Thecoo (TSE:4255) Days Payable : 87.42 (As of Dec. 2023)

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What is Thecoo Days Payable?

Thecoo's average Accounts Payable for the three months ended in Dec. 2023 was 円622 Mil. Thecoo's Cost of Goods Sold for the three months ended in Dec. 2023 was 円650 Mil. Hence, Thecoo's Days Payable for the three months ended in Dec. 2023 was 87.42.

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

TSE:4255' s Days Payable Range Over the Past 10 Years
Min: 50.03 Med: 63.47 Max: 101.09
Current: 89.39

During the past 5 years, Thecoo's highest Days Payable was 101.09. The lowest was 50.03. And the median was 63.47.

TSE:4255's Days Payable is ranked better than
66.15% of 2529 companies
in the Software industry
Industry Median: 50.36 vs TSE:4255: 89.39

Thecoo's Days Payable increased from Dec. 2022 (64.34) to Dec. 2023 (87.42). It may suggest that Thecoo delayed paying its suppliers.

Thecoo Days Payable Historical Data

The historical data trend for Thecoo'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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Thecoo Days Payable Chart

Thecoo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

63.47

50.03

57.21

71.36

101.09

Thecoo Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							64.34	84.02	85.57	88.94	87.42

Competitive Comparison of Thecoo's Days Payable

For the Software - Application subindustry, Thecoo'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.

Thecoo's Days Payable Distribution in the Software Industry

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

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

Thecoo 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.

Thecoo'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
=	( (572.885	+	700.536)	/	2 )	/	2298.883	*	365
=	636.7105					/	2298.883	*	365
=	101.09

Thecoo'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
=	( (543.989	+	700.536)	/	2 )	/	649.514	*	365 / 4
=	622.2625					/	649.514	*	365 / 4
=	87.42

Thecoo Days Payable Related Terms

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

Thecoo (TSE:4255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Thecoo Inc (TSE:4255) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 chome-25-15 Jingumae, Jingumae-Terrace F5, Shibuya-ku, Tokyo, JPN

Website

https://www.thecoo.co.jp

Thecoo Inc is engaged in the management and 0peration of fan community platform, influencer marketing and consultation of online advertising.

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