AMCT (American Education Center) Days Payable: 21,700.91 (As of Jun. 2021)

What is American Education Center Days Payable?

American Education Center AMCT Days Payable is 21,700.91 as of Jun. 2021.

American Education Center's average Accounts Payable for the three months ended in Jun. 2021 was $2.62 Mil. American Education Center's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.01 Mil. Hence, American Education Center's Days Payable for the three months ended in Jun. 2021 was 21,700.91.

The historical rank and industry rank for American Education Center's Days Payable or its related term are showing as below:

AMCT's Days Payable is not ranked ^*
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

American Education Center's Days Payable increased from Jun. 2020 (4,269.20) to Jun. 2021 (21,700.91). It may suggest that American Education Center delayed paying its suppliers.

American Education Center Days Payable Related Terms

American Education Center Days Payable Historical Data

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The historical data trend for American Education Center'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.

American Education Center Days Payable Chart

American Education Center Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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82.22

76.84

278.42

333.80

5,670.61

American Education Center Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Days Payable	Get a 7-Day Free Trial															4,269.20	112,237.50	0.00	111,918.13	21,700.91

AMCT vs MSYN, QPRC, AMMJ: Days Payable Comparison

For the Consulting Services subindustry, American Education Center'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.

American Education Center Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, American Education Center's Days Payable distribution charts can be found below:

* The bar in red indicates where American Education Center's Days Payable falls into.

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American Education Center 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.

American Education Center's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (2.867	+	2.322)	/	2 )	/	0.167	*	365
=	2.5945					/	0.167	*	365
=	5,670.61

American Education Center's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

	Days Payable (Q: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2021 )	+	Accounts Payable (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (2.584	+	2.648)	/	2 )	/	0.011	*	365 / 4
=	2.616					/	0.011	*	365 / 4
=	21,700.91

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 21,700.91 mean?

American Education Center (AMCT) has a Days Payable of 21,700.91 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American Education Center and its competitors.

Is American Education Center's Days Payable too high?

American Education Center's current Days Payable is 21,700.91. The Business Services industry median Days Payable is 46.92. American Education Center's value of 21,700.91 is 46150.9% above this industry median.

How does American Education Center's Days Payable compare to MSYN and QPRC?

American Education Center's Days Payable of 21,700.91 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. American Education Center's value of 21,700.91 is 46150.9% 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 Business Services company?

The median Days Payable among Business Services companies is 46.92, based on 943 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. American Education Center's current Days Payable of 21,700.91 is 46150.9% 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 American Education Center and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Education Center's current Days Payable is 21,700.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is American Education Center stock overvalued right now?

American Education Center (AMCT) has a current Days Payable of 21,700.91. The current Days Payable is 21,700.91 and 46150.9% above the Business Services industry median of 46.92. 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 American Education Center (AMCT), the current Days Payable is 21,700.91 as of Jun. 2021. 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.

American Education Center Business Description

Industry Industrials Business Services

Comparable Companies MSYN HKSE:08341 BOM:541735 QPRC AMMJ WAR:TLT WAR:DGA HKSE:08455 WSCO WAR:ERH

Address 630 Fifth Avenue, Suite 2338, New York, NY, USA, 10111

Website https://www.aec100.com

American Education Center Inc is a United States-based company engaged in the provision of consulting services. Its Consulting services include Placement Advisory Services, Career Advisory Services, Student & Family Advisory Services, and Other Advisory Services. The company operates in two segments: the AEC New York segment and the AEC BVI segment. The majority of the revenue is generated from the AEC New York segment, which caters to middle-class families in China for quality education and work experiences in the United States and delivers customized high school and college placement and career advisory services to Chinese students wishing to study in the USA.