Vario Secure (TSE:4494) Days Payable : 26.56 (As of Feb. 2024)

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What is Vario Secure Days Payable?

Vario Secure's average Accounts Payable for the three months ended in Feb. 2024 was 円100 Mil. Vario Secure's Cost of Goods Sold for the three months ended in Feb. 2024 was 円345 Mil. Hence, Vario Secure's Days Payable for the three months ended in Feb. 2024 was 26.56.

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

TSE:4494' s Days Payable Range Over the Past 10 Years
Min: 25.34 Med: 31.69 Max: 45.6
Current: 28.77

During the past 7 years, Vario Secure's highest Days Payable was 45.60. The lowest was 25.34. And the median was 31.69.

TSE:4494's Days Payable is ranked worse than
68.5% of 2524 companies
in the Software industry
Industry Median: 49.575 vs TSE:4494: 28.77

Vario Secure's Days Payable increased from Feb. 2023 (16.71) to Feb. 2024 (26.56). It may suggest that Vario Secure delayed paying its suppliers.

Vario Secure Days Payable Historical Data

The historical data trend for Vario Secure'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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Vario Secure Days Payable Chart

Vario Secure Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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35.87

43.63

45.60

31.69

29.21

Vario Secure Quarterly Data
	Feb18	Feb19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															16.71	30.84	29.88	28.07	26.56

Competitive Comparison of Vario Secure's Days Payable

For the Software - Infrastructure subindustry, Vario Secure'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.

Vario Secure's Days Payable Distribution in the Software Industry

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

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

Vario Secure 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.

Vario Secure's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (81.751	+	106.604)	/	2 )	/	1176.785	*	365
=	94.1775					/	1176.785	*	365
=	29.21

Vario Secure's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (94.042	+	106.604)	/	2 )	/	344.695	*	365 / 4
=	100.323					/	344.695	*	365 / 4
=	26.56

Vario Secure Days Payable Related Terms

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Vario Secure (TSE:4494) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vario Secure Inc (TSE:4494) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sumitomo Shoji Nishikicho, Building 1-6 Kandanishikicho Chiyoda-ku, Tokyo, JPN, 101-0054

Website

https://www.variosecure.net

Vario Secure Inc is engaged in providing internet security services which protect network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and unique operation system. The company provides one-stop security services from installation and implementation to operation, monitoring and support to small and medium-sized enterprises which have difficulties in sparing dedicated personnel to IT issues which have been and are becoming sophisticated and complicated day to day.

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