GURUFOCUS.COM » STOCK LIST » Technology » Software » True Data Inc (TSE:4416) » Definitions » Days Payable

True Data (TSE:4416) Days Payable : 37.40 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is True Data Days Payable?

True Data's average Accounts Payable for the three months ended in Mar. 2024 was 円64 Mil. True Data's Cost of Goods Sold for the three months ended in Mar. 2024 was 円156 Mil. Hence, True Data's Days Payable for the three months ended in Mar. 2024 was 37.40.

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

TSE:4416' s Days Payable Range Over the Past 10 Years
Min: 23.85   Med: 29.2   Max: 31.5
Current: 31.5

During the past 5 years, True Data's highest Days Payable was 31.50. The lowest was 23.85. And the median was 29.20.

TSE:4416's Days Payable is ranked worse than
65.25% of 2524 companies
in the Software industry
Industry Median: 49.575 vs TSE:4416: 31.50

True Data's Days Payable increased from Mar. 2023 (28.69) to Mar. 2024 (37.40). It may suggest that True Data delayed paying its suppliers.


True Data Days Payable Historical Data

The historical data trend for True Data'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.

True Data Days Payable Chart

True Data Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
29.20 23.85 27.05 30.11 29.47

True Data Quarterly Data
Mar20 Mar21 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 28.69 30.32 28.78 32.09 37.40

Competitive Comparison of True Data's Days Payable

For the Software - Application subindustry, True Data'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.


True Data's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where True Data's Days Payable falls into.



True Data 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.

True Data'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
=( (53.427 + 56.146) / 2 ) / 678.612*365
=54.7865 / 678.612*365
=29.47

True Data'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
=( (71.787 + 56.146) / 2 ) / 156.072*365 / 4
=63.9665 / 156.072*365 / 4
=37.40

* 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.


True Data Days Payable Related Terms

Thank you for viewing the detailed overview of True Data's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


True Data (TSE:4416) Business Description

Traded in Other Exchanges
N/A
Address
1-10-11 Shibadaimon, Minato-ku, Tokyo, JPN, 105?0012
True Data Inc operates a big data platform that handles consumer purchasing data nationwide. It develops and provides consumer data analysis and purchasing behavior analysis solutions such as POS / ID-POS to retailers and consumer goods manufacturers.

True Data (TSE:4416) Headlines

No Headlines