SECOM Co (SECOM Co) Days Payable : 15.38 (As of Dec. 2023)

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What is SECOM Co Days Payable?

SECOM Co's average Accounts Payable for the three months ended in Dec. 2023 was $230 Mil. SECOM Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,365 Mil. Hence, SECOM Co's Days Payable for the three months ended in Dec. 2023 was 15.38.

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

SOMLY' s Days Payable Range Over the Past 10 Years
Min: 17.46 Med: 24.21 Max: 31.29
Current: 17.46

During the past 13 years, SECOM Co's highest Days Payable was 31.29. The lowest was 17.46. And the median was 24.21.

SOMLY's Days Payable is ranked worse than
81.51% of 925 companies
in the Business Services industry
Industry Median: 47.39 vs SOMLY: 17.46

SECOM Co's Days Payable declined from Dec. 2022 (19.09) to Dec. 2023 (15.38). It may suggest that SECOM Co accelerated paying its suppliers.

SECOM Co Days Payable Historical Data

The historical data trend for SECOM Co'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.

SECOM Co Days Payable Chart

SECOM Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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24.22

23.19

23.47

23.33

23.30

SECOM Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															19.09	18.61	20.73	15.61	15.38

Competitive Comparison of SECOM Co's Days Payable

For the Security & Protection Services subindustry, SECOM Co'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.

SECOM Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SECOM Co's Days Payable distribution charts can be found below:

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

SECOM Co 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.

SECOM Co's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (373.351	+	351.515)	/	2 )	/	5677.29	*	365
=	362.433					/	5677.29	*	365
=	23.30

SECOM Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (215.719	+	244.17)	/	2 )	/	1364.551	*	365 / 4
=	229.9445					/	1364.551	*	365 / 4
=	15.38

SECOM Co Days Payable Related Terms

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SECOM Co (SECOM Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SECOM Co Ltd (OTCPK:SOMLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SOMLF:USA 9735:Japan XSC:Germany

Address

5-1, Jingumae 1-chome, Shibuya-ku, Tokyo, JPN, 150-0001

Website

http://www.secom.co.jp

SECOM Co Ltd is a provider of security services and surveillance systems. The company operates seven business segments: security services, fire protection services, medical services, insurance services, geographic information services, information- and communication-related services, and real estate and other services. The largest segment by revenue, security services, offers electronic security services and systems, including online commercial and home security systems and large-scale surveillance services. Other segments offer fire protection and detection services, as well as medical dispensing services for home care and hospitals. The company generates most of its revenue in Japan.

SECOM Co (SECOM Co) Headlines

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