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SRA Holdings (TSE:3817) Days Payable : 47.44 (As of Dec. 2023)


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What is SRA Holdings Days Payable?

SRA Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円4,121 Mil. SRA Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円7,926 Mil. Hence, SRA Holdings's Days Payable for the three months ended in Dec. 2023 was 47.44.

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

TSE:3817' s Days Payable Range Over the Past 10 Years
Min: 36.03   Med: 39.86   Max: 48.51
Current: 44.9

During the past 13 years, SRA Holdings's highest Days Payable was 48.51. The lowest was 36.03. And the median was 39.86.

TSE:3817's Days Payable is ranked worse than
53.51% of 2519 companies
in the Software industry
Industry Median: 50.96 vs TSE:3817: 44.90

SRA Holdings's Days Payable increased from Dec. 2022 (44.19) to Dec. 2023 (47.44). It may suggest that SRA Holdings delayed paying its suppliers.


SRA Holdings Days Payable Historical Data

The historical data trend for SRA Holdings'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.

SRA Holdings Days Payable Chart

SRA Holdings 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 37.37 40.77 46.47 45.81 48.51

SRA Holdings 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 44.19 44.40 47.69 43.43 47.44

Competitive Comparison of SRA Holdings's Days Payable

For the Information Technology Services subindustry, SRA Holdings'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.


SRA Holdings's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where SRA Holdings's Days Payable falls into.



SRA Holdings 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.

SRA Holdings'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
=( (3976 + 4559) / 2 ) / 32109*365
=4267.5 / 32109*365
=48.51

SRA Holdings'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
=( (4446 + 3795) / 2 ) / 7926*365 / 4
=4120.5 / 7926*365 / 4
=47.44

* 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.


SRA Holdings Days Payable Related Terms

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SRA Holdings (TSE:3817) Business Description

Traded in Other Exchanges
N/A
Address
2-32-8 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
SRA Holdings Inc is an information technology services provider. The company operates through three business areas: systems development, operation/administration services and product solutions marketing. The systems development includes financial IT services, embedded IT services, academic IT services, business systems development and infrastructure development. The operation/administration services include outsourcing services, infrastructure operation services and system operation services. The product solutions marketing includes cloud security, open source software, and development support. The company has an operational presence across Europe, India, China, and Singapore.

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