Arvana (Arvana) Days Payable : 821.25 (As of Dec. 2023)

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What is Arvana Days Payable?

Arvana's average Accounts Payable for the three months ended in Dec. 2023 was $0.09 Mil. Arvana's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.01 Mil. Hence, Arvana's Days Payable for the three months ended in Dec. 2023 was 821.25.

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

AVNI' s Days Payable Range Over the Past 10 Years
Min: 478.15 Med: 478.15 Max: 517.35
Current: 517.35

During the past 13 years, Arvana's highest Days Payable was 517.35. The lowest was 478.15. And the median was 478.15.

AVNI's Days Payable is ranked better than
82.89% of 76 companies
in the Diversified Financial Services industry
Industry Median: 82.02 vs AVNI: 517.35

Arvana's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (821.25). It may suggest that Arvana delayed paying its suppliers.

Arvana Days Payable Historical Data

The historical data trend for Arvana'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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Arvana Days Payable Chart

Arvana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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478.15

Arvana Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	352.83	288.96	821.25

Competitive Comparison of Arvana's Days Payable

For the Shell Companies subindustry, Arvana'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.

Arvana's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Arvana's Days Payable distribution charts can be found below:

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

Arvana 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.

Arvana's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.03	+	0.101)	/	2 )	/	0.05	*	365
=	0.0655					/	0.05	*	365
=	478.15

Arvana's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.079	+	0.101)	/	2 )	/	0.01	*	365 / 4
=	0.09					/	0.01	*	365 / 4
=	821.25

Arvana Days Payable Related Terms

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

Arvana (Arvana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Arvana Inc (OTCPK:AVNI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

299 South Main Street, 13th Floor, Salt Lake, UT, USA, 84111

Website

https://www.arvanaflorida.com

Arvana Inc is a shell company. It seeks to identify and evaluate alternative business opportunities.

Executives

Brian Lovig	10 percent owner	601 UNION STREET, 42ND FLOOR, SEATTLE WA 98101
Bondock Llc	10 percent owner	1057 WHITNEY RANCH DRIVE, SUITE 350, HENDERSON NV 89014
Carl Dawson	director	21650 OXNARD STREET, UNITE 1405, WOODLANDHILLS CA 91367
Matthew Bentley Hoover	director	5420 YOLANDA AVE, #111, TARZANA CA 91356
Alkiviades David	10 percent owner, other: Indirect beneficial owner	338 N. CANON DRIVE, 3RD FLOOR, BEVERLY HILLS CA 90210
Altaf Nazerali	10 percent owner	555 PALISADE DR, V6R 2H9, N VANCOUVER BC A1
Biltmore International Corporation	10 percent owner	1090 KING GEORGES POST ROAD, SUITE 203, EDISON NJ 08837
Shawn Michael Teigen	director	163 WILLIAMS AVE, SALT LAKE CITY UT 84111
Ruairidh Campbell	director, officer: CEO,CRO,PAO	600 WESTWOOD TERRACE, AUSTIN TX 78746
Wayne Nathan Smith	officer: Chief Financial Officer	1015 IRONWORK PASSAGE, VANCOUVER A1 V6H 3R4
Brulex - Consultadoria Economica E Marketing Lda	10 percent owner	RUA DA ALFANDEGA 13, 9000-059 FUNCHAL, MADEIRA S1 0000
Karen Engleson	officer: CORPORATE SECRETARY	SUITE 2610 - 1066 WEST HASTINGS STREET, VANCOUVER A1 V6E 3X2
Jervis Michael John Stewart	director	SUITE 2610, 1066 WEST HASTINGS ST, VANCOUVER A1 V6E 3X2
Ross Wilmot	director	13548 19TH AVE., V4A 6B4, S. SURREY BC A1 00000
Teyfik Oezcan	officer: Vice-President, Europe	HALLOTEL DEUTSCHLAND GMBH, OTTO-HAHN STRASSE 8, LANGEN 2M 63225