Japan System Techniques Co (TSE:4323) Days Payable : 21.81 (As of Mar. 2024)

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What is Japan System Techniques Co Days Payable?

Japan System Techniques Co's average Accounts Payable for the three months ended in Mar. 2024 was 円1,279 Mil. Japan System Techniques Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円5,350 Mil. Hence, Japan System Techniques Co's Days Payable for the three months ended in Mar. 2024 was 21.81.

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

TSE:4323' s Days Payable Range Over the Past 10 Years
Min: 25.87 Med: 31.67 Max: 46.99
Current: 25.87

During the past 13 years, Japan System Techniques Co's highest Days Payable was 46.99. The lowest was 25.87. And the median was 31.67.

TSE:4323's Days Payable is ranked worse than
72.66% of 2524 companies
in the Software industry
Industry Median: 49.575 vs TSE:4323: 25.87

Japan System Techniques Co's Days Payable declined from Mar. 2023 (23.00) to Mar. 2024 (21.81). It may suggest that Japan System Techniques Co accelerated paying its suppliers.

Japan System Techniques Co Days Payable Historical Data

The historical data trend for Japan System Techniques 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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Japan System Techniques Co Days Payable Chart

Japan System Techniques Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

28.42

25.92

27.90

30.61

28.22

Japan System Techniques 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															23.00	27.44	26.32	26.27	21.81

Competitive Comparison of Japan System Techniques Co's Days Payable

For the Software - Application subindustry, Japan System Techniques 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.

Japan System Techniques Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Japan System Techniques Co's Days Payable falls into.

Japan System Techniques 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.

Japan System Techniques Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1495.532	+	1429.832)	/	2 )	/	18915.372	*	365
=	1462.682					/	18915.372	*	365
=	28.22

Japan System Techniques 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
=	( (1128.213	+	1429.832)	/	2 )	/	5350.345	*	365 / 4
=	1279.0225					/	5350.345	*	365 / 4
=	21.81

Japan System Techniques Co Days Payable Related Terms

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Japan System Techniques Co (TSE:4323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Japan System Techniques Co Ltd (TSE:4323) » Definitions » Days Payable

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JAPPF:USA

Address

No. 2 No. 16, Konan, Minato-ku, Tokyo, JPN, 108-8288

Website

http://www.jast.jp

Japan System Techniques Co Ltd is engaged in the Software business in Japan. It provides business software applications such as engineering and event applications. It also provides package business and system sales. Its services include system consultation, system integration services, software development, system management, development and sales, package software and database services.

Japan System Techniques Co (TSE:4323) Headlines

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