GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Armatura SA (BSE:ARM) » Definitions » Days Payable

Armatura (BSE:ARM) Days Payable : 156.94 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Armatura Days Payable?

Armatura's average Accounts Payable for the three months ended in Mar. 2024 was lei0.24 Mil. Armatura's Cost of Goods Sold for the three months ended in Mar. 2024 was lei0.14 Mil. Hence, Armatura's Days Payable for the three months ended in Mar. 2024 was 156.94.

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

BSE:ARM' s Days Payable Range Over the Past 10 Years
Min: 228.59   Med: 569.76   Max: 832.3
Current: 577.33

During the past 13 years, Armatura's highest Days Payable was 832.30. The lowest was 228.59. And the median was 569.76.

BSE:ARM's Days Payable is ranked better than
98.47% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs BSE:ARM: 577.33

Armatura's Days Payable declined from Mar. 2023 (243.81) to Mar. 2024 (156.94). It may suggest that Armatura accelerated paying its suppliers.

Armatura Days Payable Historical Data

The historical data trend for Armatura'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.

Armatura Days Payable Chart

Armatura Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 832.30 796.05 824.62 765.44 453.06

Armatura Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 243.81 4,327.86 2,144.38 935.31 156.94

Competitive Comparison of Armatura's Days Payable

For the Specialty Industrial Machinery subindustry, Armatura'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.

Armatura's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Armatura's Days Payable distribution charts can be found below:

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


Armatura 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.

Armatura'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
=( (0.185 + 0.17) / 2 ) / 0.143*365
=0.1775 / 0.143*365
=453.06

Armatura's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.17 + 0.315) / 2 ) / 0.141*365 / 4
=0.2425 / 0.141*365 / 4
=156.94

* 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.

Armatura Days Payable Related Terms

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

Armatura (BSE:ARM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Armatura SA (BSE:ARM) » Definitions » Days Payable
Comparable Companies
BSE:ECT BSE:UCM GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME OTIS CMI ROK TSE:6273 BSP:WEGE3 SHSE:600406 IR TSE:6954
Traded in Other Exchanges
N/A
Address
19 Garii Street, Cluj-Napoca, ROU, 400267
Website
https://www.armatura.ro
Armatura SA is engaged in the manufacturing of taps and valves. The company develops, manufactures and sells the following products for equipment of installations of gas, water, cooling, heating and air conditioning; and Industrial products, as a supplier for OEM (Original Equipment Manufacturer) clients. It sold its product both in national and international markets.