Arco Platform (Arco Platform) Days Payable : 112.07 (As of Jun. 2023)

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What is Arco Platform Days Payable?

Arco Platform's average Accounts Payable for the three months ended in Jun. 2023 was $45.3 Mil. Arco Platform's Cost of Goods Sold for the three months ended in Jun. 2023 was $36.9 Mil. Hence, Arco Platform's Days Payable for the three months ended in Jun. 2023 was 112.07.

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

ARCE' s Days Payable Range Over the Past 10 Years
Min: 21.72 Med: 69.49 Max: 107.17
Current: 107.17

During the past 8 years, Arco Platform's highest Days Payable was 107.17. The lowest was 21.72. And the median was 69.49.

ARCE's Days Payable is not ranked
in the Education industry.
Industry Median: 37.29 vs ARCE: 107.17

Arco Platform's Days Payable increased from Jun. 2022 (99.30) to Jun. 2023 (112.07). It may suggest that Arco Platform delayed paying its suppliers.

Arco Platform Days Payable Historical Data

The historical data trend for Arco Platform'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.

* Premium members only.

Arco Platform Days Payable Chart

Arco Platform Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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43.99

78.15

69.49

91.92

101.57

Arco Platform Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial															99.30	227.53	81.30	84.51	112.07

Competitive Comparison of Arco Platform's Days Payable

For the Education & Training Services subindustry, Arco Platform'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.

Arco Platform's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Arco Platform's Days Payable distribution charts can be found below:

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

Arco Platform 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.

Arco Platform'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
=	( (18.266	+	34.84)	/	2 )	/	95.422	*	365
=	26.553					/	95.422	*	365
=	101.57

Arco Platform'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: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (41.88	+	48.694)	/	2 )	/	36.874	*	365 / 4
=	45.287					/	36.874	*	365 / 4
=	112.07

Arco Platform Days Payable Related Terms

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Arco Platform (Arco Platform) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arco Platform Ltd (NAS:ARCE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Augusta 2840, 9th Floor, Suite 91, Consolacao, Sao Paulo, SP, BRA, 01412-100

Website

https://www.arcoeducacao.com.br

Arco Platform Ltd provides a complete pedagogical system with technology-enabled features to deliver educational content to private schools in Brazil. Its turnkey curriculum solutions provide educational content in both printed and digital formats delivered through its platform to improve the learning process. Its operating segment includes Core Curriculum and Supplemental Solutions. It generates maximum revenue from the Core Curriculum segment. The Core Curriculum business segment provides solutions that address the Brazilian K-12 curriculum requirements through a personalized and interactive learning experience. Students Access content in various formats, such as digital, video, print, and other audiovisual formats that are aligned with the daily curriculum of their classes.