MRT (TSE:6034) Days Payable : 93.56 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is MRT Days Payable?

MRT's average Accounts Payable for the three months ended in Mar. 2024 was 円370 Mil. MRT's Cost of Goods Sold for the three months ended in Mar. 2024 was 円361 Mil. Hence, MRT's Days Payable for the three months ended in Mar. 2024 was 93.56.

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

TSE:6034' s Days Payable Range Over the Past 10 Years
Min: 63.62 Med: 141.8 Max: 212.33
Current: 115.9

During the past 9 years, MRT's highest Days Payable was 212.33. The lowest was 63.62. And the median was 141.80.

TSE:6034's Days Payable is ranked better than
70.8% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs TSE:6034: 115.90

MRT's Days Payable increased from Mar. 2023 (92.51) to Mar. 2024 (93.56). It may suggest that MRT delayed paying its suppliers.

MRT Days Payable Historical Data

The historical data trend for MRT'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.

MRT Days Payable Chart

MRT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

185.79

135.37

100.49

107.31

63.62

MRT 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															92.51	124.60	103.87	106.48	93.56

Competitive Comparison of MRT's Days Payable

For the Medical Care Facilities subindustry, MRT'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.

MRT's Days Payable Distribution in the Healthcare Providers & Services Industry

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

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

MRT 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.

MRT's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (324.771	+	770.63)	/	2 )	/	3142.041	*	365
=	547.7005					/	3142.041	*	365
=	63.62

MRT'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
=	( (361.123	+	379.292)	/	2 )	/	361.078	*	365 / 4
=	370.2075					/	361.078	*	365 / 4
=	93.56

MRT Days Payable Related Terms

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

MRT (TSE:6034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MRT Inc (TSE:6034) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-18-2 Kanan, 3rd Floor, Frame Kananzaka, Shibuya-ku, Tokyo, JPN, 150-0041

Website

https://medrt.co.jp

MRT Inc engages in the business of medical personnel placement services through Internet. It provides part-time and full-time physician referral services through physician referral site MedRT.com; as well as part-time job referral; job change introduction services to nurses, pharmacists, clinical laboratory technicians, clinical engineers and radiologists. Further, the company engages in the research and development of analytical and analytical methods for various biological samples, such as microorganisms, blood, proteins, and genes; and research and development, manufacture, and sale of medical and medical examination equipment, and analytical instruments.

MRT (TSE:6034) Headlines

No Headlines