Bit-isle (TSE:3811) Days Payable : 29.75 (As of Jul. 2015)

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What is Bit-isle Days Payable?

Bit-isle's average Accounts Payable for the three months ended in Jul. 2015 was 円1,108 Mil. Bit-isle's Cost of Goods Sold for the three months ended in Jul. 2015 was 円3,398 Mil. Hence, Bit-isle's Days Payable for the three months ended in Jul. 2015 was 29.75.

The historical rank and industry rank for Bit-isle's Days Payable or its related term are showing as below:

TSE:3811' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 30.15
Current: 30.15

During the past 8 years, Bit-isle's highest Days Payable was 30.15. The lowest was 0.00. And the median was 0.00.

TSE:3811's Days Payable is not ranked
in the Hardware industry.
Industry Median: 68.07 vs TSE:3811: 30.15

Bit-isle's Days Payable increased from Jul. 2014 (29.61) to Jul. 2015 (29.75). It may suggest that Bit-isle delayed paying its suppliers.

Bit-isle Days Payable Historical Data

The historical data trend for Bit-isle'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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Bit-isle Days Payable Chart

Bit-isle Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Days Payable

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31.38

35.20

36.30

34.48

30.89

Bit-isle Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Days Payable	Get a 7-Day Free Trial															29.61	39.44	39.67	33.55	29.75

Competitive Comparison of Bit-isle's Days Payable

For the Communication Equipment subindustry, Bit-isle'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.

Bit-isle's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bit-isle's Days Payable distribution charts can be found below:

* The bar in red indicates where Bit-isle's Days Payable falls into.

Bit-isle 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.

Bit-isle's Days Payable for the fiscal year that ended in Jul. 2015 is calculated as

	Days Payable (A: Jul. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2014 )	+	Accounts Payable (A: Jul. 2015 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2015 )	*	Days in Period
=	( (1195	+	1139)	/	2 )	/	13788	*	365
=	1167					/	13788	*	365
=	30.89

Bit-isle's Days Payable for the quarter that ended in Jul. 2015 is calculated as:

	Days Payable (Q: Jul. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2015 )	+	Accounts Payable (Q: Jul. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2015 )	*	Days in Period
=	( (1077	+	1139)	/	2 )	/	3398	*	365 / 4
=	1108					/	3398	*	365 / 4
=	29.75

Bit-isle Days Payable Related Terms

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Bit-isle (TSE:3811) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bit-isle Inc (TSE:3811) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bit-isle.co.jp

Bit-isle Inc is engaged in the data center business, eveloping a comprehensive business IT outsourcing services to the axis 3 iDC services, managed services and solutions services.

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