Appirits (TSE:4174) Days Payable : 15.76 (As of Oct. 2023)

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What is Appirits Days Payable?

Appirits's average Accounts Payable for the three months ended in Oct. 2023 was 円283 Mil. Appirits's Cost of Goods Sold for the three months ended in Oct. 2023 was 円1,638 Mil. Hence, Appirits's Days Payable for the three months ended in Oct. 2023 was 15.76.

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

TSE:4174' s Days Payable Range Over the Past 10 Years
Min: 2.48 Med: 2.81 Max: 16.5
Current: 16.5

During the past 4 years, Appirits's highest Days Payable was 16.50. The lowest was 2.48. And the median was 2.81.

TSE:4174's Days Payable is ranked worse than
84.19% of 2523 companies
in the Software industry
Industry Median: 51.48 vs TSE:4174: 16.50

Appirits's Days Payable increased from Oct. 2022 (15.57) to Oct. 2023 (15.76). It may suggest that Appirits delayed paying its suppliers.

Appirits Days Payable Historical Data

The historical data trend for Appirits'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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Appirits Days Payable Chart

Appirits Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Days Payable

2.88

2.48

2.74

5.61

Appirits Quarterly Data
	Jan19	Jan20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Payable	Get a 7-Day Free Trial										15.57	17.56	17.34	15.16	15.76

Competitive Comparison of Appirits's Days Payable

For the Software - Application subindustry, Appirits'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.

Appirits's Days Payable Distribution in the Software Industry

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

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

Appirits 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.

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

	Days Payable (A: Jan. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2021 )	+	Accounts Payable (A: Jan. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2022 )	*	Days in Period
=	( (22.236	+	88.579)	/	2 )	/	3605.208	*	365
=	55.4075					/	3605.208	*	365
=	5.61

Appirits's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (264.842	+	300.958)	/	2 )	/	1637.945	*	365 / 4
=	282.9					/	1637.945	*	365 / 4
=	15.76

Appirits Days Payable Related Terms

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Appirits (TSE:4174) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Appirits Inc (TSE:4174) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-27-8 Jingumae, Kyocera Harajuku Building 5th Floor, Shibuya-ku, Tokyo, JPN, 150-0001

Website

https://www.appirits.com

Appirits Inc is primarily involved in the business such as entertainment services and web system development.

Appirits (TSE:4174) Headlines

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