ARNI (Arno Therapeutics) Days Payable: 0.00 (As of Sep. 2016)

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What is Arno Therapeutics Days Payable?

Arno Therapeutics ARNI Days Payable is 0.00 as of Sep. 2016.

Arno Therapeutics's average Accounts Payable for the three months ended in Sep. 2016 was $0.89 Mil. Arno Therapeutics's Cost of Goods Sold for the three months ended in Sep. 2016 was $0.00 Mil.

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

ARNI's Days Payable is not ranked *
in the Biotechnology industry.
Industry Median: 112.84
* Ranked among companies with meaningful Days Payable only.

Arno Therapeutics's Days Payable stayed the same from Sep. 2015 (0.00) to Sep. 2016 (0.00). stayed the same

Arno Therapeutics Days Payable Historical Data

* Premium members only.

The historical data trend for Arno Therapeutics'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.

Arno Therapeutics Days Payable Chart

Arno Therapeutics Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Arno Therapeutics Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.00 0.00

ARNI vs PLPL, BTHE, WIZP: Days Payable Comparison

For the Biotechnology subindustry, Arno Therapeutics'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.

Arno Therapeutics Days Payable vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Arno Therapeutics's Days Payable distribution charts can be found below:

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


Arno Therapeutics 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.

Arno Therapeutics's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0.742 + 1.01) / 2 ) / 0*365
=0.876 / 0*365
=N/A

Arno Therapeutics's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable (Q: Sep. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2016 ) + Accounts Payable (Q: Sep. 2016 )) / count ) / Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=( (0.709 + 1.065) / 2 ) / 0*365 / 4
=0.887 / 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?
Arno Therapeutics (ARNI) has a Days Payable of 0.00 as of Sep. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Arno Therapeutics and its competitors.
Is Arno Therapeutics' Days Payable too high?
Arno Therapeutics' current Days Payable is 0.00.
How does Arno Therapeutics' Days Payable compare to PLPL and BTHE?
Arno Therapeutics' Days Payable of 0.00 can be compared against companies in the Biotechnology industry. The industry median Days Payable is 112.84. 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 Biotechnology company?
The median Days Payable among Biotechnology companies is 112.84, based on 703 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 Arno Therapeutics and its competitors. For the Biotechnology industry, the median Days Payable is 112.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arno Therapeutics'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 Arno Therapeutics stock overvalued right now?
Arno Therapeutics (ARNI) 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 Arno Therapeutics (ARNI), the current Days Payable is 0.00 as of Sep. 2016. 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.

Arno Therapeutics Business Description

Address 200 Route 31 North, Suite 104, Flemington, NJ, USA, 08822
Arno Therapeutics Inc operates as a biopharmaceutical company. It develops drug candidates to treat patients with cancer and other life-threatening diseases. It develops pre-clinical and clinical-stage product under the following name: Onapristone, AR-42, and AR-12. Onapristone is indicated for endometrial, prostate and breast cancer indications, AR-42 is provided for hematological malignancies and solid tumors indications and AR-12 is offered for solid tumors and hematological malignancies, and various anti-microbial targets.