JFE Systems (JFE Systems) Days Payable : 21.05 (As of Dec. 2023)

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What is JFE Systems Days Payable?

JFE Systems's average Accounts Payable for the three months ended in Dec. 2023 was $19.2 Mil. JFE Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $83.2 Mil. Hence, JFE Systems's Days Payable for the three months ended in Dec. 2023 was 21.05.

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

JFEYF' s Days Payable Range Over the Past 10 Years
Min: 19.95 Med: 21.47 Max: 26.69
Current: 22.23

During the past 13 years, JFE Systems's highest Days Payable was 26.69. The lowest was 19.95. And the median was 21.47.

JFEYF's Days Payable is ranked worse than
76.35% of 2524 companies
in the Software industry
Industry Median: 49.575 vs JFEYF: 22.23

JFE Systems's Days Payable increased from Dec. 2022 (18.33) to Dec. 2023 (21.05). It may suggest that JFE Systems delayed paying its suppliers.

JFE Systems Days Payable Historical Data

The historical data trend for JFE Systems'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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JFE Systems Days Payable Chart

JFE Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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19.64

20.57

21.42

22.30

22.01

JFE Systems 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															18.24	24.58	23.29	21.05	22.98

Competitive Comparison of JFE Systems's Days Payable

For the Information Technology Services subindustry, JFE Systems'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.

JFE Systems's Days Payable Distribution in the Software Industry

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

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

JFE Systems 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.

JFE Systems's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (20.274	+	17.76)	/	2 )	/	315.411	*	365
=	19.017					/	315.411	*	365
=	22.01

JFE Systems'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
=	( (16.282	+	22.084)	/	2 )	/	83.167	*	365 / 4
=	19.183					/	83.167	*	365 / 4
=	21.05

JFE Systems Days Payable Related Terms

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JFE Systems (JFE Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » JFE Systems Inc (OTCPK:JFEYF) » Definitions » Days Payable

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Traded in Other Exchanges

4832:Japan

Address

1-3-2 Shibaura Minato-ku, Sea Bank S Building, Tokyo, JPN, 105-0023

Website

http://www.jfe-systems.com

JFE Systems Inc is a Japan-based computer integrated systems design company. It is mainly engaged in the planning, design, development, and maintenance of computer systems. It offers industry solutions. business solutions, and infrastructure solutions. The company builds solutions for financial sectors, the food industry, and the manufacturing sector. It is also engaged in the application development and maintenance services.

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