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PCI Holdings (TSE:3918) Days Payable : 36.01 (As of Mar. 2024)


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What is PCI Holdings Days Payable?

PCI Holdings's average Accounts Payable for the three months ended in Mar. 2024 was 円1,968 Mil. PCI Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was 円4,987 Mil. Hence, PCI Holdings's Days Payable for the three months ended in Mar. 2024 was 36.01.

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

TSE:3918' s Days Payable Range Over the Past 10 Years
Min: 26.9   Med: 33.3   Max: 49.01
Current: 37.33

During the past 10 years, PCI Holdings's highest Days Payable was 49.01. The lowest was 26.90. And the median was 33.30.

TSE:3918's Days Payable is ranked worse than
59.63% of 2529 companies
in the Software industry
Industry Median: 49.65 vs TSE:3918: 37.33

PCI Holdings's Days Payable declined from Mar. 2023 (39.48) to Mar. 2024 (36.01). It may suggest that PCI Holdings accelerated paying its suppliers.


PCI Holdings Days Payable Historical Data

The historical data trend for PCI 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.

PCI Holdings Days Payable Chart

PCI Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.54 28.75 31.47 37.05 35.12

PCI Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 39.48 40.36 33.56 39.19 36.01

Competitive Comparison of PCI Holdings's Days Payable

For the Information Technology Services subindustry, PCI 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.


PCI Holdings's Days Payable Distribution in the Software Industry

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

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



PCI 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.

PCI Holdings's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (2091.271 + 2057.5) / 2 ) / 21556.215*365
=2074.3855 / 21556.215*365
=35.12

PCI Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1984.281 + 1951.59) / 2 ) / 4986.592*365 / 4
=1967.9355 / 4986.592*365 / 4
=36.01

* 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.


PCI Holdings Days Payable Related Terms

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PCI Holdings (TSE:3918) Business Description

Traded in Other Exchanges
N/A
Address
21-19, Torakumon Ichime, Minato-ku, Tokyu Tiger Tortoise 4th Floor, Tokyo, JPN, 105-0001
PCI Hodings Inc provides information and technology solutions. The company's business segments are Technical Solutions, Business Solutions, and Internet of Things and Internet of Everything Solutions.

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