GungHo Online Entertainment (FRA:G03) Days Payable : 43.13 (As of Mar. 2024)

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What is GungHo Online Entertainment Days Payable?

GungHo Online Entertainment's average Accounts Payable for the three months ended in Mar. 2024 was €36.1 Mil. GungHo Online Entertainment's Cost of Goods Sold for the three months ended in Mar. 2024 was €76.4 Mil. Hence, GungHo Online Entertainment's Days Payable for the three months ended in Mar. 2024 was 43.13.

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

FRA:G03' s Days Payable Range Over the Past 10 Years
Min: 3.53 Med: 29.46 Max: 46.89
Current: 40.22

During the past 13 years, GungHo Online Entertainment's highest Days Payable was 46.89. The lowest was 3.53. And the median was 29.46.

FRA:G03's Days Payable is ranked worse than
61.66% of 433 companies
in the Interactive Media industry
Industry Median: 61.44 vs FRA:G03: 40.22

GungHo Online Entertainment's Days Payable increased from Mar. 2023 (38.44) to Mar. 2024 (43.13). It may suggest that GungHo Online Entertainment delayed paying its suppliers.

GungHo Online Entertainment Days Payable Historical Data

The historical data trend for GungHo Online Entertainment'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.

GungHo Online Entertainment Days Payable Chart

GungHo Online Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.71

30.37

29.42

41.25

35.93

GungHo Online Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															38.44	36.16	51.85	41.10	43.13

Competitive Comparison of GungHo Online Entertainment's Days Payable

For the Electronic Gaming & Multimedia subindustry, GungHo Online Entertainment'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.

GungHo Online Entertainment's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GungHo Online Entertainment's Days Payable distribution charts can be found below:

* The bar in red indicates where GungHo Online Entertainment's Days Payable falls into.

GungHo Online Entertainment 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.

GungHo Online Entertainment'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
=	( (49.931	+	35.768)	/	2 )	/	435.274	*	365
=	42.8495					/	435.274	*	365
=	35.93

GungHo Online Entertainment's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (35.768	+	36.421)	/	2 )	/	76.361	*	365 / 4
=	36.0945					/	76.361	*	365 / 4
=	43.13

GungHo Online Entertainment Days Payable Related Terms

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GungHo Online Entertainment (FRA:G03) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GungHo Online Entertainment Inc (FRA:G03) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GUNGF:USA 3765:Japan

Address

1-11-1, Pacific Century Place Marunouchi, Marunouchi, Chiyodaku, Tokyo, JPN, 100-6221

Website

http://www.gungho.co.jp

GungHo Online Entertainment, Inc. is a Japanese company that plans, develops, and distributes online video games. These games include smartphone platforms, online computer games, and console games. The company operates through its Personal Computer (PC) online segment, which is involved with distributing, operating, and licensing online games, and Mobile Consumer segment, which is involved with planning, development, and delivery of smartphone, consoles, and portable gaming machines.

GungHo Online Entertainment (FRA:G03) Headlines

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