Arch Resources (FRA:ACCA) Days Payable

: 30.73 (As of Dec. 2023)

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Arch Resources's average Accounts Payable for the three months ended in Dec. 2023 was €187 Mil. Arch Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was €555 Mil. Hence, Arch Resources's Days Payable for the three months ended in Dec. 2023 was 30.73.

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

FRA:ACCA' s Days Payable Range Over the Past 10 Years
Min: 20.9 Med: 23.64 Max: 30.57
Current: 28.77

During the past 13 years, Arch Resources's highest Days Payable was 30.57. The lowest was 20.90. And the median was 23.64.

FRA:ACCA's Days Payable is ranked worse than
66.67% of 588 companies
in the Steel industry
Industry Median: 39.59 vs FRA:ACCA: 28.77

Arch Resources's Days Payable increased from Dec. 2022 (30.50) to Dec. 2023 (30.73). It may suggest that Arch Resources delayed paying its suppliers.

Arch Resources Days Payable Historical Data

The historical data trend for Arch Resources'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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Arch Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.73

30.35

24.51

24.77

31.03

Arch Resources 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															30.50	29.38	26.11	27.65	30.73

Competitive Comparison

For the Coking Coal subindustry, Arch Resources'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.

Arch Resources Days Payable Distribution

For the Steel industry and Basic Materials sector, Arch Resources's Days Payable distribution charts can be found below:

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

Arch Resources 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.

Arch Resources'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
=	( (199.985	+	187.986)	/	2 )	/	2281.839	*	365
=	193.9855					/	2281.839	*	365
=	31.03

Arch Resources'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
=	( (185.876	+	187.986)	/	2 )	/	555.105	*	365 / 4
=	186.931					/	555.105	*	365 / 4
=	30.73

Arch Resources Days Payable Related Terms

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Arch Resources (FRA:ACCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Arch Resources Inc (FRA:ACCA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARCH:USA ACCA:Germany

Address

1 CityPlace Drive, Suite 300, Saint Louis, MO, USA, 63141

Website

https://www.archrsc.com

Arch Resources Inc is a producer of metallurgical and coking coal. The company sells its coal to power plants, steel mills, and industrial facilities. Its operating segment includes Metallurgical (MET) and Thermal. It generates maximum revenue from the Metallurgical (MET) segment. Geographically, it derives a majority of its revenue from Asia.