TDC Soft (TDC Soft) Days Payable

: 18.50 (As of Dec. 2023)

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TDC Soft's average Accounts Payable for the three months ended in Dec. 2023 was $11.0 Mil. TDC Soft's Cost of Goods Sold for the three months ended in Dec. 2023 was $54.1 Mil. Hence, TDC Soft's Days Payable for the three months ended in Dec. 2023 was 18.50.

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

TDCSF' s Days Payable Range Over the Past 10 Years
Min: 16.05 Med: 17.09 Max: 18.26
Current: 18.26

During the past 13 years, TDC Soft's highest Days Payable was 18.26. The lowest was 16.05. And the median was 17.09.

TDCSF's Days Payable is ranked worse than
81.89% of 2523 companies
in the Software industry
Industry Median: 51.49 vs TDCSF: 18.26

TDC Soft's Days Payable increased from Dec. 2022 (17.85) to Dec. 2023 (18.50). It may suggest that TDC Soft delayed paying its suppliers.

TDC Soft Days Payable Historical Data

The historical data trend for TDC Soft'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.

TDC Soft Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

16.94

16.77

17.51

17.53

19.23

TDC Soft Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																17.85	16.88	20.19	18.33	18.50

Competitive Comparison

For the Software - Infrastructure subindustry, TDC Soft'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.

TDC Soft Days Payable Distribution

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

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

TDC Soft 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.

TDC Soft'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
=	( (10.614	+	11.277)	/	2 )	/	207.708	*	365
=	10.9455					/	207.708	*	365
=	19.23

TDC Soft'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
=	( (10.583	+	11.373)	/	2 )	/	54.145	*	365 / 4
=	10.978					/	54.145	*	365 / 4
=	18.50

TDC Soft Days Payable Related Terms

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TDC Soft (TDC Soft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TDC Soft Inc (OTCPK:TDCSF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4687:Japan

Address

Yoyogi 3-22-7 Shibuya Culture Quint Building, Shibuya-ku, Tokyo, JPN, 151-0051

Website

http://www.tdc.co.jp

TDC Soft Inc is engaged in development, sale, rental, import, and export of computer software. It also provides sales and education training related to information science and information processing systems. The company's products and services include Cloud platform, Amazon web service, HuTaCT, Health management support solution, BP-LINKS, Meeepa, and others.

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