ARM Cement (NAI:ARM) Days Payable: 0.00 (As of Dec. 2017)


What is ARM Cement Days Payable?

ARM Cement NAI:ARM Days Payable is 0.00 as of Dec. 2017.

ARM Cement's average Accounts Payable for the six months ended in Dec. 2017 was KES2,768 Mil. ARM Cement's Cost of Goods Sold for the six months ended in Dec. 2017 was KES0 Mil.

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

NAI:ARM's Days Payable is not ranked *
in the Building Materials industry.
Industry Median: 69.75
* Ranked among companies with meaningful Days Payable only.

ARM Cement's Days Payable stayed the same from Dec. 2016 (0.00) to Dec. 2017 (0.00).

ARM Cement Days Payable Historical Data

* Premium members only.

The historical data trend for ARM Cement'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.

ARM Cement Days Payable Chart

ARM Cement Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.16 91.81 141.04 140.33 117.14

ARM Cement Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 0.00 0.00 0.00 0.00 0.00

ARM Cement Days Payable Competitor Comparison

For the Building Materials subindustry, ARM Cement'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.

ARM Cement Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, ARM Cement's Days Payable distribution charts can be found below:

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


ARM Cement 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.

ARM Cement's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (3626.087 + 2767.959) / 2 ) / 9961.422*365
=3197.023 / 9961.422*365
=117.14

ARM Cement's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

Days Payable (Q: Dec. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2017 ) + Accounts Payable (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (0 + 2767.959) / 1 ) / 0*365 / 2
=2767.959 / 0*365 / 2
=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?
ARM Cement (NAI:ARM) has a Days Payable of 0.00 as of Dec. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ARM Cement and its competitors.
Is ARM Cement's Days Payable too high?
ARM Cement's current Days Payable is 0.00.
How does ARM Cement's Days Payable compare to competitors?
ARM Cement's Days Payable of 0.00 can be compared against companies in the Building Materials industry. The industry median Days Payable is 69.75. 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.75, based on 395 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 ARM Cement and its competitors. For the Building Materials industry, the median Days Payable is 69.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ARM Cement'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 ARM Cement stock overvalued right now?
ARM Cement (NAI:ARM) 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 ARM Cement (NAI:ARM), the current Days Payable is 0.00 as of Dec. 2017. 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.

ARM Cement Business Description

Address The Westwood, Ring Road, 9th Floor, Westlands, Nairobi, KEN, 00100
ARM Cement PLC is a cement manufacturing company based in Kenya. The principal activities of the company and its subsidiaries are the manufacturing and selling of cement. In addition, the company is engaged in the mining and processing of industrial minerals and chemicals, trading in other building products and the sale of fertilisers. The company is organised into two principal operating division - Cement and Lime segment and Other Products. The company offers tiling cement, composite cement, portland cement, and clinker. The company predominantly carries out its operations in Kenya, Tanzania, South Africa and Rwanda. The majority of its revenue is derived from Kenya.