Aamaxan Transport Group (Aamaxan Transport Group) Days Payable : 41.94 (As of Jun. 2008)

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

What is Aamaxan Transport Group Days Payable?

Aamaxan Transport Group's average Accounts Payable for the three months ended in Jun. 2008 was $2.70 Mil. Aamaxan Transport Group's Cost of Goods Sold for the three months ended in Jun. 2008 was $6.21 Mil. Hence, Aamaxan Transport Group's Days Payable for the three months ended in Jun. 2008 was 39.63.

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

AAXT's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 86.81
* Ranked among companies with meaningful Days Payable only.

Aamaxan Transport Group's Days Payable increased from Apr. 2007 (0.05) to Jun. 2008 (41.94). It may suggest that Aamaxan Transport Group delayed paying its suppliers.

Aamaxan Transport Group Days Payable Historical Data

The historical data trend for Aamaxan Transport Group'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.

Aamaxan Transport Group Days Payable Chart

Aamaxan Transport Group Annual Data

Trend

Jan06

Jan07

Days Payable

Aamaxan Transport Group Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Jun08
Days Payable	Get a 7-Day Free Trial				0.05	0.02	-	-	41.94

Competitive Comparison of Aamaxan Transport Group's Days Payable

For the Shell Companies subindustry, Aamaxan Transport Group'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.

Aamaxan Transport Group's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aamaxan Transport Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Aamaxan Transport Group's Days Payable falls into.

Aamaxan Transport Group 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.

Aamaxan Transport Group's Days Payable for the fiscal year that ended in Jan. 2007 is calculated as

	Days Payable (A: Jan. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2006 )	+	Accounts Payable (A: Jan. 2007 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2007 )	*	Days in Period
=	( (0.006	+	0.004)	/	2 )	/	0	*	365
=	0.005					/	0	*	365
=	N/A

Aamaxan Transport Group's Days Payable for the quarter that ended in Jun. 2008 is calculated as:

	Days Payable (Q: Jun. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2008 )	+	Accounts Payable (Q: Jun. 2008 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2008 )	*	Days in Period
=	( (2.539	+	2.853)	/	2 )	/	6.207	*	365 / 4
=	2.696					/	6.207	*	365 / 4
=	39.63

Aamaxan Transport Group Days Payable Related Terms

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

Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aamaxan Transport Group Inc (GREY:AAXT) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7

Website

Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

Aamaxan Transport Group (Aamaxan Transport Group) Headlines

No Headlines