Argo Graphics (TSE:7595) Days Payable : 93.93 (As of Sep. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Argo Graphics Days Payable?

Argo Graphics's average Accounts Payable for the three months ended in Sep. 2024 was 円12,027 Mil. Argo Graphics's Cost of Goods Sold for the three months ended in Sep. 2024 was 円11,684 Mil. Hence, Argo Graphics's Days Payable for the three months ended in Sep. 2024 was 93.93.

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

TSE:7595' s Days Payable Range Over the Past 10 Years
Min: 53.31 Med: 71.61 Max: 92.81
Current: 77.64

During the past 13 years, Argo Graphics's highest Days Payable was 92.81. The lowest was 53.31. And the median was 71.61.

TSE:7595's Days Payable is ranked better than
62.54% of 2552 companies
in the Software industry
Industry Median: 51 vs TSE:7595: 77.64

Argo Graphics's Days Payable increased from Sep. 2023 (70.84) to Sep. 2024 (93.93). It may suggest that Argo Graphics delayed paying its suppliers.

Argo Graphics Days Payable Historical Data

The historical data trend for Argo Graphics'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.

* Premium members only.

Argo Graphics Days Payable Chart

Argo Graphics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

76.56

84.54

88.12

92.81

86.06

Argo Graphics Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															76.37	66.64	64.80	93.93	89.87

Competitive Comparison of Argo Graphics's Days Payable

For the Software - Application subindustry, Argo Graphics'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.

Argo Graphics's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Argo Graphics's Days Payable distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Argo Graphics 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.

Argo Graphics's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (10995.113	+	9514.446)	/	2 )	/	43494.929	*	365
=	10254.7795					/	43494.929	*	365
=	86.06

Argo Graphics's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	12027.054)	/	1 )	/	11683.792	*	365 / 4
=	12027.054					/	11683.792	*	365 / 4
=	93.93

Argo Graphics Days Payable Related Terms

Thank you for viewing the detailed overview of Argo Graphics's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Argo Graphics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Argo Graphics Inc (TSE:7595) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-14 Nihombashi-hakozaki-cho, Tokyo, JPN, 103-0015

Website

http://www.argo-graph.co.jp

Argo Graphics Inc provides technical solutions such as HPC solutions and IT solutions including PLM solutions.

Argo Graphics Headlines

No Headlines