GCOM Technology Co (BJSE:838924) Days Payable : 169.12 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is GCOM Technology Co Days Payable?

GCOM Technology Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥141.9 Mil. GCOM Technology Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥76.6 Mil. Hence, GCOM Technology Co's Days Payable for the three months ended in Jun. 2024 was 169.12.

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

BJSE:838924' s Days Payable Range Over the Past 10 Years
Min: 63.62 Med: 207.07 Max: 270.66
Current: 161.88

During the past 10 years, GCOM Technology Co's highest Days Payable was 270.66. The lowest was 63.62. And the median was 207.07.

BJSE:838924's Days Payable is ranked better than
80.35% of 2545 companies
in the Software industry
Industry Median: 49.25 vs BJSE:838924: 161.88

GCOM Technology Co's Days Payable declined from Jun. 2023 (187.35) to Jun. 2024 (169.12). It may suggest that GCOM Technology Co accelerated paying its suppliers.

GCOM Technology Co Days Payable Historical Data

The historical data trend for GCOM Technology 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.

* Premium members only.

GCOM Technology Co Days Payable Chart

GCOM Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

247.84

202.38

239.67

249.22

211.75

GCOM Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															187.35	229.37	100.40	267.83	169.12

Competitive Comparison of GCOM Technology Co's Days Payable

For the Information Technology Services subindustry, GCOM Technology 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.

GCOM Technology Co's Days Payable Distribution in the Software Industry

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

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

GCOM Technology 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.

GCOM Technology Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (173.702	+	214.267)	/	2 )	/	334.376	*	365
=	193.9845					/	334.376	*	365
=	211.75

GCOM Technology Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (138.512	+	145.297)	/	2 )	/	76.567	*	365 / 4
=	141.9045					/	76.567	*	365 / 4
=	169.12

GCOM Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of GCOM Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

GCOM Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GCOM Technology Co Ltd (BJSE:838924) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 101, Binkang Road, Xixing Street, Room 605, 606, 608, Building 7, Binjiang District, Zhejiang Province, Hangzhou City, CHN, 310051

Website

http://www.gcomtechnology.com

GCOM Technology Co Ltd is a comprehensive solution provider dedicated to providing information and communication technology. The firm's solutions comprise Information and communication system integration, ICT industry application, asset operation service, and digital content service. It mainly offers information system integration services; 5G communication technology services; rail transit communication signal system development; contract energy management; energy-saving management services; technical services, technology development, technical consulting, technical exchanges, technology transfers, and technology promotion, among others.

GCOM Technology Co Headlines

No Headlines