EM Systems Co (TSE:4820) Days Payable : 40.07 (As of Dec. 2023)

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What is EM Systems Co Days Payable?

EM Systems Co's average Accounts Payable for the three months ended in Dec. 2023 was 円1,172 Mil. EM Systems Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,668 Mil. Hence, EM Systems Co's Days Payable for the three months ended in Dec. 2023 was 40.07.

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

TSE:4820' s Days Payable Range Over the Past 10 Years
Min: 44.44 Med: 53.87 Max: 64.88
Current: 46.67

During the past 13 years, EM Systems Co's highest Days Payable was 64.88. The lowest was 44.44. And the median was 53.87.

TSE:4820's Days Payable is ranked worse than
60.54% of 588 companies
in the Healthcare Providers & Services industry
Industry Median: 61.605 vs TSE:4820: 46.67

EM Systems Co's Days Payable declined from Dec. 2022 (43.45) to Dec. 2023 (40.07). It may suggest that EM Systems Co accelerated paying its suppliers.

EM Systems Co Days Payable Historical Data

The historical data trend for EM Systems Co'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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EM Systems Co Days Payable Chart

EM Systems Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Days Payable

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53.76

56.48

50.99

44.44

47.50

EM Systems Co Quarterly Data
	Mar19	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															43.45	63.14	48.99	40.00	40.07

Competitive Comparison of EM Systems Co's Days Payable

For the Health Information Services subindustry, EM Systems Co'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.

EM Systems Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EM Systems Co's Days Payable distribution charts can be found below:

* The bar in red indicates where EM Systems Co's Days Payable falls into.

EM Systems Co 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.

EM Systems Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (852	+	1398)	/	2 )	/	8644	*	365
=	1125					/	8644	*	365
=	47.50

EM Systems Co'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
=	( (1222	+	1121)	/	2 )	/	2668	*	365 / 4
=	1171.5					/	2668	*	365 / 4
=	40.07

EM Systems Co Days Payable Related Terms

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EM Systems Co (TSE:4820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EM Systems Co Ltd (TSE:4820) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EMO:Germany

Address

Osaka Miyahara 1-chome, sixth No. 1 Shin-Osaka brick building, Yodogawa-ku, Osaka, JPN, 532-0003

Website

http://www.emsystems.co.jp

EM Systems Co Ltd is a Japan-based company. Along with its subsidiaries, the firm is engaged in the development, sales, and maintenance of computer software for medical business. It operates its business in three divisions Dispensing system business develops and sells systems for pharmacies. Medical system business develops and sells medical office processing computer system for medical institutions, mainly clinics, and provides supplementary supply and maintenance service. Other business division develops, sell and maintain maintenance service for medical care nursing collaboration solutions and systems for nursing care service providers.

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