Rio Congo Forestal CA CONRIOCA (XGUA:RCG) Days Payable: 0.00 (As of . 20)


What is Rio Congo Forestal CA CONRIOCA Days Payable?

Rio Congo Forestal CA CONRIOCA XGUA:RCG Days Payable is 0.00 as of . 20.

Rio Congo Forestal CA CONRIOCA's average Accounts Payable for the three months ended in . 20 was $0.00 Mil. Rio Congo Forestal CA CONRIOCA's Cost of Goods Sold for the three months ended in . 20 was $0.00 Mil.

The historical rank and industry rank for Rio Congo Forestal CA CONRIOCA's Days Payable or its related term are showing as below:

XGUA:RCG's Days Payable is not ranked *
in the Forest Products industry.
Industry Median: 56.785
* Ranked among companies with meaningful Days Payable only.

Rio Congo Forestal CA CONRIOCA's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00). stayed the same

Rio Congo Forestal CA CONRIOCA Days Payable Historical Data

* Premium members only.

The historical data trend for Rio Congo Forestal CA CONRIOCA'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.

Rio Congo Forestal CA CONRIOCA Days Payable Chart

Rio Congo Forestal CA CONRIOCA Annual Data
Trend
Days Payable

Rio Congo Forestal CA CONRIOCA Quarterly Data
Days Payable

Rio Congo Forestal CA CONRIOCA Days Payable Competitor Comparison

For the Lumber & Wood Production subindustry, Rio Congo Forestal CA CONRIOCA'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.

Rio Congo Forestal CA CONRIOCA Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Rio Congo Forestal CA CONRIOCA's Days Payable distribution charts can be found below:

* The bar in red indicates where Rio Congo Forestal CA CONRIOCA's Days Payable falls into.


Rio Congo Forestal CA CONRIOCA 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.

Rio Congo Forestal CA CONRIOCA's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Rio Congo Forestal CA CONRIOCA's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 4
=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?
Rio Congo Forestal CA CONRIOCA (XGUA:RCG) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rio Congo Forestal CA CONRIOCA and its competitors.
Is Rio Congo Forestal CA CONRIOCA's Days Payable too high?
Rio Congo Forestal CA CONRIOCA's current Days Payable is 0.00.
How does Rio Congo Forestal CA CONRIOCA's Days Payable compare to competitors?
Rio Congo Forestal CA CONRIOCA's Days Payable of 0.00 can be compared against companies in the Forest Products industry. The industry median Days Payable is 56.79. 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.79, based on 276 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 Rio Congo Forestal CA CONRIOCA and its competitors. For the Forest Products industry, the median Days Payable is 56.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rio Congo Forestal CA CONRIOCA'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 Rio Congo Forestal CA CONRIOCA stock overvalued right now?
Rio Congo Forestal CA CONRIOCA (XGUA:RCG) 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 Rio Congo Forestal CA CONRIOCA (XGUA:RCG), the current Days Payable is 0.00 as of . 20. 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.

Rio Congo Forestal CA CONRIOCA Business Description

Address No. 401 y General Cyrdova, Victor Manuel Rendyn, Guayaquil, ECU
Rio Congo Forestal CA CONRIOCA is engaged in forestry activities. The Company produces Teak from Tectona grandis.