Medical System Network Co (TSE:4350) Days Payable : 58.19 (As of Dec. 2023)

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What is Medical System Network Co Days Payable?

Medical System Network Co's average Accounts Payable for the three months ended in Dec. 2023 was 円11,023 Mil. Medical System Network Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円17,285 Mil. Hence, Medical System Network Co's Days Payable for the three months ended in Dec. 2023 was 58.19.

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

TSE:4350' s Days Payable Range Over the Past 10 Years
Min: 55.52 Med: 57.81 Max: 63.57
Current: 59.15

During the past 13 years, Medical System Network Co's highest Days Payable was 63.57. The lowest was 55.52. And the median was 57.81.

TSE:4350's Days Payable is ranked worse than
52.12% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs TSE:4350: 59.15

Medical System Network Co's Days Payable declined from Dec. 2022 (60.95) to Dec. 2023 (58.19). It may suggest that Medical System Network Co accelerated paying its suppliers.

Medical System Network Co Days Payable Historical Data

The historical data trend for Medical System Network 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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Medical System Network Co Days Payable Chart

Medical System Network Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

56.75

56.89

55.52

56.26

56.49

Medical System Network Co Quarterly Data
	Jun19	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															63.26	60.91	59.41	58.19	60.80

Competitive Comparison of Medical System Network Co's Days Payable

For the Pharmaceutical Retailers subindustry, Medical System Network 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.

Medical System Network Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical System Network Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Medical System Network Co's Days Payable falls into.

Medical System Network 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.

Medical System Network Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (9937	+	10935)	/	2 )	/	67436	*	365
=	10436					/	67436	*	365
=	56.49

Medical System Network Co'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
=	( (10135	+	11911)	/	2 )	/	17285	*	365 / 4
=	11023					/	17285	*	365 / 4
=	58.19

Medical System Network Co Days Payable Related Terms

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Medical System Network Co (TSE:4350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medical System Network Co Ltd (TSE:4350) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

AKK floor Building 6 at 3-chome, Kita 24-jo Nishi 10, Chuo-ku, Sapporo, JPN, 060-0010

Website

http://www.msnw.co.jp

Medical System Network Co Ltd is involved in its network business of dispensing pharmacy business. It also operates a network database used by pharmacies to access patients' prescriptions. It operates through the following business divisions: Pharmaceutical Product Network; Dispensing Pharmacy; Leasing and Equipment-related Business; Food Supply business and others.

Medical System Network Co (TSE:4350) Headlines

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