FRBNW (Forbion European Acquisition) Days Payable: 0.00 (As of Sep. 2023)


FRBNW Forbion European Acquisition Corp FRBNW
18 GF Score
Price $0.74
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What is Forbion European Acquisition Days Payable?

Forbion European Acquisition FRBNW 18 Days Payable is 0.00 as of Sep. 2023. GuruFocus rates FRBNW with a GF Score™ of 18/100.

Forbion European Acquisition's average Accounts Payable for the three months ended in Sep. 2023 was $0.00 Mil. Forbion European Acquisition's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

The historical rank and industry rank for Forbion European Acquisition's Days Payable or its related term are showing as below:

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

Forbion European Acquisition's Days Payable stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00). stayed the same

Forbion European Acquisition Days Payable Historical Data

* Premium members only.

The historical data trend for Forbion European Acquisition'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.

Forbion European Acquisition Days Payable Chart

Forbion European Acquisition Annual Data
Trend Dec21 Dec22
Days Payable
0.00 0.00

Forbion European Acquisition Quarterly Data
Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

FRBNW vs RRAC, SVII, EMLD: Days Payable Comparison

For the Shell Companies subindustry, Forbion European Acquisition'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.

Forbion European Acquisition Days Payable vs Diversified Financial Services Industry

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

* The bar in red indicates where Forbion European Acquisition's Days Payable falls into.


FRBNW
18GF Score
Forbion European Acquisition Corp FRBNW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbion European Acquisition 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.

Forbion European Acquisition's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Forbion European Acquisition'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: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 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?
Forbion European Acquisition (FRBNW) has a Days Payable of 0.00 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Forbion European Acquisition and its competitors.
Is Forbion European Acquisition's Days Payable too high?
Forbion European Acquisition's current Days Payable is 0.00. Overall, Forbion European Acquisition has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Forbion European Acquisition's Days Payable compare to RRAC and SVII?
Forbion European Acquisition'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 83 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 Forbion European Acquisition 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. Forbion European Acquisition'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 Forbion European Acquisition stock overvalued right now?
Forbion European Acquisition (FRBNW) has a current Days Payable of 0.00. The current Days Payable is 0.00. Forbion European Acquisition's overall GF Score™ is 18/100. 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 Forbion European Acquisition (FRBNW), the current Days Payable is 0.00 as of Sep. 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.

Forbion European Acquisition Business Description

Address 4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
Forbion European Acquisition Corp is a blank check company.
18GF 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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