Porters (TSE:5126) Days Payable : 32.12 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Porters Days Payable?

Porters's average Accounts Payable for the three months ended in Mar. 2024 was 円35 Mil. Porters's Cost of Goods Sold for the three months ended in Mar. 2024 was 円98 Mil. Hence, Porters's Days Payable for the three months ended in Mar. 2024 was 32.12.

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

TSE:5126' s Days Payable Range Over the Past 10 Years
Min: 30.17 Med: 37.44 Max: 39.18
Current: 30.17

During the past 4 years, Porters's highest Days Payable was 39.18. The lowest was 30.17. And the median was 37.44.

TSE:5126's Days Payable is ranked worse than
66.8% of 2524 companies
in the Software industry
Industry Median: 49.575 vs TSE:5126: 30.17

Porters's Days Payable declined from Mar. 2023 (33.08) to Mar. 2024 (32.12). It may suggest that Porters accelerated paying its suppliers.

Porters Days Payable Historical Data

The historical data trend for Porters'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.

* Premium members only.

Porters Days Payable Chart

Porters Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

30.18

36.03

38.85

39.18

Porters Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial					33.08	28.63	25.79	30.42	32.12

Competitive Comparison of Porters's Days Payable

For the Software - Infrastructure subindustry, Porters'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.

Porters's Days Payable Distribution in the Software Industry

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

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

Porters 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.

Porters'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
=	( (32.625	+	35)	/	2 )	/	315	*	365
=	33.8125					/	315	*	365
=	39.18

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

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (35	+	34)	/	2 )	/	98	*	365 / 4
=	34.5					/	98	*	365 / 4
=	32.12

Porters Days Payable Related Terms

Thank you for viewing the detailed overview of Porters's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Porters (TSE:5126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Porters Corp (TSE:5126) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-5-34 Akasaka, Toda Building Aoyama 3rd Floor, Minato-ku, Tokyo, JPN, 107-0052

Website

https://www.porters.jp

Porters Corp is engaged in providing cloud services for recruiting industry.

Porters (TSE:5126) Headlines

No Headlines