ARMV (Arma Services) Days Payable: 0.00 (As of Jul. 2023)


What is Arma Services Days Payable?

Arma Services ARMV Days Payable is 0.00 as of Jul. 2023.

Arma Services's average Accounts Payable for the three months ended in Jul. 2023 was $0.28 Mil. Arma Services's Cost of Goods Sold for the three months ended in Jul. 2023 was $0.00 Mil.

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

ARMV's Days Payable is not ranked *
in the Forest Products industry.
Industry Median: 57.93
* Ranked among companies with meaningful Days Payable only.

Arma Services's Days Payable stayed the same from Jul. 2022 (0.00) to Jul. 2023 (0.00). stayed the same

Arma Services Days Payable Historical Data

* Premium members only.

The historical data trend for Arma Services'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.

Arma Services Days Payable Chart

Arma Services Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Arma Services Quarterly Data
Jan18 Jul18 Oct18 Jan19 Jul19 Oct19 Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 0.00 0.00 0.00 838.63 0.00

ARMV vs ONVC, LQLY, NNAX: Days Payable Comparison

For the Lumber & Wood Production subindustry, Arma Services'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.

Arma Services Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arma Services's Days Payable distribution charts can be found below:

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


Arma Services 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.

Arma Services's Days Payable for the fiscal year that ended in Oct. 2022 is calculated as

Days Payable (A: Oct. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2021 ) + Accounts Payable (A: Oct. 2022 )) / count ) / Cost of Goods Sold (A: Oct. 2022 )*Days in Period
=( (0.011 + 0.015) / 2 ) / 0*365
=0.013 / 0*365
=N/A

Arma Services's Days Payable for the quarter that ended in Jul. 2023 is calculated as:

Days Payable (Q: Jul. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Jul. 2023 )) / count ) / Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=( (0.196 + 0.366) / 2 ) / 0*365 / 4
=0.281 / 0*365 / 4
=N/A

* 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 0.00 mean?
Arma Services (ARMV) has a Days Payable of 0.00 as of Jul. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Arma Services and its competitors.
Is Arma Services' Days Payable too high?
Arma Services' current Days Payable is 0.00.
How does Arma Services' Days Payable compare to ONVC and LQLY?
Arma Services' Days Payable of 0.00 can be compared against companies in the Forest Products industry. The industry median Days Payable is 57.93. 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. 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 Arma Services and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arma Services's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arma Services stock overvalued right now?
Arma Services (ARMV) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Arma Services (ARMV), the current Days Payable is 0.00 as of Jul. 2023. 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.

Arma Services Business Description

Address 7260 West Azure Drive, Suite 140-920, Las Vegas, NV, USA, 89130
Arma Services Inc is a holding company, that operates through its subsidiary specializing in Forestry Management and creating Carbon Offsets, and in developing methodologies of carbon capture in agricultural crop applications.