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Alpha Group (TSE:3322) Days Payable : 40.96 (As of Dec. 2023)


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What is Alpha Group Days Payable?

Alpha Group's average Accounts Payable for the three months ended in Dec. 2023 was 円1,147 Mil. Alpha Group's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,555 Mil. Hence, Alpha Group's Days Payable for the three months ended in Dec. 2023 was 40.96.

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

TSE:3322' s Days Payable Range Over the Past 10 Years
Min: 22.59   Med: 27.01   Max: 49.51
Current: 45.56

During the past 13 years, Alpha Group's highest Days Payable was 49.51. The lowest was 22.59. And the median was 27.01.

TSE:3322's Days Payable is ranked worse than
72.28% of 2421 companies
in the Hardware industry
Industry Median: 67.87 vs TSE:3322: 45.56

Alpha Group's Days Payable declined from Dec. 2022 (42.51) to Dec. 2023 (40.96). It may suggest that Alpha Group accelerated paying its suppliers.


Alpha Group Days Payable Historical Data

The historical data trend for Alpha Group'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.

Alpha Group Days Payable Chart

Alpha Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.48 26.50 33.08 48.75 49.51

Alpha Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 42.51 41.94 56.08 48.02 40.96

Competitive Comparison of Alpha Group's Days Payable

For the Communication Equipment subindustry, Alpha Group'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.


Alpha Group's Days Payable Distribution in the Hardware Industry

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

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



Alpha Group 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.

Alpha Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1206.327 + 1295.933) / 2 ) / 9223.414*365
=1251.13 / 9223.414*365
=49.51

Alpha Group'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
=( (1158.418 + 1135.871) / 2 ) / 2555.279*365 / 4
=1147.1445 / 2555.279*365 / 4
=40.96

* 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.


Alpha Group Days Payable Related Terms

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Alpha Group (TSE:3322) Business Description

Traded in Other Exchanges
N/A
Address
14 Floor Higashi 1 - Chome Shibuya - ku, Tokyo Building Higashi Shibuya Building, Tokyo, JPN
Alpha Group Inc is engaged in the sale of mobile phones and support services in Japan. It offers mobile communication terminal and brokers subscription of communication services, agency services of mail-order trading of office supplies for end-users. The company also provides Environmental Goods such as water delivery and sale of water dispenser; develops, operates, and manages power generation facilities.

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