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Agape ATP (Agape ATP) Days Payable : 51.58 (As of Dec. 2023)


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What is Agape ATP Days Payable?

Agape ATP's average Accounts Payable for the three months ended in Dec. 2023 was $0.08 Mil. Agape ATP's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.14 Mil. Hence, Agape ATP's Days Payable for the three months ended in Dec. 2023 was 51.58.

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

ATPC' s Days Payable Range Over the Past 10 Years
Min: 8.89   Med: 17.21   Max: 53.2
Current: 51.03

During the past 7 years, Agape ATP's highest Days Payable was 53.20. The lowest was 8.89. And the median was 17.21.

ATPC's Days Payable is ranked better than
55.98% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs ATPC: 51.03

Agape ATP's Days Payable increased from Dec. 2022 (13.34) to Dec. 2023 (51.58). It may suggest that Agape ATP delayed paying its suppliers.

Agape ATP Days Payable Historical Data

The historical data trend for Agape ATP'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.

Agape ATP Days Payable Chart

Agape ATP Annual Data
Trend Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 8.89 16.46 17.21 18.63 53.20

Agape ATP 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 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 13.34 42.44 57.45 51.71 51.58

Competitive Comparison of Agape ATP's Days Payable

For the Packaged Foods subindustry, Agape ATP'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.

Agape ATP's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agape ATP's Days Payable distribution charts can be found below:

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


Agape ATP 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.

Agape ATP'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
=( (0.054 + 0.09) / 2 ) / 0.494*365
=0.072 / 0.494*365
=53.20

Agape ATP'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
=( (0.066 + 0.09) / 2 ) / 0.138*365 / 4
=0.078 / 0.138*365 / 4
=51.58

* 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.

Agape ATP Days Payable Related Terms

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

Agape ATP (Agape ATP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agape ATP Corp (NAS:ATPC) » Definitions » Days Payable
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BFNH UMEWF FARM RGF YGF PLAG NAII ZHYBF SOWG TLCC XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
Jalan Desa Bahagia, Taman Desa, Tower 2, Lot 1705-1708, 17th Floor, Faber Towers, Kuala Lumpur, SGR, MYS, 58100
Website
https://www.agapeatp.com
Agape ATP Corp through its subsidiaries is engaged in providing health and wellness products and health solution advisory services. The principal activities of the company are to supply high-quality health and wellness products, including a supplement to assist in cell metabolism, detoxification, blood circulation, anti-aging and products designed to improve the overall health system in a body. Its product portfolio includes ATP1s Survivor Select, ATP2 Energized Mineral Concentrate, ATP3 Ionized Cal-Mag, ATP4 Omega Blend, AGN-Vege Fruit Fiber and Others.