SMS Co (TSE:2175) Days Payable : 14.02 (As of Dec. 2023)

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What is SMS Co Days Payable?

SMS Co's average Accounts Payable for the three months ended in Dec. 2023 was 円255 Mil. SMS Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,660 Mil. Hence, SMS Co's Days Payable for the three months ended in Dec. 2023 was 14.02.

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

TSE:2175' s Days Payable Range Over the Past 10 Years
Min: 15.99 Med: 30.81 Max: 48.25
Current: 15.99

During the past 13 years, SMS Co's highest Days Payable was 48.25. The lowest was 15.99. And the median was 30.81.

TSE:2175's Days Payable is ranked worse than
86.76% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs TSE:2175: 15.99

SMS Co's Days Payable declined from Dec. 2022 (16.40) to Dec. 2023 (14.02). It may suggest that SMS Co accelerated paying its suppliers.

SMS Co Days Payable Historical Data

The historical data trend for SMS 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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SMS Co Days Payable Chart

SMS Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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33.30

30.06

26.38

23.14

20.69

SMS 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															16.40	16.45	19.47	14.75	14.02

Competitive Comparison of SMS Co's Days Payable

For the Health Information Services subindustry, SMS 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.

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

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

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

SMS 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.

SMS 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
=	( (307	+	324)	/	2 )	/	5567	*	365
=	315.5					/	5567	*	365
=	20.69

SMS 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
=	( (239	+	271)	/	2 )	/	1660	*	365 / 4
=	255					/	1660	*	365 / 4
=	14.02

SMS Co Days Payable Related Terms

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SMS Co (TSE:2175) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » SMS Co Ltd (TSE:2175) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SMSSY:USA

Address

Sumitomo Fudosan Shiba-koen Tower, 2-11-1 Shiba-koen, Minato-ku, Tokyo, JPN, 105-0011

Website

https://www.bm-sms.co.jp

SMS Co Ltd is a Japanese company involved in providing various services targeting information infrastructure for the aging society. The company divides its search service by the following segments: nursing care, medical care, career, healthcare/senior life, and global.

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