Latvian Forest Co AB (FRA:2FD) Days Payable: 16.89 (As of Mar. 2026) — 69% Below Median


FRA:2FD Latvian Forest Co AB FRA:2FD
31 GF Score
Price €0.61
! 2 Warning Signs
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What is Latvian Forest Co AB Days Payable?

Latvian Forest Co AB FRA:2FD 31 Days Payable is 16.89 as of Mar. 2026, which is 69% below its 10-year median of 55.22. GuruFocus rates FRA:2FD with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 1,571 Real Estate companies, Latvian Forest Co AB ranks worse than 88.29% on this metric.

Latvian Forest Co AB's average Accounts Payable for the three months ended in Mar. 2026 was €0.05 Mil. Latvian Forest Co AB's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.29 Mil. Hence, Latvian Forest Co AB's Days Payable for the three months ended in Mar. 2026 was 16.89.

The historical rank and industry rank for Latvian Forest Co AB's Days Payable or its related term are showing as below:

FRA:2FD' s Days Payable Range Over the Past 10 Years
Min: 18.42   Med: 55.22   Max: 469.29
Current: 18.42

During the past 13 years, Latvian Forest Co AB's highest Days Payable was 469.29. The lowest was 18.42. And the median was 55.22.

FRA:2FD's Days Payable is ranked worse than
88.29% of 1571 companies
in the Real Estate industry
Industry Median: 94.38 vs FRA:2FD: 18.42

Latvian Forest Co AB's Days Payable declined from Mar. 2025 (23.90) to Mar. 2026 (16.89). It may suggest that Latvian Forest Co AB accelerated paying its suppliers.


Latvian Forest Co AB Days Payable Historical Data

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The historical data trend for Latvian Forest Co AB'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.

Latvian Forest Co AB Days Payable Chart

Latvian Forest Co AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.22 31.16 22.68 27.91 23.04

Latvian Forest Co AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 23.90 15.54 16.18 26.74 16.89

FRA:2FD vs CBRE, BEKE: Days Payable Comparison

For the Real Estate Services subindustry, Latvian Forest Co AB'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.


Latvian Forest Co AB Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Latvian Forest Co AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Latvian Forest Co AB's Days Payable falls into.


FRA:2FD
31GF Score
Latvian Forest Co AB FRA:2FD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Latvian Forest Co AB 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.

Latvian Forest Co AB's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.036 + 0.052) / 2 ) / 0.697*365
=0.044 / 0.697*365
=23.04

Latvian Forest Co AB's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.052 + 0.055) / 2 ) / 0.289*365 / 4
=0.0535 / 0.289*365 / 4
=16.89

* 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 16.89 mean?
Latvian Forest Co AB (FRA:2FD) has a Days Payable of 16.89 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Latvian Forest Co AB and its competitors. This is 69% below median its historical median of 55.22. Over the past decade, Latvian Forest Co AB's Days Payable has ranged from 18.42 to 469.29. According to the industry distribution chart, Latvian Forest Co AB ranks #1387 out of 1571 companies in the Real Estate industry, placing it in the top 88.3%.
Is Latvian Forest Co AB's Days Payable too high?
Latvian Forest Co AB's current Days Payable of 16.89 is 69% below median its 10-year median of 55.22. Over the past 10 years, this metric has ranged from a low of 18.42 to a high of 469.29. The Real Estate industry median Days Payable is 94.38. Latvian Forest Co AB's value of 16.89 is 82.1% below this industry median. Based on the distribution chart, Latvian Forest Co AB ranks #1387 out of 1571 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Latvian Forest Co AB has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Latvian Forest Co AB's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Latvian Forest Co AB ranks #1387 out of 1571 companies for Days Payable. This places Latvian Forest Co AB in the lower half of its industry. The industry median Days Payable is 94.38. Latvian Forest Co AB's value of 16.89 is 82.1% below this benchmark. Historically, Latvian Forest Co AB's own Days Payable has ranged from 18.42 to 469.29 over the past decade. While the company's 10-year median is 55.22 vs. the industry median of 94.38, Latvian Forest Co AB has consistently been below the industry average. 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 94.38, based on 1,571 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. Latvian Forest Co AB's current Days Payable of 16.89 is 82.1% below the industry median. 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 Latvian Forest Co AB and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latvian Forest Co AB's current Days Payable is 16.89, which is 69% below median its own 10-year median of 55.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latvian Forest Co AB stock overvalued right now?
Latvian Forest Co AB (FRA:2FD) has a current Days Payable of 16.89. The current Days Payable is 16.89, which is 69% below median its 10-year median of 55.22 and 82.1% below the Real Estate industry median of 94.38. Latvian Forest Co AB's overall GF Score™ is 31/100 with 2 warning signs to review. 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 Latvian Forest Co AB (FRA:2FD), the current Days Payable is 16.89 as of Mar. 2026. 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.

Latvian Forest Co AB Business Description

Other Exchanges LATF B:Sweden
Address Ringvagen 22, Enebyberg, SWE, 128 46
Latvian Forest Co AB is a Swedish company, that purchases and manages forest property in Latvia. The company focuses on the northern/northeastern region of Latvia around the area Valmiera.
31GF Score

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