RC FornaxFRA:8AD +5.22%23 Days Payable is 65.43 as of Feb. 2026, which is 68% above its 10-year median of 38.91. GuruFocus rates FRA:8AD with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 945 Business Services companies, RC Fornax ranks better than 80.95% on this metric.
RC Fornax's average Accounts Payable for the
six
months ended in Feb. 2026 was €0.63 Mil. RC Fornax's Cost of Goods Sold for the
six
months ended in Feb. 2026 was €1.75 Mil.
Hence, RC Fornax's Days Payable for the
six
months ended in Feb. 2026 was 65.43.
The historical rank and industry rank for RC Fornax's Days Payable or its related term are showing as below:
FRA:8AD'
s Days Payable Range Over the Past 10 Years
Min: 27.17 Med: 38.91 Max: 130.17
Current: 130.17
During the past 4 years, RC Fornax's highest Days Payable was 130.17. The lowest was 27.17. And the median was 38.91.
FRA:8AD's Days Payable is ranked better than 80.95% of 945
companies
in the Business Services industry
Industry Median: 46.11
vs FRA:8AD: 130.17
RC Fornax's Days Payable
declined
from Feb. 2025 (115.78) to Feb. 2026 (65.43).
It may suggest that RC Fornaxaccelerated paying its suppliers.
RC Fornax Days Payable Related Terms
RC Fornax Days Payable Historical Data
* Premium members only.
The historical data trend for RC Fornax'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.
FRA:8AD vs VRSK, EFX, BAH: Days Payable Comparison
For the Consulting Services subindustry, RC Fornax'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.
RC Fornax Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, RC Fornax's Days Payable distribution charts can be found below:
* The bar in red indicates where RC Fornax's Days Payable falls into.
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.
RC Fornax's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as
* 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.
RC Fornax (FRA:8AD) has a Days Payable of 65.43 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on RC Fornax and its competitors. This is 68% above median its historical median of 38.91. Over the past decade, RC Fornax's Days Payable has ranged from 27.17 to 130.17. According to the industry distribution chart, RC Fornax ranks #180 out of 945 companies in the Business Services industry, placing it in the top 19%.
Is RC Fornax's Days Payable too high?
RC Fornax's current Days Payable of 65.43 is 68% above median its 10-year median of 38.91. Over the past 10 years, this metric has ranged from a low of 27.17 to a high of 130.17. The Business Services industry median Days Payable is 46.11. RC Fornax's value of 65.43 is 41.9% above this industry median. Based on the distribution chart, RC Fornax ranks #180 out of 945 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, RC Fornax has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does RC Fornax's Days Payable compare to VRSK and EFX?
According to the Business Services industry distribution chart, RC Fornax ranks #180 out of 945 companies for Days Payable. This places RC Fornax in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 46.11. RC Fornax's value of 65.43 is 41.9% above this benchmark. Historically, RC Fornax's own Days Payable has ranged from 27.17 to 130.17 over the past decade. While the company's 10-year median is 38.91 vs. the industry median of 46.11, RC Fornax has consistently been above 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. RC Fornax's current Days Payable of 65.43 is 41.9% above 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 RC Fornax and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RC Fornax's current Days Payable is 65.43, which is 68% above median its own 10-year median of 38.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RC Fornax stock overvalued right now?
RC Fornax (FRA:8AD) has a current Days Payable of 65.43. The current Days Payable is 65.43, which is 68% above median its 10-year median of 38.91 and 41.9% above the Business Services industry median of 46.11. RC Fornax's overall GF Score™ is 23/100 with 5 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 RC Fornax (FRA:8AD), the current Days Payable is 65.43 as of Feb. 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.
RC Fornax PLC consultancy business providing efficient and bespoke project management solutions, with a focus on operations within the UK defence industry.
23GF Score
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