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GMO Internet group (GMO Internet group) Days Payable : 51.98 (As of Dec. 2023)


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What is GMO Internet group Days Payable?

GMO Internet group's average Accounts Payable for the three months ended in Dec. 2023 was $98 Mil. GMO Internet group's Cost of Goods Sold for the three months ended in Dec. 2023 was $172 Mil. Hence, GMO Internet group's Days Payable for the three months ended in Dec. 2023 was 51.98.

The historical rank and industry rank for GMO Internet group's Days Payable or its related term are showing as below:

GMOYF' s Days Payable Range Over the Past 10 Years
Min: 26.12   Med: 36.94   Max: 51.12
Current: 48.37

During the past 13 years, GMO Internet group's highest Days Payable was 51.12. The lowest was 26.12. And the median was 36.94.

GMOYF's Days Payable is ranked worse than
75.14% of 346 companies
in the Telecommunication Services industry
Industry Median: 101.86 vs GMOYF: 48.37

GMO Internet group's Days Payable increased from Dec. 2022 (45.49) to Dec. 2023 (51.98). It may suggest that GMO Internet group delayed paying its suppliers.


GMO Internet group Days Payable Historical Data

The historical data trend for GMO Internet group'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.

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GMO Internet group Days Payable Chart

GMO Internet group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.04 35.49 37.96 54.40 52.80

GMO Internet group 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 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 45.49 48.01 46.59 46.03 51.98

Competitive Comparison of GMO Internet group's Days Payable

For the Telecom Services subindustry, GMO Internet group'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.


GMO Internet group's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, GMO Internet group's Days Payable distribution charts can be found below:

* The bar in red indicates where GMO Internet group's Days Payable falls into.



GMO Internet group 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.

GMO Internet group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (106.956 + 105.041) / 2 ) / 732.824*365
=105.9985 / 732.824*365
=52.80

GMO Internet group'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
=( (91.285 + 105.041) / 2 ) / 172.314*365 / 4
=98.163 / 172.314*365 / 4
=51.98

* 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.


GMO Internet group Days Payable Related Terms

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GMO Internet group (GMO Internet group) Business Description

Traded in Other Exchanges
Address
Cerulean Tower 4th-14th floors, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JPN
GMO Internet group Inc operates through four main segments, Internet infrastructure, Online advertising and media, Internet securities, and Cryptocurrency. Internet infrastructure, the largest segment, provides basic Internet services, such as domain hosting and e-commerce payments. Online advertising and media segment provides marketing services for online businesses. The Internet securities division provides consumer financial services, and the Cryptocurrency segment operates business pertaining to mining and exchange of cryptocurrency. The company generates the vast majority of revenue in Japan.