Arion Group (Arion Group) Days Payable : 38.42 (As of Oct. 2023)

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What is Arion Group Days Payable?

Arion Group's average Accounts Payable for the three months ended in Oct. 2023 was $0.02 Mil. Arion Group's Cost of Goods Sold for the three months ended in Oct. 2023 was $0.04 Mil. Hence, Arion Group's Days Payable for the three months ended in Oct. 2023 was 38.42.

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

ARGC' s Days Payable Range Over the Past 10 Years
Min: 57.63 Med: 84.23 Max: 84.23
Current: 57.63

During the past 7 years, Arion Group's highest Days Payable was 84.23. The lowest was 57.63. And the median was 84.23.

ARGC's Days Payable is not ranked
in the Diversified Financial Services industry.
Industry Median: 86.81 vs ARGC: 57.63

Arion Group's Days Payable increased from Oct. 2022 (0.00) to Oct. 2023 (38.42). It may suggest that Arion Group delayed paying its suppliers.

Arion Group Days Payable Historical Data

The historical data trend for Arion 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.

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Arion Group Days Payable Chart

Arion Group Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Days Payable

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84.23

Arion Group Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Payable	Get a 7-Day Free Trial															-	-	-	35.26	38.42

Competitive Comparison of Arion Group's Days Payable

For the Shell Companies subindustry, Arion 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.

Arion Group's Days Payable Distribution in the Diversified Financial Services Industry

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

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

Arion 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.

Arion Group's Days Payable for the fiscal year that ended in Jan. 2023 is calculated as

	Days Payable (A: Jan. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2022 )	+	Accounts Payable (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (0.003	+	0)	/	1 )	/	0.013	*	365
=	0.003					/	0.013	*	365
=	84.23

Arion Group's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0.021	+	0.011)	/	2 )	/	0.038	*	365 / 4
=	0.016					/	0.038	*	365 / 4
=	38.42

Arion Group Days Payable Related Terms

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Arion Group (Arion Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Arion Group Corp (OTCPK:ARGC) » Definitions » Days Payable

Comparable Companies

LSE:DRV MIL:FTC OSTO:TRG HKSE:08173 HKSE:08501 TSE:4422 TSE:3719 OHEL:TRH1V IST:IDEAS TSE:6578

Traded in Other Exchanges

N/A

Address

11268 Rush Street, South El Monte, CA, USA, 91733

Website

Arion Group Corp is currently a start-up company exploring various manufacturing and distribution business opportunities in the dietary ingredient and nutritional supplement industry.

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