Seraku Co (TSE:6199) Days Payable : 2.95 (As of Feb. 2024)

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What is Seraku Co Days Payable?

Seraku Co's average Accounts Payable for the three months ended in Feb. 2024 was 円132 Mil. Seraku Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円4,082 Mil. Hence, Seraku Co's Days Payable for the three months ended in Feb. 2024 was 2.95.

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

TSE:6199' s Days Payable Range Over the Past 10 Years
Min: 1.2 Med: 3.54 Max: 36.23
Current: 3.09

During the past 9 years, Seraku Co's highest Days Payable was 36.23. The lowest was 1.20. And the median was 3.54.

TSE:6199's Days Payable is ranked worse than
97.39% of 2526 companies
in the Software industry
Industry Median: 49.695 vs TSE:6199: 3.09

Seraku Co's Days Payable increased from Feb. 2023 (2.69) to Feb. 2024 (2.95). It may suggest that Seraku Co delayed paying its suppliers.

Seraku Co Days Payable Historical Data

The historical data trend for Seraku 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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Seraku Co Days Payable Chart

Seraku Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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1.20

1.69

2.65

3.54

3.38

Seraku Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															2.69	3.39	3.32	2.90	2.95

Competitive Comparison of Seraku Co's Days Payable

For the Information Technology Services subindustry, Seraku 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.

Seraku Co's Days Payable Distribution in the Software Industry

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

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

Seraku 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.

Seraku Co'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
=	( (159.59	+	130.402)	/	2 )	/	15680.105	*	365
=	144.996					/	15680.105	*	365
=	3.38

Seraku Co'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
=	( (127.006	+	136.974)	/	2 )	/	4082.495	*	365 / 4
=	131.99					/	4082.495	*	365 / 4
=	2.95

Seraku Co Days Payable Related Terms

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Seraku Co (TSE:6199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Seraku Co Ltd (TSE:6199) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-5-25 Nishi-Shinjuku, Shinjuku-ku, 6th floor, Nishishinjuku Prime Square Blog, Tokyo, JPN, 160-0023

Website

http://www.seraku.co.jp

Seraku Co Ltd is a Japanese firm. It is engaged in providing on-site solutions and services including IT infrastructure, smart solutions, WEB marketing communications, and agriculture IoT solutions services. It deals with information infrastructure construction and operation, cloud technology, information security technology, smart technology.

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