Excite Holdings Co (TSE:5571) Days Payable : 75.95 (As of Dec. 2023)

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What is Excite Holdings Co Days Payable?

Excite Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円830 Mil. Excite Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円997 Mil. Hence, Excite Holdings Co's Days Payable for the three months ended in Dec. 2023 was 75.95.

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

TSE:5571' s Days Payable Range Over the Past 10 Years
Min: 60.84 Med: 64.81 Max: 74.44
Current: 74.44

During the past 3 years, Excite Holdings Co's highest Days Payable was 74.44. The lowest was 60.84. And the median was 64.81.

TSE:5571's Days Payable is ranked better than
61.22% of 2532 companies
in the Software industry
Industry Median: 50.275 vs TSE:5571: 74.44

Excite Holdings Co's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (75.95). It may suggest that Excite Holdings Co delayed paying its suppliers.

Excite Holdings Co Days Payable Historical Data

The historical data trend for Excite Holdings 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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Excite Holdings Co Days Payable Chart

Excite Holdings Co Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

60.84

64.81

70.24

Excite Holdings Co Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial			-	74.43	71.39	72.98	75.95

Competitive Comparison of Excite Holdings Co's Days Payable

For the Software - Application subindustry, Excite Holdings 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.

Excite Holdings Co's Days Payable Distribution in the Software Industry

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

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

Excite Holdings 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.

Excite Holdings Co's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (759.251	+	771.913)	/	2 )	/	3978.503	*	365
=	765.582					/	3978.503	*	365
=	70.24

Excite Holdings 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
=	( (830.609	+	829.416)	/	2 )	/	997.199	*	365 / 4
=	830.0125					/	997.199	*	365 / 4
=	75.95

Excite Holdings Co Days Payable Related Terms

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Excite Holdings Co (TSE:5571) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excite Holdings Co Ltd (TSE:5571) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-20-1 Minamiazabu, Daiwa Azabu Terrace 4th Floor, Minato-ku, Tokyo, JPN, 106-0047

Website

https://www.excite-holdings.co.jp

Excite Holdings Co Ltd is engaged in the business management and related operations of group companies, platform business, broadband business, and SaaS/DX Business.

Excite Holdings Co (TSE:5571) Headlines

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