Meitec Group Holdings (TSE:9744) Days Payable : 0.00 (As of Dec. 2023)

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What is Meitec Group Holdings Days Payable?

Meitec Group Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円0 Mil. Meitec Group Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円23,205 Mil. Hence, Meitec Group Holdings's Days Payable for the three months ended in Dec. 2023 was 0.00.

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

During the past 13 years, Meitec Group Holdings's highest Days Payable was 1.30. The lowest was 0.67. And the median was 0.91.

TSE:9744's Days Payable is not ranked ^*
in the Business Services industry.
Industry Median: 47.265
* Ranked among companies with meaningful Days Payable only.

Meitec Group Holdings's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

Meitec Group Holdings Days Payable Historical Data

The historical data trend for Meitec Group Holdings'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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Meitec Group Holdings Days Payable Chart

Meitec Group Holdings Annual Data

Trend

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Days Payable

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Meitec Group Holdings 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															-	-	-	-	-

Competitive Comparison of Meitec Group Holdings's Days Payable

For the Staffing & Employment Services subindustry, Meitec Group Holdings'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.

Meitec Group Holdings's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Meitec Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Meitec Group Holdings's Days Payable falls into.

Meitec Group Holdings 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.

Meitec Group Holdings'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
=	( (0	+	0)	/	1 )	/	86361	*	365
=	0					/	86361	*	365
=	0.00

Meitec Group Holdings'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
=	( (0	+	0)	/	1 )	/	23205	*	365 / 4
=	0					/	23205	*	365 / 4
=	0.00

Meitec Group Holdings Days Payable Related Terms

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Meitec Group Holdings (TSE:9744) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Meitec Group Holdings Inc (TSE:9744) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

1-1-10 Ueno, Taito-ku, Tokyo, JPN, 110-0005

Website

https://www.meitec.co.jp

Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan.

Meitec Group Holdings (TSE:9744) Headlines

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