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


What is Aamaxan Transport Group Days Payable?

Aamaxan Transport Group AAXT Days Payable is 41.94 as of Jun. 2008.

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: 71.76
* 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

* Premium members only.

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.

Aamaxan Transport Group Days Payable Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Days Payable
0.00 0.00

Aamaxan Transport Group Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.02 0.00 0.00 41.94

AAXT vs SDON, ASKH, GPLB: Days Payable Comparison

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 Days Payable vs 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

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 41.94 mean?
Aamaxan Transport Group (AAXT) has a Days Payable of 41.94 as of Jun. 2008. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aamaxan Transport Group and its competitors.
Is Aamaxan Transport Group's Days Payable too high?
Aamaxan Transport Group's current Days Payable is 41.94. The Diversified Financial Services industry median Days Payable is 71.76. Aamaxan Transport Group's value of 41.94 is 41.6% below this industry median.
How does Aamaxan Transport Group's Days Payable compare to SDON and ASKH?
Aamaxan Transport Group's Days Payable of 41.94 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 71.76. Aamaxan Transport Group's value of 41.94 is 41.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 71.76, based on 82 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aamaxan Transport Group's current Days Payable of 41.94 is 41.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aamaxan Transport Group and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aamaxan Transport Group's current Days Payable is 41.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aamaxan Transport Group stock overvalued right now?
Aamaxan Transport Group (AAXT) has a current Days Payable of 41.94. The current Days Payable is 41.94 and 41.6% below the Diversified Financial Services industry median of 71.76. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Aamaxan Transport Group (AAXT), the current Days Payable is 41.94 as of Jun. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aamaxan Transport Group Business Description

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