ASAHI Net (TSE:3834) Days Payable : 27.50 (As of Dec. 2023)

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What is ASAHI Net Days Payable?

ASAHI Net's average Accounts Payable for the three months ended in Dec. 2023 was 円624 Mil. ASAHI Net's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,069 Mil. Hence, ASAHI Net's Days Payable for the three months ended in Dec. 2023 was 27.50.

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

TSE:3834' s Days Payable Range Over the Past 10 Years
Min: 18.82 Med: 28.66 Max: 60.67
Current: 23.47

During the past 13 years, ASAHI Net's highest Days Payable was 60.67. The lowest was 18.82. And the median was 28.66.

TSE:3834's Days Payable is ranked worse than
90.8% of 348 companies
in the Telecommunication Services industry
Industry Median: 101.86 vs TSE:3834: 23.47

ASAHI Net's Days Payable increased from Dec. 2022 (23.17) to Dec. 2023 (27.50). It may suggest that ASAHI Net delayed paying its suppliers.

ASAHI Net Days Payable Historical Data

The historical data trend for ASAHI Net'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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ASAHI Net Days Payable Chart

ASAHI Net Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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27.99

29.33

26.51

22.86

18.82

ASAHI Net 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															23.17	22.59	17.73	22.57	27.50

Competitive Comparison of ASAHI Net's Days Payable

For the Telecom Services subindustry, ASAHI Net'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.

ASAHI Net's Days Payable Distribution in the Telecommunication Services Industry

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

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

ASAHI Net 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.

ASAHI Net'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
=	( (454	+	435)	/	2 )	/	8619	*	365
=	444.5					/	8619	*	365
=	18.82

ASAHI Net'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
=	( (624	+	623)	/	2 )	/	2069	*	365 / 4
=	623.5					/	2069	*	365 / 4
=	27.50

ASAHI Net Days Payable Related Terms

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ASAHI Net (TSE:3834) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » ASAHI Net Inc (TSE:3834) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ginza 4-12-15 Chuo-ku, Kabukiza Tower 21 Floor, Tokyo, JPN, 104-0061

Website

http://asahi-net.jp

ASAHI Net Inc is a Japan-based internet service provider. The company mainly offers internet connection services using fiber-optic technology and mobile networks, live survey system respon, system maintenance, and manufacturer maintenance. The company also provides learning management system named manaba.

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