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JTower (TSE:4485) Days Payable : 20.76 (As of Sep. 2024)


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What is JTower Days Payable?

JTower's average Accounts Payable for the three months ended in Sep. 2024 was 円646 Mil. JTower's Cost of Goods Sold for the three months ended in Sep. 2024 was 円2,840 Mil. Hence, JTower's Days Payable for the three months ended in Sep. 2024 was 20.76.

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

TSE:4485' s Days Payable Range Over the Past 10 Years
Min: 19.88   Med: 38.33   Max: 86.16
Current: 19.88

During the past 7 years, JTower's highest Days Payable was 86.16. The lowest was 19.88. And the median was 38.33.

TSE:4485's Days Payable is ranked worse than
92.2% of 346 companies
in the Telecommunication Services industry
Industry Median: 107.52 vs TSE:4485: 19.88

JTower's Days Payable increased from Sep. 2023 (15.32) to Sep. 2024 (20.76). It may suggest that JTower delayed paying its suppliers.


JTower Days Payable Historical Data

The historical data trend for JTower'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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JTower Days Payable Chart

JTower Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 52.22 34.96 37.71 38.94 23.27

JTower Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.32 17.88 21.91 24.78 20.76

Competitive Comparison of JTower's Days Payable

For the Telecom Services subindustry, JTower'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.


JTower's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, JTower's Days Payable distribution charts can be found below:

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



JTower 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.

JTower'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
=( (277.246 + 720.138) / 2 ) / 7823.82*365
=498.692 / 7823.82*365
=23.27

JTower's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 646) / 1 ) / 2840*365 / 4
=646 / 2840*365 / 4
=20.76

* 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.


JTower Days Payable Related Terms

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JTower Business Description

Traded in Other Exchanges
N/A
Address
Eastern AOYAMA Building, 8-5-41 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
JTower Inc is engaged in designing and construction of information communications infrastructure and communication-related solutions. The company provides a variety of services based around mobile infrastructure sharing for Mobile Network Operators .

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