Arealink Co (Arealink Co) Days Payable : 4.50 (As of Mar. 2024)

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What is Arealink Co Days Payable?

Arealink Co's average Accounts Payable for the three months ended in Mar. 2024 was $1.49 Mil. Arealink Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $30.13 Mil. Hence, Arealink Co's Days Payable for the three months ended in Mar. 2024 was 4.50.

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

ALNKF' s Days Payable Range Over the Past 10 Years
Min: 3.52 Med: 8.87 Max: 17.84
Current: 4.41

During the past 13 years, Arealink Co's highest Days Payable was 17.84. The lowest was 3.52. And the median was 8.87.

ALNKF's Days Payable is ranked worse than
97.22% of 1582 companies
in the Real Estate industry
Industry Median: 99.725 vs ALNKF: 4.41

Arealink Co's Days Payable declined from Mar. 2023 (5.58) to Mar. 2024 (4.50). It may suggest that Arealink Co accelerated paying its suppliers.

Arealink Co Days Payable Historical Data

The historical data trend for Arealink Co'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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Arealink Co Days Payable Chart

Arealink Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5.59

3.44

4.22

4.37

3.94

Arealink Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															5.58	4.83	3.21	3.63	4.50

Competitive Comparison of Arealink Co's Days Payable

For the Real Estate Services subindustry, Arealink Co'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.

Arealink Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arealink Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Arealink Co's Days Payable falls into.

Arealink Co 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.

Arealink Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1.088	+	1.145)	/	2 )	/	103.561	*	365
=	1.1165					/	103.561	*	365
=	3.94

Arealink Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.145	+	1.827)	/	2 )	/	30.132	*	365 / 4
=	1.486					/	30.132	*	365 / 4
=	4.50

Arealink Co Days Payable Related Terms

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Arealink Co (Arealink Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arealink Co Ltd (OTCPK:ALNKF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8914:Japan

Address

3-1, Kanda ogawamachi, Chiyoda-ku, Tokyo, JPN, 101-0052

Website

http://www.arealink.co.jp

Arealink Co Ltd is a Japan based company engages in the real estate business. The company provides space for the storage of daily living and general items; land, condominiums, and buildings as storage and office space; and business spaces, including small-scale offices, rental meeting rooms, galleries, and related facilities.

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