GURUFOCUS.COM » STOCK LIST » Technology » Software » Appier Group Inc (TSE:4180) » Definitions » Days Payable

Appier Group (TSE:4180) Days Payable : 62.45 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Appier Group Days Payable?

Appier Group's average Accounts Payable for the three months ended in Mar. 2024 was 円2,438 Mil. Appier Group's Cost of Goods Sold for the three months ended in Mar. 2024 was 円3,562 Mil. Hence, Appier Group's Days Payable for the three months ended in Mar. 2024 was 62.45.

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

TSE:4180' s Days Payable Range Over the Past 10 Years
Min: 61.01   Med: 67.63   Max: 70.77
Current: 61.01

During the past 7 years, Appier Group's highest Days Payable was 70.77. The lowest was 61.01. And the median was 67.63.

TSE:4180's Days Payable is ranked better than
55.39% of 2531 companies
in the Software industry
Industry Median: 50.36 vs TSE:4180: 61.01

Appier Group's Days Payable increased from Mar. 2023 (62.13) to Mar. 2024 (62.45). It may suggest that Appier Group delayed paying its suppliers.


Appier Group Days Payable Historical Data

The historical data trend for Appier 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.

* Premium members only.

Appier Group Days Payable Chart

Appier Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 68.18 67.07 70.77 64.10 61.30

Appier Group Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 62.13 62.37 60.72 60.39 62.45

Competitive Comparison of Appier Group's Days Payable

For the Software - Infrastructure subindustry, Appier 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.


Appier Group's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Appier Group's Days Payable falls into.



Appier 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.

Appier 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
=( (1833.823 + 2435.803) / 2 ) / 12710.337*365
=2134.813 / 12710.337*365
=61.30

Appier Group's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2435.803 + 2440) / 2 ) / 3562*365 / 4
=2437.9015 / 3562*365 / 4
=62.45

* 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.


Appier Group Days Payable Related Terms

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


Appier Group (TSE:4180) Business Description

Traded in Other Exchanges
Address
2-5-1 Atago, Minato-ku, Tokyo, JPN, 105-6240
Appier Group Inc is a technology company which enables businesses with artificial intelligence to grow and succeed based on data-driven decisions.

Appier Group (TSE:4180) Headlines

No Headlines