Historical Data

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The historical data trend for Forge Innovation Development'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.

Forge Innovation Development Days Payable Chart

Forge Innovation Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 209.71 439.60

Forge Innovation Development Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.00 0.00 923.91 2,808.01 0.00

FGNV vs AOXY, CBRE, BEKE: Days Payable Comparison

For the Real Estate Services subindustry, Forge Innovation Development'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.


Forge Innovation Development Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forge Innovation Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Forge Innovation Development's Days Payable falls into.



Forge Innovation Development 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.

Forge Innovation Development's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.127 + 0.203) / 2 ) / 0.137*365
=0.165 / 0.137*365
=439.60

Forge Innovation Development's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0.313 + 0.084) / 2 ) / 0*365 / 4
=0.1985 / 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?
Forge Innovation Development (FGNV) has a Days Payable of 0.00 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Forge Innovation Development and its competitors. Over the past decade, Forge Innovation Development's Days Payable has ranged from 209.71 to 2,182.51. According to the industry distribution chart, Forge Innovation Development ranks #50 out of 1568 companies in the Real Estate industry, placing it in the top 3.2%.
Is Forge Innovation Development's Days Payable too high?
Forge Innovation Development's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 209.71 to a high of 2,182.51. Based on the distribution chart, Forge Innovation Development ranks #50 out of 1568 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Forge Innovation Development's Days Payable compare to AOXY and CBRE?
According to the Real Estate industry distribution chart, Forge Innovation Development ranks #50 out of 1568 companies for Days Payable. This places Forge Innovation Development in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.21. Historically, Forge Innovation Development's own Days Payable has ranged from 209.71 to 2,182.51 over the past decade. 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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 Forge Innovation Development and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forge Innovation Development'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 Forge Innovation Development stock overvalued right now?
Based on GuruFocus' analysis, Forge Innovation Development (FGNV) is currently considered Possible Value Trap. The stock's GF Value™ is $2.45, compared to a current price of $0.00 — trading 100% below its estimated fair value. 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 Forge Innovation Development (FGNV), the current Days Payable is 0.00 as of Sep. 2025. 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.

Forge Innovation Development Business Description

Address 6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509
Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including the purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.