WirelessGate (TSE:9419) Days Payable : 70.98 (As of Jun. 2024)

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What is WirelessGate Days Payable?

WirelessGate's average Accounts Payable for the three months ended in Jun. 2024 was 円832 Mil. WirelessGate's Cost of Goods Sold for the three months ended in Jun. 2024 was 円1,069 Mil. Hence, WirelessGate's Days Payable for the three months ended in Jun. 2024 was 70.98.

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

TSE:9419' s Days Payable Range Over the Past 10 Years
Min: 60.33 Med: 64.38 Max: 76.33
Current: 71.79

During the past 12 years, WirelessGate's highest Days Payable was 76.33. The lowest was 60.33. And the median was 64.38.

TSE:9419's Days Payable is ranked worse than
62.36% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.215 vs TSE:9419: 71.79

WirelessGate's Days Payable declined from Jun. 2023 (74.17) to Jun. 2024 (70.98). It may suggest that WirelessGate accelerated paying its suppliers.

WirelessGate Days Payable Historical Data

The historical data trend for WirelessGate'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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WirelessGate Days Payable Chart

WirelessGate Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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60.33

64.58

64.17

76.33

72.11

WirelessGate Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															74.17	72.31	71.33	72.77	70.98

Competitive Comparison of WirelessGate's Days Payable

For the Telecom Services subindustry, WirelessGate'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.

WirelessGate's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, WirelessGate's Days Payable distribution charts can be found below:

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

WirelessGate 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.

WirelessGate's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (875.18	+	893.909)	/	2 )	/	4477.406	*	365
=	884.5445					/	4477.406	*	365
=	72.11

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

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (818.719	+	844.66)	/	2 )	/	1069.163	*	365 / 4
=	831.6895					/	1069.163	*	365 / 4
=	70.98

WirelessGate Days Payable Related Terms

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WirelessGate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » WirelessGate Inc (TSE:9419) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yusen Building 4 Floor 2-2-20, Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0002

Website

http://www.wirelessgate.co.jp

WirelessGate Inc provides wireless broadband services in Japan. The company functions in three segments namely, Wireless Broadband Services, Wireless Business Domain Services, and Other.

WirelessGate Headlines

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