Rdb (MIL:RDB) Days Payable: 254.85 (As of Dec. 2011)


What is Rdb Days Payable?

Rdb MIL:RDB Days Payable is 254.85 as of Dec. 2011.

Rdb's average Accounts Payable for the six months ended in Dec. 2011 was €97.95 Mil. Rdb's Cost of Goods Sold for the six months ended in Dec. 2011 was €140.29 Mil. Hence, Rdb's Days Payable for the six months ended in Dec. 2011 was 127.42.

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

MIL:RDB's Days Payable is not ranked *
in the Building Materials industry.
Industry Median: 69.765
* Ranked among companies with meaningful Days Payable only.

Rdb's Days Payable declined from Dec. 2009 (397.42) to Dec. 2011 (254.85). It may suggest that Rdb accelerated paying its suppliers.

Rdb Days Payable Historical Data

* Premium members only.

The historical data trend for Rdb'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.

Rdb Days Payable Chart

Rdb Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Payable
Get a 7-Day Free Trial 181.05 260.35 397.42 256.32 254.85

Rdb Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Payable Get a 7-Day Free Trial 181.05 260.35 397.42 256.32 254.85

Rdb Days Payable Competitor Comparison

For the Building Materials subindustry, Rdb'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.

Rdb Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Rdb's Days Payable distribution charts can be found below:

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


Rdb 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.

Rdb's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

Days Payable (A: Dec. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2010 ) + Accounts Payable (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (102.609 + 93.292) / 2 ) / 140.287*365
=97.9505 / 140.287*365
=254.85

Rdb's Days Payable for the quarter that ended in Dec. 2011 is calculated as:

Days Payable (Q: Dec. 2011 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2010 ) + Accounts Payable (Q: Dec. 2011 )) / count ) / Cost of Goods Sold (Q: Dec. 2011 )*Days in Period
=( (102.609 + 93.292) / 2 ) / 140.287*365 / 2
=97.9505 / 140.287*365 / 2
=127.42

* 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 254.85 mean?
Rdb (MIL:RDB) has a Days Payable of 254.85 as of Dec. 2011. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rdb and its competitors.
Is Rdb's Days Payable too high?
Rdb's current Days Payable is 254.85. The Building Materials industry median Days Payable is 69.77. Rdb's value of 254.85 is 265.3% above this industry median.
How does Rdb's Days Payable compare to competitors?
Rdb's Days Payable of 254.85 can be compared against companies in the Building Materials industry. The industry median Days Payable is 69.77. Rdb's value of 254.85 is 265.3% above this benchmark. 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.77, based on 394 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. Rdb's current Days Payable of 254.85 is 265.3% 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 Rdb and its competitors. For the Building Materials industry, the median Days Payable is 69.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rdb's current Days Payable is 254.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rdb stock overvalued right now?
Rdb (MIL:RDB) has a current Days Payable of 254.85. The current Days Payable is 254.85 and 265.3% above the Building Materials industry median of 69.77. 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 Rdb (MIL:RDB), the current Days Payable is 254.85 as of Dec. 2011. 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.

Rdb Business Description

Rdb is engaged in the designing, construction and installation of prefabricated reinforced concrete for industry and in the building materials sectors. It also produces brick and plaster for the construction material sector.