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Neuromagic Co (TSE:251A) Days Payable : 53.87 (As of Feb. 2024)


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What is Neuromagic Co Days Payable?

Neuromagic Co's average Accounts Payable for the six months ended in Feb. 2024 was 円156 Mil. Neuromagic Co's Cost of Goods Sold for the six months ended in Feb. 2024 was 円1,057 Mil. Hence, Neuromagic Co's Days Payable for the six months ended in Feb. 2024 was 26.93.

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

TSE:251A' s Days Payable Range Over the Past 10 Years
Min: 44.43   Med: 49.15   Max: 53.87
Current: 53.87

During the past 2 years, Neuromagic Co's highest Days Payable was 53.87. The lowest was 44.43. And the median was 49.15.

TSE:251A's Days Payable is not ranked
in the Software industry.
Industry Median: 48.75 vs TSE:251A: 53.87

Neuromagic Co's Days Payable increased from . 20 (0.00) to Feb. 2024 (53.87). It may suggest that Neuromagic Co delayed paying its suppliers.


Neuromagic Co Days Payable Historical Data

The historical data trend for Neuromagic 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.

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Neuromagic Co Days Payable Chart

Neuromagic Co Annual Data
Trend Feb23 Feb24
Days Payable
44.43 53.87

Neuromagic Co Semi-Annual Data
Feb23 Feb24
Days Payable 44.43 53.87

Competitive Comparison of Neuromagic Co's Days Payable

For the Software - Infrastructure subindustry, Neuromagic 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.


Neuromagic Co's Days Payable Distribution in the Software Industry

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

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



Neuromagic 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.

Neuromagic Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

Days Payable (A: Feb. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2023 ) + Accounts Payable (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (152.51 + 159.572) / 2 ) / 1057.362*365
=156.041 / 1057.362*365
=53.87

Neuromagic Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (152.51 + 159.572) / 2 ) / 1057.362*365 / 2
=156.041 / 1057.362*365 / 2
=26.93

* 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.


Neuromagic Co Days Payable Related Terms

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Neuromagic Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6-16-1 Tsukiji, Tsukiji 616 Building 3rd Floor, Chuo-ku, Tokyo, JPN, 104-0045
Neuromagic Co Ltd is an experience design company with the slogan Experience Agency. It pursues the best experience by considering everything from business requirements and business processes including backstage to social and cultural background and environment. The company is specialized in web production, digital contents development, graphic design, service design, consulting, web design, UX, design research, and SX.

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