Edge Technology (TSE:4268) Days Payable : 30.04 (As of Jan. 2024)

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What is Edge Technology Days Payable?

Edge Technology's average Accounts Payable for the three months ended in Jan. 2024 was 円177 Mil. Edge Technology's Cost of Goods Sold for the three months ended in Jan. 2024 was 円538 Mil. Hence, Edge Technology's Days Payable for the three months ended in Jan. 2024 was 30.04.

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

TSE:4268' s Days Payable Range Over the Past 10 Years
Min: 29.14 Med: 32.07 Max: 37.63
Current: 30.58

During the past 4 years, Edge Technology's highest Days Payable was 37.63. The lowest was 29.14. And the median was 32.07.

TSE:4268's Days Payable is ranked worse than
66.85% of 2519 companies
in the Software industry
Industry Median: 50.96 vs TSE:4268: 30.58

Edge Technology's Days Payable declined from Jan. 2023 (30.58) to Jan. 2024 (30.04). It may suggest that Edge Technology accelerated paying its suppliers.

Edge Technology Days Payable Historical Data

The historical data trend for Edge Technology'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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Edge Technology Days Payable Chart

Edge Technology Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Days Payable

34.59

37.63

29.14

29.55

Edge Technology Quarterly Data
	Apr20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial							30.58	30.38	30.91	30.29	30.04

Competitive Comparison of Edge Technology's Days Payable

For the Software - Infrastructure subindustry, Edge Technology'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.

Edge Technology's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Edge Technology's Days Payable falls into.

Edge Technology 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.

Edge Technology's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (137.764	+	157.601)	/	2 )	/	1823.979	*	365
=	147.6825					/	1823.979	*	365
=	29.55

Edge Technology's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (175.729	+	178.247)	/	2 )	/	537.611	*	365 / 4
=	176.988					/	537.611	*	365 / 4
=	30.04

Edge Technology Days Payable Related Terms

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Edge Technology (TSE:4268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edge Technology Inc (TSE:4268) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-32-7 Kanda Sudacho, Cress Real Estate Kanda Building 5th Floor, Tokyo, JPN

Website

https://www.edge-tech.co.jp

Edge Technology Inc is engaged in the AI implementation support and big data analysis consulting business.

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