AR Advanced Technology (TSE:5578) Days Payable : 37.43 (As of Feb. 2024)

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What is AR Advanced Technology Days Payable?

AR Advanced Technology's average Accounts Payable for the three months ended in Feb. 2024 was 円832 Mil. AR Advanced Technology's Cost of Goods Sold for the three months ended in Feb. 2024 was 円2,027 Mil. Hence, AR Advanced Technology's Days Payable for the three months ended in Feb. 2024 was 37.43.

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

TSE:5578' s Days Payable Range Over the Past 10 Years
Min: 34.64 Med: 35.06 Max: 37.6
Current: 36.12

During the past 3 years, AR Advanced Technology's highest Days Payable was 37.60. The lowest was 34.64. And the median was 35.06.

TSE:5578's Days Payable is ranked worse than
60.65% of 2526 companies
in the Software industry
Industry Median: 49.695 vs TSE:5578: 36.12

AR Advanced Technology's Days Payable increased from Feb. 2023 (0.00) to Feb. 2024 (37.43). It may suggest that AR Advanced Technology delayed paying its suppliers.

AR Advanced Technology Days Payable Historical Data

The historical data trend for AR Advanced Technology'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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AR Advanced Technology Days Payable Chart

AR Advanced Technology Annual Data

Trend

Aug21

Aug22

Aug23

Days Payable

37.60

34.64

35.06

AR Advanced Technology Quarterly Data
	Aug21	Aug22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial			-	35.37	36.44	35.81	37.43

Competitive Comparison of AR Advanced Technology's Days Payable

For the Information Technology Services subindustry, AR Advanced Technology'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.

AR Advanced Technology's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where AR Advanced Technology's Days Payable falls into.

AR Advanced Technology 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.

AR Advanced Technology's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (679.68	+	798.285)	/	2 )	/	7693.188	*	365
=	738.9825					/	7693.188	*	365
=	35.06

AR Advanced Technology'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
=	( (834.154	+	828.952)	/	2 )	/	2027.459	*	365 / 4
=	831.553					/	2027.459	*	365 / 4
=	37.43

AR Advanced Technology Days Payable Related Terms

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AR Advanced Technology (TSE:5578) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AR Advanced Technology Inc (TSE:5578) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-14-16 Shibuya, Shibuya Nomura Securities Building 8th floor, Shibuya-ku, Tokyo, JPN, 150-0002

Website

https://www.ari-jp.com

AR Advanced Technology Inc is engaged in the DX solution business utilizing cloud technology, data analysis, and AI. It provides a comprehensive service that goes beyond simple system introduction. Its products and services include Loogue faq, an AI chatbot that is specialized in employee inquiries; Zidoma data which may be useful to reduce fileserver operating costs; and Mieta a cloud contact center analysis management service.

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