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Dentsu Group (TSE:4324) Days Payable : 3,443.78 (As of Dec. 2023)


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What is Dentsu Group Days Payable?

Dentsu Group's average Accounts Payable for the three months ended in Dec. 2023 was 円1,438,650 Mil. Dentsu Group's Cost of Goods Sold for the three months ended in Dec. 2023 was 円38,120 Mil. Hence, Dentsu Group's Days Payable for the three months ended in Dec. 2023 was 3,443.78.

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

TSE:4324' s Days Payable Range Over the Past 10 Years
Min: 3282.16   Med: 5204.27   Max: 9304.66
Current: 3282.16

During the past 13 years, Dentsu Group's highest Days Payable was 9304.66. The lowest was 3282.16. And the median was 5204.27.

TSE:4324's Days Payable is ranked better than
97.52% of 926 companies
in the Media - Diversified industry
Industry Median: 81.63 vs TSE:4324: 3282.16

Dentsu Group's Days Payable declined from Dec. 2022 (3,664.72) to Dec. 2023 (3,443.78). It may suggest that Dentsu Group accelerated paying its suppliers.


Dentsu Group Days Payable Historical Data

The historical data trend for Dentsu Group'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.

Dentsu Group Days Payable Chart

Dentsu Group Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,595.87 4,620.17 4,540.58 4,311.73 3,496.38

Dentsu Group 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 3,664.72 3,694.10 3,530.48 2,519.93 3,443.78

Competitive Comparison of Dentsu Group's Days Payable

For the Advertising Agencies subindustry, Dentsu Group'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.


Dentsu Group's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dentsu Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Dentsu Group's Days Payable falls into.



Dentsu Group 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.

Dentsu Group'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
=( (1532591 + 1527612) / 2 ) / 159733*365
=1530101.5 / 159733*365
=3,496.38

Dentsu Group'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
=( (1349687 + 1527612) / 2 ) / 38120*365 / 4
=1438649.5 / 38120*365 / 4
=3,443.78

* 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.


Dentsu Group Days Payable Related Terms

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Dentsu Group (TSE:4324) Business Description

Traded in Other Exchanges
Address
1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001
Dentsu Group Inc is a Japanese international advertising and public relations company that provides communication-related solutions and services such as management and business consulting. Dentsu is one of the world's largest advertising agencies. The company operates through its nine global network brands--Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, MKTG, Posterscope and Vizeum--as well as through its specialist/multi-market brands. It is also active in the production and marketing of sports and entertainment content on a global scale. The company earns a majority of its revenue in Japan, followed by Europe and the Americas, while operating in over 100 countries around the world.

Dentsu Group (TSE:4324) Headlines

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