AS Rigas kugu buvetava (ORSE:RKB1R) Days Payable: 33.53 (As of Mar. 2026) — 73% Below Median


What is AS Rigas kugu buvetava Days Payable?

AS Rigas kugu buvetava ORSE:RKB1R -3.37% Days Payable is 33.53 as of Mar. 2026, which is 73% below its 10-year median of 125.07. The stock has 2 warning signs investors should review. Among 337 Aerospace & Defense companies, AS Rigas kugu buvetava ranks better than 50.15% on this metric.

AS Rigas kugu buvetava's average Accounts Payable for the three months ended in Mar. 2026 was €0.33 Mil. AS Rigas kugu buvetava's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.91 Mil. Hence, AS Rigas kugu buvetava's Days Payable for the three months ended in Mar. 2026 was 33.53.

The historical rank and industry rank for AS Rigas kugu buvetava's Days Payable or its related term are showing as below:

ORSE:RKB1R' s Days Payable Range Over the Past 10 Years
Min: 52.53   Med: 125.07   Max: 519
Current: 65.05

During the past 13 years, AS Rigas kugu buvetava's highest Days Payable was 519.00. The lowest was 52.53. And the median was 125.07.

ORSE:RKB1R's Days Payable is ranked better than
50.15% of 337 companies
in the Aerospace & Defense industry
Industry Median: 64.7 vs ORSE:RKB1R: 65.05

AS Rigas kugu buvetava's Days Payable declined from Sep. 2024 (141.65) to Mar. 2026 (33.53). It may suggest that AS Rigas kugu buvetava accelerated paying its suppliers.


AS Rigas kugu buvetava Days Payable Historical Data

* Premium members only.

The historical data trend for AS Rigas kugu buvetava'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.

AS Rigas kugu buvetava Days Payable Chart

AS Rigas kugu buvetava Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.77 519.00 170.23 116.80 140.26

AS Rigas kugu buvetava Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 141.65 53.64 46.92 80.47 33.53

ORSE:RKB1R vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, AS Rigas kugu buvetava'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.


AS Rigas kugu buvetava Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AS Rigas kugu buvetava's Days Payable distribution charts can be found below:

* The bar in red indicates where AS Rigas kugu buvetava's Days Payable falls into.



AS Rigas kugu buvetava 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.

AS Rigas kugu buvetava'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
=( (1.174 + 0.629) / 2 ) / 2.346*365
=0.9015 / 2.346*365
=140.26

AS Rigas kugu buvetava'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.205 + 0.46) / 2 ) / 0.905*365 / 4
=0.3325 / 0.905*365 / 4
=33.53

* 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 33.53 mean?
AS Rigas kugu buvetava (ORSE:RKB1R) has a Days Payable of 33.53 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 AS Rigas kugu buvetava and its competitors. This is 73% below median its historical median of 125.07. Over the past decade, AS Rigas kugu buvetava's Days Payable has ranged from 52.53 to 519.00. According to the industry distribution chart, AS Rigas kugu buvetava ranks #168 out of 337 companies in the Aerospace & Defense industry, placing it in the top 49.9%.
Is AS Rigas kugu buvetava's Days Payable too high?
AS Rigas kugu buvetava's current Days Payable of 33.53 is 73% below median its 10-year median of 125.07. Over the past 10 years, this metric has ranged from a low of 52.53 to a high of 519.00. The Aerospace & Defense industry median Days Payable is 64.70. AS Rigas kugu buvetava's value of 33.53 is 48.2% below this industry median. Based on the distribution chart, AS Rigas kugu buvetava ranks #168 out of 337 companies in the Aerospace & Defense industry, which is above the industry midpoint.
How does AS Rigas kugu buvetava's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, AS Rigas kugu buvetava ranks #168 out of 337 companies for Days Payable. This puts AS Rigas kugu buvetava in the upper half of its industry. The industry median Days Payable is 64.70. AS Rigas kugu buvetava's value of 33.53 is 48.2% below this benchmark. Historically, AS Rigas kugu buvetava's own Days Payable has ranged from 52.53 to 519.00 over the past decade. While the company's 10-year median is 125.07 vs. the industry median of 64.70, AS Rigas kugu buvetava 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.70, based on 337 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. AS Rigas kugu buvetava's current Days Payable of 33.53 is 48.2% 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 AS Rigas kugu buvetava and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AS Rigas kugu buvetava's current Days Payable is 33.53, which is 73% below median its own 10-year median of 125.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AS Rigas kugu buvetava stock overvalued right now?
AS Rigas kugu buvetava (ORSE:RKB1R) has a current Days Payable of 33.53. The current Days Payable is 33.53, which is 73% below median its 10-year median of 125.07 and 48.2% below the Aerospace & Defense industry median of 64.70. 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 AS Rigas kugu buvetava (ORSE:RKB1R), the current Days Payable is 33.53 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.

AS Rigas kugu buvetava Business Description

Address Gales Street 2, Riga, LVA, LV-1015
AS Rigas kugu buvetava is a Latvia-based company. The company earns revenue through ship repairs and Leasing and managing owned or rented real estate. Geographically the company generates majority of its turnover in Latvia.