La Forestiere Equatoriale (XPAR:FORE) Days Payable : 118.29 (As of Jun. 2023)

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What is La Forestiere Equatoriale Days Payable?

La Forestiere Equatoriale's average Accounts Payable for the six months ended in Jun. 2023 was €0.04 Mil. La Forestiere Equatoriale's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.05 Mil. Hence, La Forestiere Equatoriale's Days Payable for the six months ended in Jun. 2023 was 118.29.

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

XPAR:FORE' s Days Payable Range Over the Past 10 Years
Min: 48.32 Med: 56.3 Max: 23616.96
Current: 196.02

During the past 13 years, La Forestiere Equatoriale's highest Days Payable was 23616.96. The lowest was 48.32. And the median was 56.30.

XPAR:FORE's Days Payable is not ranked
in the Transportation industry.
Industry Median: 39.02 vs XPAR:FORE: 196.02

La Forestiere Equatoriale's Days Payable declined from Jun. 2022 (198.37) to Jun. 2023 (118.29). It may suggest that La Forestiere Equatoriale accelerated paying its suppliers.

La Forestiere Equatoriale Days Payable Historical Data

The historical data trend for La Forestiere Equatoriale'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.

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La Forestiere Equatoriale Days Payable Chart

La Forestiere Equatoriale Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

50.50

50.81

23,609.66

7,723.82

La Forestiere Equatoriale Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															35,410.95	5,025.39	198.37	-	118.29

Competitive Comparison of La Forestiere Equatoriale's Days Payable

For the Railroads subindustry, La Forestiere Equatoriale'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.

La Forestiere Equatoriale's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, La Forestiere Equatoriale's Days Payable distribution charts can be found below:

* The bar in red indicates where La Forestiere Equatoriale's Days Payable falls into.

La Forestiere Equatoriale 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.

La Forestiere Equatoriale'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
=	( (0.083	+	0.014)	/	2 )	/	0	*	365
=	0.0485					/	0	*	365
=	N/A

La Forestiere Equatoriale's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.014	+	0.056)	/	2 )	/	0.054	*	365 / 2
=	0.035					/	0.054	*	365 / 2
=	118.29

La Forestiere Equatoriale Days Payable Related Terms

Thank you for viewing the detailed overview of La Forestiere Equatoriale's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

La Forestiere Equatoriale (XPAR:FORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » La Forestiere Equatoriale (XPAR:FORE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 Avenue Raymond Poincare, Paris, FRA, 75116

Website

http://www.forestiere-equatoriale.com

La Forestiere Equatoriale is a holding company and is part of the Bollore group. The Company has stakes through Sofib in Sitarail, a company that manages the passenger and freight railway link between the Ivory Coast and Burkina-Faso.