Glad Cube (TSE:9561) Days Payable : 525.39 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Glad Cube Days Payable?

Glad Cube's average Accounts Payable for the three months ended in Mar. 2024 was 円491 Mil. Glad Cube's Cost of Goods Sold for the three months ended in Mar. 2024 was 円85 Mil. Hence, Glad Cube's Days Payable for the three months ended in Mar. 2024 was 525.39.

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

TSE:9561' s Days Payable Range Over the Past 10 Years
Min: 543.56 Med: 1809.78 Max: 2305.51
Current: 543.56

During the past 4 years, Glad Cube's highest Days Payable was 2305.51. The lowest was 543.56. And the median was 1809.78.

TSE:9561's Days Payable is ranked better than
93.14% of 2523 companies
in the Software industry
Industry Median: 49.5 vs TSE:9561: 543.56

Glad Cube's Days Payable declined from Mar. 2023 (1,175.07) to Mar. 2024 (525.39). It may suggest that Glad Cube accelerated paying its suppliers.

Glad Cube Days Payable Historical Data

The historical data trend for Glad Cube'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.

* Premium members only.

Glad Cube Days Payable Chart

Glad Cube Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

1,807.93

2,305.51

1,811.62

752.75

Glad Cube Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial					1,175.07	781.92	664.76	366.53	525.39

Competitive Comparison of Glad Cube's Days Payable

For the Software - Application subindustry, Glad Cube'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.

Glad Cube's Days Payable Distribution in the Software Industry

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

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

Glad Cube 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.

Glad Cube'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
=	( (394.835	+	493.768)	/	2 )	/	215.438	*	365
=	444.3015					/	215.438	*	365
=	752.75

Glad Cube'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
=	( (493.768	+	488.365)	/	2 )	/	85.289	*	365 / 4
=	491.0665					/	85.289	*	365 / 4
=	525.39

Glad Cube Days Payable Related Terms

Thank you for viewing the detailed overview of Glad Cube's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Glad Cube (TSE:9561) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Glad Cube Inc (TSE:9561) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-7 Kawaramachi, Osaka Chuo-ku, Osaka, JPN, 541-0048

Website

https://corp.glad-cube.com

Glad Cube Inc operates as an internet advertise agency and website optimization platform that provides Heat maps and AB testing function by own product "iTest which includes artificial intelligence and machine learning.

Glad Cube (TSE:9561) Headlines

No Headlines