FTGroup Co (TSE:2763) Days Payable : 51.60 (As of Sep. 2024)

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What is FTGroup Co Days Payable?

FTGroup Co's average Accounts Payable for the three months ended in Sep. 2024 was 円3,206 Mil. FTGroup Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円5,669 Mil. Hence, FTGroup Co's Days Payable for the three months ended in Sep. 2024 was 51.60.

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

TSE:2763' s Days Payable Range Over the Past 10 Years
Min: 15.97 Med: 56.64 Max: 75.23
Current: 66.76

During the past 13 years, FTGroup Co's highest Days Payable was 75.23. The lowest was 15.97. And the median was 56.64.

TSE:2763's Days Payable is ranked worse than
52.1% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs TSE:2763: 66.76

FTGroup Co's Days Payable declined from Jun. 2023 (56.02) to Sep. 2024 (51.60). It may suggest that FTGroup Co accelerated paying its suppliers.

FTGroup Co Days Payable Historical Data

The historical data trend for FTGroup 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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FTGroup Co Days Payable Chart

FTGroup Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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67.00

74.87

60.42

52.86

52.06

FTGroup Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															56.02	45.03	48.17	48.84	51.60

Competitive Comparison of FTGroup Co's Days Payable

For the Communication Equipment subindustry, FTGroup 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.

FTGroup Co's Days Payable Distribution in the Hardware Industry

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

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

FTGroup 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.

FTGroup Co'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
=	( (3315	+	3018)	/	2 )	/	22201	*	365
=	3166.5					/	22201	*	365
=	52.06

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

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3018	+	3394)	/	2 )	/	5669	*	365 / 4
=	3206					/	5669	*	365 / 4
=	51.60

FTGroup Co Days Payable Related Terms

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FTGroup Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FTGroup Co Ltd (TSE:2763) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-13-6 Nihonbashi Kakigara-cho, Jowa-Suitengu Building, Chuo-ku, Tokyo, JPN, 103 0014

Website

https://www.ftgroup.co.jp

FTGroup Co Ltd is a Japanese based company offering communication devices. It offers a range of products and services including business phones, office automation equipment, internet service provider (ISP) services, broadband services, corporate mobiles, DoCoMo shop operations, marking supplies (or printer consumables), light-emitting diode (LED) lights and photovoltaic system. It also provides fiber line service, internet services, and mobile solutions as well as develops and manages franchises.

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