AGXTF (Argentex Group) Days Payable: 1,687.51 (As of Dec. 2024)

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AGXTF Argentex Group PLC AGXTF
16 GF Score
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What is Argentex Group Days Payable?

Argentex Group AGXTF 16 Days Payable is 1,687.51 as of Dec. 2024. GuruFocus rates AGXTF with a GF Score™ of 16/100.

Argentex Group's average Accounts Payable for the six months ended in Dec. 2024 was $8.17 Mil. Argentex Group's Cost of Goods Sold for the six months ended in Dec. 2024 was $0.88 Mil. Hence, Argentex Group's Days Payable for the six months ended in Dec. 2024 was 1,687.51.

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

AGXTF's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 88.46
* Ranked among companies with meaningful Days Payable only.

Argentex Group's Days Payable increased from Dec. 2023 (1,573.50) to Dec. 2024 (1,687.51). It may suggest that Argentex Group delayed paying its suppliers.

Argentex Group Days Payable Historical Data

* Premium members only.

The historical data trend for Argentex 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.

Argentex Group Days Payable Chart

Argentex Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 33,309.38 23,758.13 0.00 1,481.37 2,079.48

Argentex Group Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Jun23 Dec23 Jun24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1,573.50 1,805.27 1,687.51

AGXTF vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Argentex 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.

Argentex Group Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Argentex Group's Days Payable distribution charts can be found below:

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


AGXTF
16GF Score
Argentex Group PLC AGXTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Argentex 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.

Argentex Group's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (8.734 + 9.987) / 2 ) / 1.643*365
=9.3605 / 1.643*365
=2,079.48

Argentex Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (6.361 + 9.987) / 2 ) / 0.884*365 / 2
=8.174 / 0.884*365 / 2
=1,687.51

* 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 1,687.51 mean?
Argentex Group (AGXTF) has a Days Payable of 1,687.51 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Argentex Group and its competitors.
Is Argentex Group's Days Payable too high?
Argentex Group's current Days Payable is 1,687.51. The Capital Markets industry median Days Payable is 88.46. Argentex Group's value of 1,687.51 is 1807.7% above this industry median. Overall, Argentex Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Argentex Group's Days Payable compare to MS and GS?
Argentex Group's Days Payable of 1,687.51 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 88.46. Argentex Group's value of 1,687.51 is 1807.7% 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 88.46, based on 541 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. Argentex Group's current Days Payable of 1,687.51 is 1807.7% 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 Argentex Group and its competitors. For the Capital Markets industry, the median Days Payable is 88.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argentex Group's current Days Payable is 1,687.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argentex Group stock overvalued right now?
Argentex Group (AGXTF) has a current Days Payable of 1,687.51. The current Days Payable is 1,687.51 and 1807.7% above the Capital Markets industry median of 88.46. Argentex Group's overall GF Score™ is 16/100. 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 Argentex Group (AGXTF), the current Days Payable is 1,687.51 as of Dec. 2024. 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.

Argentex Group Business Description

Address 25 Argyll Street, London, GBR, W1F 7TU
Argentex Group PLC is a United Kingdom-based foreign exchange service provider. It operates as a Riskless Principal broker for non-speculative, spot, and forward foreign exchange and structured financial derivative contracts. The company's client base includes institutions and corporations in a range of industries.
16GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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