Rift Valley Resources (XCNQ:RVR) Days Payable: 0.00 (As of Sep. 2022)

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What is Rift Valley Resources Days Payable?

Rift Valley Resources XCNQ:RVR Days Payable is 0.00 as of Sep. 2022.

Rift Valley Resources's average Accounts Payable for the three months ended in Sep. 2022 was C$0.00 Mil. Rift Valley Resources's Cost of Goods Sold for the three months ended in Sep. 2022 was C$0.00 Mil.

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

XCNQ:RVR's Days Payable is not ranked *
in the Telecommunication Services industry.
Industry Median: 105.32
* Ranked among companies with meaningful Days Payable only.

Rift Valley Resources's Days Payable stayed the same from Sep. 2021 (0.00) to Sep. 2022 (0.00). stayed the same

Rift Valley Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Rift Valley Resources'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.

Rift Valley Resources Days Payable Chart

Rift Valley Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Rift Valley Resources Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.00 0.00 0.00 0.00 0.00

XCNQ:RVR vs VZ, CMCSA, TMUS: Days Payable Comparison

For the Telecom Services subindustry, Rift Valley Resources'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.

Rift Valley Resources Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Rift Valley Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where Rift Valley Resources's Days Payable falls into.


Rift Valley Resources 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.

Rift Valley Resources's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Rift Valley Resources's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*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?
Rift Valley Resources (XCNQ:RVR) has a Days Payable of 0.00 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rift Valley Resources and its competitors.
Is Rift Valley Resources' Days Payable too high?
Rift Valley Resources' current Days Payable is 0.00.
How does Rift Valley Resources' Days Payable compare to VZ and CMCSA?
Rift Valley Resources' Days Payable of 0.00 can be compared against companies in the Telecommunication Services industry. The industry median Days Payable is 105.32. 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 105.32, based on 339 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 Rift Valley Resources and its competitors. For the Telecommunication Services industry, the median Days Payable is 105.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rift Valley Resources'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 Rift Valley Resources stock overvalued right now?
Rift Valley Resources (XCNQ:RVR) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Rift Valley Resources (XCNQ:RVR), the current Days Payable is 0.00 as of Sep. 2022. 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.

Rift Valley Resources Business Description

Address 1681 Chestnut Street, Number 400, Vancouver, BC, CAN, V6J 4M6
Rift Valley Resources Corp is engaged in the evaluation of a wireless service business and other business opportunities. It provides Fixed and Portable wireless broadband. The company also develops QwikCom portable wireless broadband and surveillance system for remote communications, disaster recovery and facility/border surveillance.