Techno Alpha Co (TSE:3089) Days Payable : 35.43 (As of Feb. 2024)

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What is Techno Alpha Co Days Payable?

Techno Alpha Co's average Accounts Payable for the three months ended in Feb. 2024 was 円272 Mil. Techno Alpha Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円700 Mil. Hence, Techno Alpha Co's Days Payable for the three months ended in Feb. 2024 was 35.43.

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

TSE:3089' s Days Payable Range Over the Past 10 Years
Min: 27.68 Med: 37.25 Max: 46.58
Current: 38.75

During the past 13 years, Techno Alpha Co's highest Days Payable was 46.58. The lowest was 27.68. And the median was 37.25.

TSE:3089's Days Payable is ranked worse than
65.15% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs TSE:3089: 38.75

Techno Alpha Co's Days Payable declined from Feb. 2023 (54.69) to Feb. 2024 (35.43). It may suggest that Techno Alpha Co accelerated paying its suppliers.

Techno Alpha Co Days Payable Historical Data

The historical data trend for Techno Alpha 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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Techno Alpha Co Days Payable Chart

Techno Alpha Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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32.46

46.58

38.24

42.13

44.24

Techno Alpha Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															54.69	40.18	42.49	40.61	35.43

Competitive Comparison of Techno Alpha Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Techno Alpha 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.

Techno Alpha Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Techno Alpha Co's Days Payable distribution charts can be found below:

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

Techno Alpha 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.

Techno Alpha Co's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (440.229	+	350.113)	/	2 )	/	3260.382	*	365
=	395.171					/	3260.382	*	365
=	44.24

Techno Alpha 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: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (350.113	+	193.51)	/	2 )	/	700.147	*	365 / 4
=	271.8115					/	700.147	*	365 / 4
=	35.43

Techno Alpha Co Days Payable Related Terms

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Techno Alpha Co (TSE:3089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Techno Alpha Co Ltd (TSE:3089) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meiji Yasuda Life Gotanda Building 2F, Nishi-Gotanda 2-27-4, Shinagawa-ku, Tokyo, JPN, 141-0031

Website

https://www.technoalpha.co.jp

Techno Alpha Co Ltd Is engaged in the import and sale of semiconductor manufacturing equipment, electronic materials, environmental equipment, marine equipment dealers, and other manufacturing and technical services of in house developed products.

Techno Alpha Co (TSE:3089) Headlines

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