Mt Genex (TSE:9820) Days Payable : 45.09 (As of Dec. 2023)

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What is Mt Genex Days Payable?

Mt Genex's average Accounts Payable for the three months ended in Dec. 2023 was 円335 Mil. Mt Genex's Cost of Goods Sold for the three months ended in Dec. 2023 was 円677 Mil. Hence, Mt Genex's Days Payable for the three months ended in Dec. 2023 was 45.09.

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

TSE:9820' s Days Payable Range Over the Past 10 Years
Min: 25.68 Med: 33.7 Max: 68.56
Current: 38.29

During the past 13 years, Mt Genex's highest Days Payable was 68.56. The lowest was 25.68. And the median was 33.70.

TSE:9820's Days Payable is ranked worse than
58.38% of 925 companies
in the Business Services industry
Industry Median: 47.75 vs TSE:9820: 38.29

Mt Genex's Days Payable increased from Dec. 2022 (40.01) to Dec. 2023 (45.09). It may suggest that Mt Genex delayed paying its suppliers.

Mt Genex Days Payable Historical Data

The historical data trend for Mt Genex'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.

Mt Genex Days Payable Chart

Mt Genex Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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33.27

61.53

68.56

33.48

29.20

Mt Genex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															40.01	40.93	30.99	34.24	45.09

Competitive Comparison of Mt Genex's Days Payable

For the Specialty Business Services subindustry, Mt Genex'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.

Mt Genex's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mt Genex's Days Payable distribution charts can be found below:

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

Mt Genex 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.

Mt Genex's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (168.022	+	218.133)	/	2 )	/	2413.732	*	365
=	193.0775					/	2413.732	*	365
=	29.20

Mt Genex's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (378.119	+	290.925)	/	2 )	/	677.012	*	365 / 4
=	334.522					/	677.012	*	365 / 4
=	45.09

Mt Genex Days Payable Related Terms

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Mt Genex (TSE:9820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mt Genex Corp (TSE:9820) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, 5-Azabudadai, No. 5 Masonic 39 MT Building 5th Floor, Minato-ku, Tokyo, JPN, 105-0004

Website

http://www.mt-genex.co.jp

Mt Genex Corp is a Japanese company engaged in providing management and maintenance services on office and residential buildings. It offers services related to the management of parking lot management and the renovation of houses and office buildings. The organization also offers real estate brokerage service, contract building construction, renewing electrical equipment, and AC installation service.

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