JASTEC Co (TSE:9717) Days Payable : 14.48 (As of Feb. 2024)

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What is JASTEC Co Days Payable?

JASTEC Co's average Accounts Payable for the three months ended in Feb. 2024 was 円672 Mil. JASTEC Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円4,233 Mil. Hence, JASTEC Co's Days Payable for the three months ended in Feb. 2024 was 14.48.

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

TSE:9717' s Days Payable Range Over the Past 10 Years
Min: 12.39 Med: 14.21 Max: 56.77
Current: 14.39

During the past 13 years, JASTEC Co's highest Days Payable was 56.77. The lowest was 12.39. And the median was 14.21.

TSE:9717's Days Payable is ranked worse than
86.67% of 2536 companies
in the Software industry
Industry Median: 50.01 vs TSE:9717: 14.39

JASTEC Co's Days Payable increased from Feb. 2023 (13.63) to Feb. 2024 (14.48). It may suggest that JASTEC Co delayed paying its suppliers.

JASTEC Co Days Payable Historical Data

The historical data trend for JASTEC 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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JASTEC Co Days Payable Chart

JASTEC Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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14.04

13.57

12.39

13.69

14.38

JASTEC 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															13.63	14.44	14.22	14.26	14.48

Competitive Comparison of JASTEC Co's Days Payable

For the Software - Application subindustry, JASTEC 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.

JASTEC Co's Days Payable Distribution in the Software Industry

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

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

JASTEC 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.

JASTEC Co's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (597.352	+	664.609)	/	2 )	/	16021.054	*	365
=	630.9805					/	16021.054	*	365
=	14.38

JASTEC 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
=	( (664.609	+	679.182)	/	2 )	/	4232.9	*	365 / 4
=	671.8955					/	4232.9	*	365 / 4
=	14.48

JASTEC Co Days Payable Related Terms

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JASTEC Co (TSE:9717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » JASTEC Co Ltd (TSE:9717) » Definitions » Days Payable

Comparable Companies

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JASTF:USA

Address

3-5-23, Takanawa, Minato-ku, Tokyo, JPN, 108-0074

Website

http://www.jastec.co.jp

JASTEC Co Ltd is a Japanese based company engages in the development and sales of software technology. It provides system integration and software development services including planning, proposal, requirement definition, development and building, and operation.

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