Power Solutions (TSE:4450) Days Payable : 19.63 (As of Dec. 2023)

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What is Power Solutions Days Payable?

Power Solutions's average Accounts Payable for the three months ended in Dec. 2023 was 円223 Mil. Power Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,037 Mil. Hence, Power Solutions's Days Payable for the three months ended in Dec. 2023 was 19.63.

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

TSE:4450' s Days Payable Range Over the Past 10 Years
Min: 15.5 Med: 20.12 Max: 22.73
Current: 21.1

During the past 7 years, Power Solutions's highest Days Payable was 22.73. The lowest was 15.50. And the median was 20.12.

TSE:4450's Days Payable is ranked worse than
77.95% of 2531 companies
in the Software industry
Industry Median: 50.36 vs TSE:4450: 21.10

Power Solutions's Days Payable declined from Dec. 2022 (21.17) to Dec. 2023 (19.63). It may suggest that Power Solutions accelerated paying its suppliers.

Power Solutions Days Payable Historical Data

The historical data trend for Power Solutions'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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Power Solutions Days Payable Chart

Power Solutions Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.55

20.12

22.33

22.73

22.44

Power Solutions Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															21.17	21.75	21.70	20.12	19.63

Competitive Comparison of Power Solutions's Days Payable

For the Information Technology Services subindustry, Power Solutions'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.

Power Solutions's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Power Solutions's Days Payable falls into.

Power Solutions 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.

Power Solutions'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
=	( (240.342	+	242.248)	/	2 )	/	3925.332	*	365
=	241.295					/	3925.332	*	365
=	22.44

Power Solutions'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
=	( (203.818	+	242.248)	/	2 )	/	1036.904	*	365 / 4
=	223.033					/	1036.904	*	365 / 4
=	19.63

Power Solutions Days Payable Related Terms

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Power Solutions (TSE:4450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Power Solutions Ltd (TSE:4450) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Otemachi First Square East Tower, 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.powersolutions.co.jp

Power Solutions Ltd specializes in corporate information technology activities. It is primarily engaged in the development, operation and maintenance of business consulting systems and outsourcing of business for asset management companies and other financial institutions.

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