ArkCore (NGO:3384) Days Payable : 1.59 (As of Nov. 2023)

View and export this data going back to 2005. Start your Free Trial

What is ArkCore Days Payable?

ArkCore's average Accounts Payable for the three months ended in Nov. 2023 was 円12 Mil. ArkCore's Cost of Goods Sold for the three months ended in Nov. 2023 was 円711 Mil. Hence, ArkCore's Days Payable for the three months ended in Nov. 2023 was 1.59.

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

NGO:3384' s Days Payable Range Over the Past 10 Years
Min: 1.61 Med: 7.58 Max: 34.43
Current: 1.95

During the past 13 years, ArkCore's highest Days Payable was 34.43. The lowest was 1.61. And the median was 7.58.

NGO:3384's Days Payable is ranked worse than
99.44% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs NGO:3384: 1.95

ArkCore's Days Payable declined from Nov. 2022 (2.08) to Nov. 2023 (1.59). It may suggest that ArkCore accelerated paying its suppliers.

ArkCore Days Payable Historical Data

The historical data trend for ArkCore'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.

ArkCore Days Payable Chart

ArkCore Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

Get a 7-Day Free Trial

1.61

2.36

5.42

5.69

3.16

ArkCore Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															2.08	3.23	2.31	1.28	1.59

Competitive Comparison of ArkCore's Days Payable

For the Auto & Truck Dealerships subindustry, ArkCore'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.

ArkCore's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ArkCore's Days Payable distribution charts can be found below:

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

ArkCore 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.

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

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (30.237	+	24.157)	/	2 )	/	3144.516	*	365
=	27.197					/	3144.516	*	365
=	3.16

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

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (10.253	+	14.462)	/	2 )	/	711.227	*	365 / 4
=	12.3575					/	711.227	*	365 / 4
=	1.59

ArkCore Days Payable Related Terms

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

ArkCore (NGO:3384) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ArkCore Inc (NGO:3384) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-2 camellia, Adachi-ku, Tokyo, JPN

Website

http://www.arkcore.co.jp

ArkCore Inc. is engaged in the purchase and sale of motorcycles and related products in Japan. It sells bikes through its stores and online. The company operates its stores under the Bike Land and Bike land direct sales center brand names.

ArkCore (NGO:3384) Headlines

No Headlines