Arma Services (Arma Services) Days Payable : 0.00 (As of Jul. 2023)

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What is Arma Services Days Payable?

Arma Services's average Accounts Payable for the three months ended in Jul. 2023 was $0.28 Mil. Arma Services's Cost of Goods Sold for the three months ended in Jul. 2023 was $0.00 Mil.

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

ARMV' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 240.56
Current: 240.56

During the past 6 years, Arma Services's highest Days Payable was 240.56. The lowest was 0.00. And the median was 0.00.

ARMV's Days Payable is ranked better than
96.07% of 280 companies
in the Forest Products industry
Industry Median: 56.845 vs ARMV: 240.56

Arma Services's Days Payable stayed the same from Jul. 2022 (0.00) to Jul. 2023 (0.00). stayed the same

Arma Services Days Payable Historical Data

The historical data trend for Arma Services'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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Arma Services Days Payable Chart

Arma Services Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Days Payable

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Arma Services Quarterly Data
	Jan18	Jul18	Oct18	Jan19	Jul19	Oct19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Days Payable	Get a 7-Day Free Trial															-	-	43.30	838.63	-

Competitive Comparison of Arma Services's Days Payable

For the Lumber & Wood Production subindustry, Arma Services'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.

Arma Services's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arma Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Arma Services's Days Payable falls into.

Arma Services 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.

Arma Services's Days Payable for the fiscal year that ended in Oct. 2022 is calculated as

	Days Payable (A: Oct. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2021 )	+	Accounts Payable (A: Oct. 2022 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2022 )	*	Days in Period
=	( (0.011	+	0.015)	/	2 )	/	0	*	365
=	0.013					/	0	*	365
=	N/A

Arma Services's Days Payable for the quarter that ended in Jul. 2023 is calculated as:

	Days Payable (Q: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
=	( (0.196	+	0.366)	/	2 )	/	0	*	365 / 4
=	0.281					/	0	*	365 / 4
=	N/A

Arma Services Days Payable Related Terms

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Arma Services (Arma Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Arma Services Inc (OTCPK:ARMV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7260 West Azure Drive, Suite 140-920, Las Vegas, NV, USA, 89130

Website

https://www.armaoffsets.com

Arma Services Inc is a shell company.

Arma Services (Arma Services) Headlines

From GuruFocus

Arma Services Inc. Announces the issuance of High-Quality Carbon Removal Offsets

By ACCESSWIRE • 09-12-2023