GRID (TSE:5582) Days Payable : 0.00 (As of Dec. 2024)

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What is GRID Days Payable?

GRID's average Accounts Payable for the three months ended in Dec. 2024 was 円2 Mil. GRID's Cost of Goods Sold for the three months ended in Dec. 2024 was 円0 Mil.

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

TSE:5582' s Days Payable Range Over the Past 10 Years
Min: 2.44 Med: 6.21 Max: 9.44
Current: 2.44

During the past 4 years, GRID's highest Days Payable was 9.44. The lowest was 2.44. And the median was 6.21.

TSE:5582's Days Payable is ranked worse than
98.43% of 2551 companies
in the Software industry
Industry Median: 51.71 vs TSE:5582: 2.44

GRID's Days Payable declined from Sep. 2023 (3.04) to Dec. 2024 (0.00). It may suggest that GRID accelerated paying its suppliers.

GRID Days Payable Historical Data

The historical data trend for GRID'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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GRID Days Payable Chart

GRID Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Days Payable

7.30

9.44

5.11

2.44

GRID Quarterly Data
	Jun21	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial				3.04	-	-	1.99	-

Competitive Comparison of GRID's Days Payable

For the Software - Infrastructure subindustry, GRID'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.

GRID's Days Payable Distribution in the Software Industry

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

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

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GRID 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.

GRID's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (3.154	+	2.221)	/	2 )	/	401.748	*	365
=	2.6875					/	401.748	*	365
=	2.44

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

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (2.221	+	0)	/	1 )	/	0	*	365 / 4
=	2.221					/	0	*	365 / 4
=	N/A

GRID Days Payable Related Terms

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GRID Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GRID Inc (TSE:5582) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11-7 Kitaaoyama, 6th Floor Ao Building, Minato-ku, Tokyo, JPN, 107-0061

Website

https://www.gridpredict.jp

GRID Inc is engaged in the Development, sale, maintenance, and operation support of planning optimization systems using artificial intelligence. The company solves complex problems by using digital twin technology, which reproduces real space in digital space, with AI optimization technology.

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