Pacific Net Co (TSE:3021) Days Payable : 14.66 (As of Feb. 2024)

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What is Pacific Net Co Days Payable?

Pacific Net Co's average Accounts Payable for the three months ended in Feb. 2024 was 円160 Mil. Pacific Net Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円994 Mil. Hence, Pacific Net Co's Days Payable for the three months ended in Feb. 2024 was 14.66.

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

TSE:3021' s Days Payable Range Over the Past 10 Years
Min: 13.41 Med: 18.98 Max: 49.37
Current: 14.58

During the past 13 years, Pacific Net Co's highest Days Payable was 49.37. The lowest was 13.41. And the median was 18.98.

TSE:3021's Days Payable is ranked worse than
97.48% of 2422 companies
in the Hardware industry
Industry Median: 68.065 vs TSE:3021: 14.58

Pacific Net Co's Days Payable declined from Feb. 2023 (16.60) to Feb. 2024 (14.66). It may suggest that Pacific Net Co accelerated paying its suppliers.

Pacific Net Co Days Payable Historical Data

The historical data trend for Pacific Net 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.

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Pacific Net Co Days Payable Chart

Pacific Net Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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16.17

13.41

17.51

20.44

15.96

Pacific Net Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															16.60	15.01	13.54	12.68	14.66

Competitive Comparison of Pacific Net Co's Days Payable

For the Computer Hardware subindustry, Pacific Net 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.

Pacific Net Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pacific Net Co's Days Payable distribution charts can be found below:

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

Pacific Net 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.

Pacific Net Co's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (198.207	+	129.16)	/	2 )	/	3744.03	*	365
=	163.6835					/	3744.03	*	365
=	15.96

Pacific Net Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (135.874	+	183.504)	/	2 )	/	994.049	*	365 / 4
=	159.689					/	994.049	*	365 / 4
=	14.66

Pacific Net Co Days Payable Related Terms

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Pacific Net Co (TSE:3021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pacific Net Co Ltd (TSE:3021) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-20-14 Mita Suzuki Building 6th Floor, Shiba, Minato-ku, Tokyo, JPN, 108-0014

Website

http://www.prins.co.jp

Pacific Net Co Ltd is engaged in reusing and recycling personal computers (PC) and other information equipment in Japan. It also provides personal computer rental and data erasing services.

Pacific Net Co (TSE:3021) Headlines

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