Artgreen Co (NGO:3419) Days Payable : 27.52 (As of Jan. 2024)

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What is Artgreen Co Days Payable?

Artgreen Co's average Accounts Payable for the three months ended in Jan. 2024 was 円100 Mil. Artgreen Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円331 Mil. Hence, Artgreen Co's Days Payable for the three months ended in Jan. 2024 was 27.52.

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

NGO:3419' s Days Payable Range Over the Past 10 Years
Min: 21.42 Med: 24.44 Max: 37.28
Current: 24.44

During the past 10 years, Artgreen Co's highest Days Payable was 37.28. The lowest was 21.42. And the median was 24.44.

NGO:3419's Days Payable is ranked worse than
79.75% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs NGO:3419: 24.44

Artgreen Co's Days Payable increased from Jan. 2023 (25.78) to Jan. 2024 (27.52). It may suggest that Artgreen Co delayed paying its suppliers.

Artgreen Co Days Payable Historical Data

The historical data trend for Artgreen Co'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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Artgreen Co Days Payable Chart

Artgreen Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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21.42

22.77

21.73

23.84

25.04

Artgreen Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															25.78	22.36	25.14	25.57	27.52

Competitive Comparison of Artgreen Co's Days Payable

For the Farm Products subindustry, Artgreen Co'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.

Artgreen Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Artgreen Co 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.

Artgreen Co's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (89.882	+	106.343)	/	2 )	/	1429.893	*	365
=	98.1125					/	1429.893	*	365
=	25.04

Artgreen Co's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (106.343	+	93.15)	/	2 )	/	330.701	*	365 / 4
=	99.7465					/	330.701	*	365 / 4
=	27.52

Artgreen Co Days Payable Related Terms

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Artgreen Co (NGO:3419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Artgreen Co Ltd (NGO:3419) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fukuzumi Building 1-8-8 Fukuzumi, Koto Ward, Tokyo, JPN, 135-0032

Website

http://www.artgreen.co.jp

Artgreen Co Ltd is specialized in flower business and offers various services ranging from seed production, sales, distribution. It is a supplier and grower of orchid seeds and other seedlings. It is engaged in the importing and marketing of flower. It also produces the artificial flower.

Artgreen Co (NGO:3419) Headlines

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