Neo Marketing (TSE:4196) Days Payable : 19.88 (As of Mar. 2024)

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What is Neo Marketing Days Payable?

Neo Marketing's average Accounts Payable for the three months ended in Mar. 2024 was 円76 Mil. Neo Marketing's Cost of Goods Sold for the three months ended in Mar. 2024 was 円350 Mil. Hence, Neo Marketing's Days Payable for the three months ended in Mar. 2024 was 19.88.

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

TSE:4196' s Days Payable Range Over the Past 10 Years
Min: 17.6 Med: 23.16 Max: 31.6
Current: 24.71

During the past 5 years, Neo Marketing's highest Days Payable was 31.60. The lowest was 17.60. And the median was 23.16.

TSE:4196's Days Payable is ranked worse than
83.51% of 922 companies
in the Media - Diversified industry
Industry Median: 79.49 vs TSE:4196: 24.71

Neo Marketing's Days Payable declined from Mar. 2023 (25.68) to Mar. 2024 (19.88). It may suggest that Neo Marketing accelerated paying its suppliers.

Neo Marketing Days Payable Historical Data

The historical data trend for Neo Marketing'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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Neo Marketing Days Payable Chart

Neo Marketing Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

31.60

23.16

17.60

20.19

23.62

Neo Marketing Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											25.68	30.28	20.95	22.76	19.88

Competitive Comparison of Neo Marketing's Days Payable

For the Advertising Agencies subindustry, Neo Marketing'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.

Neo Marketing's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Neo Marketing's Days Payable distribution charts can be found below:

* The bar in red indicates where Neo Marketing's Days Payable falls into.

Neo Marketing 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.

Neo Marketing's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (81.495	+	74.257)	/	2 )	/	1203.196	*	365
=	77.876					/	1203.196	*	365
=	23.62

Neo Marketing'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
=	( (65.536	+	87.087)	/	2 )	/	350.318	*	365 / 4
=	76.3115					/	350.318	*	365 / 4
=	19.88

Neo Marketing Days Payable Related Terms

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Neo Marketing (TSE:4196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Neo Marketing Inc (TSE:4196) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-25 Nanpeidaicho, Yomeishu Building, Shibuya-ku, Tokyo, JPN, 150-0036

Website

https://www.neo-m.jp

Neo Marketing Inc is involved in the marketing consulting business.

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