MicroAd (TSE:9553) Days Payable : 52.48 (As of Mar. 2024)

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What is MicroAd Days Payable?

MicroAd's average Accounts Payable for the three months ended in Mar. 2024 was 円1,460 Mil. MicroAd's Cost of Goods Sold for the three months ended in Mar. 2024 was 円2,539 Mil. Hence, MicroAd's Days Payable for the three months ended in Mar. 2024 was 52.48.

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

TSE:9553' s Days Payable Range Over the Past 10 Years
Min: 48.21 Med: 50.65 Max: 57.36
Current: 57.36

During the past 4 years, MicroAd's highest Days Payable was 57.36. The lowest was 48.21. And the median was 50.65.

TSE:9553's Days Payable is ranked better than
53.43% of 2536 companies
in the Software industry
Industry Median: 50.1 vs TSE:9553: 57.36

MicroAd's Days Payable declined from Mar. 2023 (52.72) to Mar. 2024 (52.48). It may suggest that MicroAd accelerated paying its suppliers.

MicroAd Days Payable Historical Data

The historical data trend for MicroAd'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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MicroAd Days Payable Chart

MicroAd Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Days Payable

50.01

48.21

54.31

51.29

MicroAd Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial						52.72	66.57	53.48	49.14	52.48

Competitive Comparison of MicroAd's Days Payable

For the Software - Application subindustry, MicroAd'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.

MicroAd's Days Payable Distribution in the Software Industry

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

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

MicroAd 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.

MicroAd'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
=	( (1304.77	+	1151.01)	/	2 )	/	8739.004	*	365
=	1227.89					/	8739.004	*	365
=	51.29

MicroAd'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
=	( (1408.591	+	1511.752)	/	2 )	/	2539.067	*	365 / 4
=	1460.1715					/	2539.067	*	365 / 4
=	52.48

MicroAd Days Payable Related Terms

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

MicroAd (TSE:9553) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MicroAd Inc (TSE:9553) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

20-1 Sakuragaoka-cho, Shibuya-ku, Shibuya Infos Tower 13th FLoor, Tokyo, JPN, 150-0031

Website

https://www.microad.co.jp

MicroAd Inc is centered on the data platform "UNIVERSE" that aggregates a huge amount of online and offline consumer behavior data of consumers. , It is developing various marketing products specialized in the industry. In addition, the company is engaged in the digital signage business, which networks outdoor vision and digital signage in various facilities, and overseas marketing consulting business, mainly in Asia.

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