Global Security Experts (TSE:4417) Days Payable : 17.61 (As of Dec. 2023)

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What is Global Security Experts Days Payable?

Global Security Experts's average Accounts Payable for the three months ended in Dec. 2023 was 円232 Mil. Global Security Experts's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,200 Mil. Hence, Global Security Experts's Days Payable for the three months ended in Dec. 2023 was 17.61.

The historical rank and industry rank for Global Security Experts's Days Payable or its related term are showing as below:

TSE:4417' s Days Payable Range Over the Past 10 Years
Min: 17.94 Med: 21.86 Max: 27.62
Current: 17.94

During the past 4 years, Global Security Experts's highest Days Payable was 27.62. The lowest was 17.94. And the median was 21.86.

TSE:4417's Days Payable is ranked worse than
82.15% of 2532 companies
in the Software industry
Industry Median: 50.275 vs TSE:4417: 17.94

Global Security Experts's Days Payable declined from Dec. 2022 (17.90) to Dec. 2023 (17.61). It may suggest that Global Security Experts accelerated paying its suppliers.

Global Security Experts Days Payable Historical Data

The historical data trend for Global Security Experts'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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Global Security Experts Days Payable Chart

Global Security Experts Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

27.62

18.09

20.52

23.19

Global Security Experts Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							17.90	19.25	19.35	16.03	17.61

Competitive Comparison of Global Security Experts's Days Payable

For the Software - Infrastructure subindustry, Global Security Experts'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.

Global Security Experts's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Global Security Experts's Days Payable falls into.

Global Security Experts 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.

Global Security Experts's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (225.334	+	254.393)	/	2 )	/	3775.127	*	365
=	239.8635					/	3775.127	*	365
=	23.19

Global Security Experts's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (229.71	+	233.699)	/	2 )	/	1200.459	*	365 / 4
=	231.7045					/	1200.459	*	365 / 4
=	17.61

Global Security Experts Days Payable Related Terms

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Global Security Experts (TSE:4417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Security Experts Inc (TSE:4417) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-15-1 Kaigan, Minato-ku, Tokyo, JPN, 105-0022

Website

https://www.gsx.co.jp

Global Security Experts Inc is engaged in providing security consulting, diagnostic assessment, cybersecurity solution, and comprehensive security educational services.

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