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Internet Initiative Japan (TSE:3774) Days Payable : 40.17 (As of Dec. 2023)


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What is Internet Initiative Japan Days Payable?

Internet Initiative Japan's average Accounts Payable for the three months ended in Dec. 2023 was 円24,712 Mil. Internet Initiative Japan's Cost of Goods Sold for the three months ended in Dec. 2023 was 円56,136 Mil. Hence, Internet Initiative Japan's Days Payable for the three months ended in Dec. 2023 was 40.17.

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

TSE:3774' s Days Payable Range Over the Past 10 Years
Min: 39.66   Med: 42.23   Max: 43.99
Current: 40.75

During the past 13 years, Internet Initiative Japan's highest Days Payable was 43.99. The lowest was 39.66. And the median was 42.23.

TSE:3774's Days Payable is ranked worse than
79.54% of 347 companies
in the Telecommunication Services industry
Industry Median: 101.41 vs TSE:3774: 40.75

Internet Initiative Japan's Days Payable declined from Dec. 2022 (43.15) to Dec. 2023 (40.17). It may suggest that Internet Initiative Japan accelerated paying its suppliers.


Internet Initiative Japan Days Payable Historical Data

The historical data trend for Internet Initiative Japan'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.

Internet Initiative Japan Days Payable Chart

Internet Initiative Japan Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.98 42.74 39.66 41.77 40.34

Internet Initiative Japan 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 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 43.15 41.18 40.14 37.28 40.17

Competitive Comparison of Internet Initiative Japan's Days Payable

For the Telecom Services subindustry, Internet Initiative Japan'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.


Internet Initiative Japan's Days Payable Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Internet Initiative Japan's Days Payable falls into.



Internet Initiative Japan 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.

Internet Initiative Japan'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
=( (20742 + 22313) / 2 ) / 194800*365
=21527.5 / 194800*365
=40.34

Internet Initiative Japan'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
=( (22412 + 27011) / 2 ) / 56136*365 / 4
=24711.5 / 56136*365 / 4
=40.17

* 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.


Internet Initiative Japan Days Payable Related Terms

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Internet Initiative Japan (TSE:3774) Business Description

Traded in Other Exchanges
Address
Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.

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