Fusic Co (TSE:5256) Days Payable : 20.72 (As of Mar. 2024)

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What is Fusic Co Days Payable?

Fusic Co's average Accounts Payable for the three months ended in Mar. 2024 was 円69 Mil. Fusic Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円304 Mil. Hence, Fusic Co's Days Payable for the three months ended in Mar. 2024 was 20.72.

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

TSE:5256' s Days Payable Range Over the Past 10 Years
Min: 12.05 Med: 13.8 Max: 18.33
Current: 18.33

During the past 3 years, Fusic Co's highest Days Payable was 18.33. The lowest was 12.05. And the median was 13.80.

TSE:5256's Days Payable is ranked worse than
81.39% of 2526 companies
in the Software industry
Industry Median: 49.695 vs TSE:5256: 18.33

Fusic Co's Days Payable increased from Mar. 2023 (15.39) to Mar. 2024 (20.72). It may suggest that Fusic Co delayed paying its suppliers.

Fusic Co Days Payable Historical Data

The historical data trend for Fusic 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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Fusic Co Days Payable Chart

Fusic Co Annual Data

Trend

Jun21

Jun22

Jun23

Days Payable

12.05

13.80

14.64

Fusic Co Quarterly Data
	Jun21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			15.39	16.74	14.84	15.60	20.72

Competitive Comparison of Fusic Co's Days Payable

For the Software - Application subindustry, Fusic 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.

Fusic Co's Days Payable Distribution in the Software Industry

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

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

Fusic 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.

Fusic Co's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (37.149	+	43.495)	/	2 )	/	1005.411	*	365
=	40.322					/	1005.411	*	365
=	14.64

Fusic Co'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
=	( (50.391	+	87.716)	/	2 )	/	304.069	*	365 / 4
=	69.0535					/	304.069	*	365 / 4
=	20.72

Fusic Co Days Payable Related Terms

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Fusic Co (TSE:5256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fusic Co Ltd (TSE:5256) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-7 Tenjin, Fukuoka Prefecture 3rd Myojo Building, 6th Floor, Chuo-ku, Fukuoka, JPN, 810-0001

Website

https://www.fusic.co.jp

Fusic Co Ltd is engaged in the Digital transformation business which supports system development using cloud infrastructure and data utilization by combining IoT, cloud and AI technologies.

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