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Ameriguard Security Services (Ameriguard Security Services) Days Payable : 5.63 (As of Dec. 2023)


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What is Ameriguard Security Services Days Payable?

Ameriguard Security Services's average Accounts Payable for the three months ended in Dec. 2023 was $0.48 Mil. Ameriguard Security Services's Cost of Goods Sold for the three months ended in Dec. 2023 was $7.72 Mil. Hence, Ameriguard Security Services's Days Payable for the three months ended in Dec. 2023 was 5.63.

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

AGSS' s Days Payable Range Over the Past 10 Years
Min: 7.4   Med: 13.34   Max: 150.93
Current: 12.13

During the past 7 years, Ameriguard Security Services's highest Days Payable was 150.93. The lowest was 7.40. And the median was 13.34.

AGSS's Days Payable is ranked worse than
87.54% of 923 companies
in the Business Services industry
Industry Median: 47.39 vs AGSS: 12.13

Ameriguard Security Services's Days Payable declined from Dec. 2022 (7.68) to Dec. 2023 (5.63). It may suggest that Ameriguard Security Services accelerated paying its suppliers.

Ameriguard Security Services Days Payable Historical Data

The historical data trend for Ameriguard Security 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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Ameriguard Security Services Days Payable Chart

Ameriguard Security Services Annual Data
Trend Dec11 Dec12 Dec13 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 16.26 - 7.40 8.73 10.42

Ameriguard Security Services Quarterly Data
Sep13 Dec13 Mar14 Jun14 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.68 13.09 16.72 20.06 5.63

Competitive Comparison of Ameriguard Security Services's Days Payable

For the Security & Protection Services subindustry, Ameriguard Security 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.

Ameriguard Security Services's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ameriguard Security Services's Days Payable distribution charts can be found below:

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


Ameriguard Security 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.

Ameriguard Security Services'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
=( (0.824 + 0.45) / 2 ) / 22.309*365
=0.637 / 22.309*365
=10.42

Ameriguard Security Services'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
=( (0.502 + 0.45) / 2 ) / 7.718*365 / 4
=0.476 / 7.718*365 / 4
=5.63

* 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.

Ameriguard Security Services Days Payable Related Terms

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Ameriguard Security Services (Ameriguard Security Services) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ameriguard Security Services Inc (OTCPK:AGSS) » Definitions » Days Payable
Comparable Companies
RSKIA KSCP SNT GFAI IVDA VRME UUU GDSI SPCB MACE OSTO:ASSA B TSE:9735 SZSE:002236 ALLE MSA ADT OSTO:SECU B BCO TSE:2331 SZSE:002268
Traded in Other Exchanges
N/A
Address
5470 West Spruce Avenue, Suite 102, Fresno, CA, USA, 93722
Website
https://www.ameriguardsecurity.com
AmeriGuard Security Services Inc principally provides guard services to governmental, quasi-governmental and commercial property management. Guard services include, providing armed and unarmed uniformed security personnel for access control, mobile patrols, traffic control, security console/system operators, fire safety directors, communication, reception, concierge and front desk/doorman operations.