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Caica Digital (TSE:2315) Days Payable : 18.23 (As of Jan. 2024)


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What is Caica Digital Days Payable?

Caica Digital's average Accounts Payable for the three months ended in Jan. 2024 was 円241 Mil. Caica Digital's Cost of Goods Sold for the three months ended in Jan. 2024 was 円1,208 Mil. Hence, Caica Digital's Days Payable for the three months ended in Jan. 2024 was 18.23.

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

TSE:2315' s Days Payable Range Over the Past 10 Years
Min: 12.32   Med: 17.19   Max: 53.48
Current: 18.35

During the past 13 years, Caica Digital's highest Days Payable was 53.48. The lowest was 12.32. And the median was 17.19.

TSE:2315's Days Payable is ranked worse than
81.69% of 2534 companies
in the Software industry
Industry Median: 50.345 vs TSE:2315: 18.35

Caica Digital's Days Payable declined from Jan. 2023 (20.01) to Jan. 2024 (18.23). It may suggest that Caica Digital accelerated paying its suppliers.


Caica Digital Days Payable Historical Data

The historical data trend for Caica Digital'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.

Caica Digital Days Payable Chart

Caica Digital Annual Data
Trend Mar14 Mar15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.13 16.36 17.25 20.40 19.27

Caica Digital Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.01 18.87 18.76 18.27 18.23

Competitive Comparison of Caica Digital's Days Payable

For the Information Technology Services subindustry, Caica Digital'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.


Caica Digital's Days Payable Distribution in the Software Industry

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

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



Caica Digital 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.

Caica Digital's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

Days Payable (A: Oct. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2022 ) + Accounts Payable (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (265.464 + 250.731) / 2 ) / 4888.342*365
=258.0975 / 4888.342*365
=19.27

Caica Digital's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (250.731 + 231.853) / 2 ) / 1207.571*365 / 4
=241.292 / 1207.571*365 / 4
=18.23

* 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.


Caica Digital Days Payable Related Terms

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Caica Digital (TSE:2315) Business Description

Traded in Other Exchanges
N/A
Address
Cross Air Tower, 1-5-1 Ohashi, Meguro-ku, Tokyo, JPN, 153-0044
Caica Digital Inc is a Japanese company engaged in providing information services such as system development, offshore development, infrastructure, and provision of system-related consulting and maintenance support services. CAICA develops systems that include business package software development and distribution for information service providers. It offers industry solutions for banks, insurance, securities, department stores, convenience stores and transportation industry.

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