ARHN (Archon) Days Payable: 44.36 (As of Dec. 2010)


What is Archon Days Payable?

Archon ARHN Days Payable is 44.36 as of Dec. 2010.

Archon's average Accounts Payable for the three months ended in Dec. 2010 was $1.11 Mil. Archon's Cost of Goods Sold for the three months ended in Dec. 2010 was $2.27 Mil. Hence, Archon's Days Payable for the three months ended in Dec. 2010 was 44.36.

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

ARHN's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 56.835
* Ranked among companies with meaningful Days Payable only.

Archon's Days Payable declined from Dec. 2009 (54.33) to Dec. 2010 (44.36). It may suggest that Archon accelerated paying its suppliers.

Archon Days Payable Historical Data

* Premium members only.

The historical data trend for Archon'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.

Archon Days Payable Chart

Archon Annual Data
Trend Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.32 58.92 67.09 59.97 54.54

Archon Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.33 46.95 36.32 40.96 44.36

ARHN vs FLL, UWN: Days Payable Comparison

For the Resorts & Casinos subindustry, Archon'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.

Archon Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Archon's Days Payable distribution charts can be found below:

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


Archon 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.

Archon's Days Payable for the fiscal year that ended in Sep. 2010 is calculated as

Days Payable (A: Sep. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2009 ) + Accounts Payable (A: Sep. 2010 )) / count ) / Cost of Goods Sold (A: Sep. 2010 )*Days in Period
=( (2.1 + 1.278) / 2 ) / 11.304*365
=1.689 / 11.304*365
=54.54

Archon's Days Payable for the quarter that ended in Dec. 2010 is calculated as:

Days Payable (Q: Dec. 2010 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2010 ) + Accounts Payable (Q: Dec. 2010 )) / count ) / Cost of Goods Sold (Q: Dec. 2010 )*Days in Period
=( (1.278 + 0.933) / 2 ) / 2.274*365 / 4
=1.1055 / 2.274*365 / 4
=44.36

* 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 44.36 mean?
Archon (ARHN) has a Days Payable of 44.36 as of Dec. 2010. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Archon and its competitors.
Is Archon's Days Payable too high?
Archon's current Days Payable is 44.36. The Travel & Leisure industry median Days Payable is 56.84. Archon's value of 44.36 is 21.9% below this industry median.
How does Archon's Days Payable compare to FLL and UWN?
Archon's Days Payable of 44.36 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 56.84. Archon's value of 44.36 is 21.9% below 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.84, based on 780 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. Archon's current Days Payable of 44.36 is 21.9% below 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 Archon and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Archon's current Days Payable is 44.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Archon stock overvalued right now?
Archon (ARHN) has a current Days Payable of 44.36. The current Days Payable is 44.36 and 21.9% below the Travel & Leisure industry median of 56.84. 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 Archon (ARHN), the current Days Payable is 44.36 as of Dec. 2010. 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.

Archon Business Description

Address 2200 Casino Drive, Laughlin, NV, USA, 89029
Archon Corp is a United States based company focused on operating the Pioneer Hotel & Gambling Hall in Laughlin through its wholly-owned subsidiary. It is engaged in operating hotel and casino activities. In addition, the company also owns real estates and investment properties.