ACAGF (Arcandor AG) Days Payable: 92.11 (As of Sep. 2008)


What is Arcandor AG Days Payable?

Arcandor AG ACAGF Days Payable is 92.11 as of Sep. 2008.

Arcandor AG's average Accounts Payable for the six months ended in Sep. 2008 was $4,615 Mil. Arcandor AG's Cost of Goods Sold for the six months ended in Sep. 2008 was $18,288 Mil. Hence, Arcandor AG's Days Payable for the six months ended in Sep. 2008 was 46.05.

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

ACAGF's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 51.625
* Ranked among companies with meaningful Days Payable only.

Arcandor AG's Days Payable increased from Dec. 2005 (0.00) to Sep. 2008 (92.11). It may suggest that Arcandor AG delayed paying its suppliers.

Arcandor AG Days Payable Historical Data

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The historical data trend for Arcandor AG'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.

Arcandor AG Days Payable Chart

Arcandor AG Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Sep07 Sep08
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 101.45 83.13

Arcandor AG Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Sep08
Days Payable Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 92.11

ACAGF vs : Days Payable Comparison

For the Department Stores subindustry, Arcandor AG'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.

Arcandor AG Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Arcandor AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Arcandor AG's Days Payable falls into.


Arcandor AG 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.

Arcandor AG's Days Payable for the fiscal year that ended in Sep. 2008 is calculated as

Days Payable (A: Sep. 2008 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2007 ) + Accounts Payable (A: Sep. 2008 )) / count ) / Cost of Goods Sold (A: Sep. 2008 )*Days in Period
=( (3714.951 + 4614.775) / 2 ) / 18287.511*365
=4164.863 / 18287.511*365
=83.13

Arcandor AG's Days Payable for the quarter that ended in Sep. 2008 is calculated as:

Days Payable (Q: Sep. 2008 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2006 ) + Accounts Payable (Q: Sep. 2008 )) / count ) / Cost of Goods Sold (Q: Sep. 2008 )*Days in Period
=( (0 + 4614.775) / 1 ) / 18287.511*365 / 2
=4614.775 / 18287.511*365 / 2
=46.05

* 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 92.11 mean?
Arcandor AG (ACAGF) has a Days Payable of 92.11 as of Sep. 2008. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Arcandor AG and its competitors.
Is Arcandor AG's Days Payable too high?
Arcandor AG's current Days Payable is 92.11. The Retail - Cyclical industry median Days Payable is 51.63. Arcandor AG's value of 92.11 is 78.4% above this industry median.
How does Arcandor AG's Days Payable compare to ?
Arcandor AG's Days Payable of 92.11 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.63. Arcandor AG's value of 92.11 is 78.4% above 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.63, based on 1,098 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. Arcandor AG's current Days Payable of 92.11 is 78.4% above 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 Arcandor AG and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arcandor AG's current Days Payable is 92.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcandor AG stock overvalued right now?
Arcandor AG (ACAGF) has a current Days Payable of 92.11. The current Days Payable is 92.11 and 78.4% above the Retail - Cyclical industry median of 51.63. 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 Arcandor AG (ACAGF), the current Days Payable is 92.11 as of Sep. 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.

Arcandor AG Business Description

Comparable Companies
Address Arcandor AG, Theodor-althoff-strac E 2, Essen, DEU, 45133
Arcandor AG is in insolvency. Arcandor was a German handels and tourism company, with the divisions Karstadt, mail-order operation (Primondo) and Thomas Cook.