Medical Net (TSE:3645) Days Payable : 40.05 (As of Feb. 2024)

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What is Medical Net Days Payable?

Medical Net's average Accounts Payable for the three months ended in Feb. 2024 was 円387 Mil. Medical Net's Cost of Goods Sold for the three months ended in Feb. 2024 was 円882 Mil. Hence, Medical Net's Days Payable for the three months ended in Feb. 2024 was 40.05.

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

TSE:3645' s Days Payable Range Over the Past 10 Years
Min: 8.72 Med: 17.05 Max: 39.1
Current: 38.72

During the past 13 years, Medical Net's highest Days Payable was 39.10. The lowest was 8.72. And the median was 17.05.

TSE:3645's Days Payable is ranked worse than
62.76% of 435 companies
in the Interactive Media industry
Industry Median: 61.44 vs TSE:3645: 38.72

Medical Net's Days Payable increased from Feb. 2023 (39.31) to Feb. 2024 (40.05). It may suggest that Medical Net delayed paying its suppliers.

Medical Net Days Payable Historical Data

The historical data trend for Medical Net'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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Medical Net Days Payable Chart

Medical Net Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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21.03

21.39

22.82

29.61

39.10

Medical Net 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															39.31	32.71	40.15	40.55	40.05

Competitive Comparison of Medical Net's Days Payable

For the Internet Content & Information subindustry, Medical Net'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.

Medical Net's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Medical Net's Days Payable distribution charts can be found below:

* The bar in red indicates where Medical Net's Days Payable falls into.

Medical Net 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.

Medical Net's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (259.81	+	322.933)	/	2 )	/	2719.712	*	365
=	291.3715					/	2719.712	*	365
=	39.10

Medical Net'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
=	( (348.268	+	425.865)	/	2 )	/	881.825	*	365 / 4
=	387.0665					/	881.825	*	365 / 4
=	40.05

Medical Net Days Payable Related Terms

Thank you for viewing the detailed overview of Medical Net's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Medical Net (TSE:3645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Medical Net Inc (TSE:3645) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3, Hatagaya 1-Chome Shibuya-ku, Tokyo, JPN, 1510072

Website

http://www.japan-medic.com

Medical Net Inc provides medical and life-related information services utilizing the Internet. The company operates dental implant treatment, orthodontic and aesthetic dental treatment, dental comprehensive information, and dental professional job sites; and offers dental clinic management support services, as well as dental related enterprise marketing support services.

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