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HPC Systems (TSE:6597) Days Payable : 15.87 (As of Mar. 2024)


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What is HPC Systems Days Payable?

HPC Systems's average Accounts Payable for the three months ended in Mar. 2024 was 円302 Mil. HPC Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,736 Mil. Hence, HPC Systems's Days Payable for the three months ended in Mar. 2024 was 15.87.

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

TSE:6597' s Days Payable Range Over the Past 10 Years
Min: 9.54   Med: 13.86   Max: 25.01
Current: 25.01

During the past 7 years, HPC Systems's highest Days Payable was 25.01. The lowest was 9.54. And the median was 13.86.

TSE:6597's Days Payable is ranked worse than
91.62% of 2421 companies
in the Hardware industry
Industry Median: 68.07 vs TSE:6597: 25.01

HPC Systems's Days Payable increased from Mar. 2023 (7.80) to Mar. 2024 (15.87). It may suggest that HPC Systems delayed paying its suppliers.


HPC Systems Days Payable Historical Data

The historical data trend for HPC Systems'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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HPC Systems Days Payable Chart

HPC Systems Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial 13.14 13.86 14.13 19.33 9.54

HPC Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.80 26.99 25.74 27.99 15.87

Competitive Comparison of HPC Systems's Days Payable

For the Computer Hardware subindustry, HPC Systems'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.


HPC Systems's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, HPC Systems's Days Payable distribution charts can be found below:

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



HPC Systems 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.

HPC Systems'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
=( (237.189 + 138.38) / 2 ) / 7187.444*365
=187.7845 / 7187.444*365
=9.54

HPC Systems'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
=( (253.84 + 349.995) / 2 ) / 1735.956*365 / 4
=301.9175 / 1735.956*365 / 4
=15.87

* 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.


HPC Systems Days Payable Related Terms

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HPC Systems (TSE:6597) Business Description

Traded in Other Exchanges
N/A
Address
3-5-15 Kaigan, LOOP-X 8th Floor, Minato-ku, Tokyo, JPN, 108-0022
HPC Systems Inc is a Japanese based company engaged in the development, production and sales of high-performance computers and industrial computers. The business activities of the group are functioned through high performance computer business, configure to order business and computational science consulting business.

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