Segue Group Co (TSE:3968) Days Payable : 30.72 (As of Mar. 2024)

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What is Segue Group Co Days Payable?

Segue Group Co's average Accounts Payable for the three months ended in Mar. 2024 was 円1,259 Mil. Segue Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円3,740 Mil. Hence, Segue Group Co's Days Payable for the three months ended in Mar. 2024 was 30.72.

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

TSE:3968' s Days Payable Range Over the Past 10 Years
Min: 28.31 Med: 39.35 Max: 63.32
Current: 36.43

During the past 10 years, Segue Group Co's highest Days Payable was 63.32. The lowest was 28.31. And the median was 39.35.

TSE:3968's Days Payable is ranked worse than
55.52% of 2527 companies
in the Software industry
Industry Median: 50.54 vs TSE:3968: 36.43

Segue Group Co's Days Payable declined from Mar. 2023 (51.18) to Mar. 2024 (30.72). It may suggest that Segue Group Co accelerated paying its suppliers.

Segue Group Co Days Payable Historical Data

The historical data trend for Segue Group 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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Segue Group Co Days Payable Chart

Segue Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.31

30.34

49.17

63.32

46.56

Segue Group Co 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															51.18	37.67	31.06	43.39	30.72

Competitive Comparison of Segue Group Co's Days Payable

For the Information Technology Services subindustry, Segue Group 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.

Segue Group Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Segue Group Co's Days Payable distribution charts can be found below:

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

Segue Group 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.

Segue Group Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1885.629	+	1512.51)	/	2 )	/	13319.617	*	365
=	1699.0695					/	13319.617	*	365
=	46.56

Segue Group Co'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
=	( (1512.51	+	1005.721)	/	2 )	/	3740.079	*	365 / 4
=	1259.1155					/	3740.079	*	365 / 4
=	30.72

Segue Group Co Days Payable Related Terms

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Segue Group Co (TSE:3968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Segue Group Co Ltd (TSE:3968) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-16-3 Shinkawa, Sumitomo R&D Kayabacho Building, Chuo-ku, Tokyo, JPN, 104-0033

Website

http://segue-g.jp

Segue Group Co Ltd provides information technology services. The company offers networking, security, operation, cloud, and maintenance solutions. It offers various services, including system integration, VoIP system implementation, construction, human resource, help desk support, monitoring, and maintenance support.

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