Acom Co (STU:AK5) Days Payable : 36.54 (As of Dec. 2023)

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What is Acom Co Days Payable?

Acom Co's average Accounts Payable for the three months ended in Dec. 2023 was €4 Mil. Acom Co's Cost of Goods Sold for the three months ended in Dec. 2023 was €11 Mil. Hence, Acom Co's Days Payable for the three months ended in Dec. 2023 was 36.54.

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

STU:AK5' s Days Payable Range Over the Past 10 Years
Min: 3.56 Med: 12.46 Max: 40
Current: 30.27

During the past 13 years, Acom Co's highest Days Payable was 40.00. The lowest was 3.56. And the median was 12.46.

STU:AK5's Days Payable is ranked worse than
60.64% of 282 companies
in the Credit Services industry
Industry Median: 48.745 vs STU:AK5: 30.27

Acom Co's Days Payable increased from Dec. 2022 (28.00) to Dec. 2023 (36.54). It may suggest that Acom Co delayed paying its suppliers.

Acom Co Days Payable Historical Data

The historical data trend for Acom 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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Acom Co Days Payable Chart

Acom Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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13.48

21.23

34.02

40.17

39.21

Acom Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															28.00	27.01	23.09	26.18	36.54

Competitive Comparison of Acom Co's Days Payable

For the Credit Services subindustry, Acom 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.

Acom Co's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Acom Co's Days Payable distribution charts can be found below:

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

Acom 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.

Acom Co's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (6.103	+	2.404)	/	2 )	/	39.599	*	365
=	4.2535					/	39.599	*	365
=	39.21

Acom 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
=	( (3.644	+	5.012)	/	2 )	/	10.808	*	365 / 4
=	4.328					/	10.808	*	365 / 4
=	36.54

Acom Co Days Payable Related Terms

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Acom Co (STU:AK5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Acom Co Ltd (STU:AK5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ACJJF:USA 8572:Japan

Address

1-1, Marunouchi 2-chome, Chiyoda-ku, Meiji Yasuda Seimei Building, Tokyo, JPN, 100-8307

Website

https://www.acom.co.jp

Acom Co Ltd is a Japanese consumer finance company. Its four core business categories are loan and credit, guarantee services, loan servicing, and overseas financials. Its loan and credit business offers credit cards and unsecured loans. The guarantee segment provides credit guarantee services, including loan portfolios and marketing analyses. The firm also offers loan administrative services in its loan servicing segment. Acom's overseas businesses are mostly in the retail finance sector in Thailand and Indonesia. In addition to ATMs, Acom's distribution relies on multifaceted sales channels, including a call center, Internet services, and mobile phones. The company earns its revenue from its loan and credit card business in Japan.

Acom Co (STU:AK5) Headlines

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