ARHT Media (FRA:VE3P) Days Payable

: 0.00 (As of Sep. 2023)

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ARHT Media's average Accounts Payable for the three months ended in Sep. 2023 was €0.00 Mil. ARHT Media's Cost of Goods Sold for the three months ended in Sep. 2023 was €0.41 Mil. Hence, ARHT Media's Days Payable for the three months ended in Sep. 2023 was 0.00.

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

FRA:VE3P' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 261.17
Current: 261.17

During the past 13 years, ARHT Media's highest Days Payable was 261.17. The lowest was 0.00. And the median was 0.00.

FRA:VE3P's Days Payable is ranked better than
86.84% of 2522 companies
in the Software industry
Industry Median: 51.51 vs FRA:VE3P: 261.17

ARHT Media's Days Payable declined from Sep. 2022 (210.63) to Sep. 2023 (0.00). It may suggest that ARHT Media accelerated paying its suppliers.

ARHT Media Days Payable Historical Data

The historical data trend for ARHT Media'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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ARHT Media Annual Data

Trend

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Dec19

Dec20

Dec21

Dec22

Days Payable

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ARHT Media Quarterly Data
	Oct18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															210.63	177.83	-	-	-

Competitive Comparison

For the Software - Application subindustry, ARHT Media'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.

ARHT Media Days Payable Distribution

For the Software industry and Technology sector, ARHT Media's Days Payable distribution charts can be found below:

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

ARHT Media 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.

ARHT Media's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.729	*	365
=	0					/	2.729	*	365
=	0.00

ARHT Media's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.405	*	365 / 4
=	0					/	0.405	*	365 / 4
=	0.00

ARHT Media Days Payable Related Terms

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ARHT Media (FRA:VE3P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ARHT Media Inc (FRA:VE3P) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARHTF:USA ART:Canada

Address

195 Bentworth Avenue, Unit 2, Toronto, ON, CAN, M6A 1P9

Website

https://www.arhtmedia.com

ARHT Media Inc engages in the creation, transmission, and delivery of digital human hologram. The company offers HumaGrams which are interactive human holograms generated using Augmented Reality Holographic Technology (ARHT), which allows its customers to interact and conduct real-time e-commerce with consumers, as well as to provide analytics back to retailers through the platform. This platform supports various markets, such as seminars, conferences, trade shows, corporate meetings, education, and live events, and digital signages. The company's geographical segments include Canada; the United States; Europe and the Middle East; and Asia.

ARHT Media (FRA:VE3P) Headlines

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