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NTT Data Group (TSE:9613) Days Payable : 93.70 (As of Dec. 2023)


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What is NTT Data Group Days Payable?

NTT Data Group's average Accounts Payable for the three months ended in Dec. 2023 was 円828,201 Mil. NTT Data Group's Cost of Goods Sold for the three months ended in Dec. 2023 was 円806,571 Mil. Hence, NTT Data Group's Days Payable for the three months ended in Dec. 2023 was 93.70.

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

TSE:9613' s Days Payable Range Over the Past 10 Years
Min: 32.1   Med: 64.12   Max: 97.07
Current: 97.07

During the past 13 years, NTT Data Group's highest Days Payable was 97.07. The lowest was 32.10. And the median was 64.12.

TSE:9613's Days Payable is ranked better than
68.81% of 2523 companies
in the Software industry
Industry Median: 51.26 vs TSE:9613: 97.07

NTT Data Group's Days Payable increased from Dec. 2022 (73.31) to Dec. 2023 (93.70). It may suggest that NTT Data Group delayed paying its suppliers.


NTT Data Group Days Payable Historical Data

The historical data trend for NTT Data 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.

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NTT Data Group Days Payable Chart

NTT Data Group 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 75.19 77.38 81.93 85.73 93.80

NTT Data 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 73.31 94.48 103.91 98.45 93.70

Competitive Comparison of NTT Data Group's Days Payable

For the Information Technology Services subindustry, NTT Data 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.


NTT Data Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, NTT Data Group's Days Payable distribution charts can be found below:

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



NTT Data 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.

NTT Data Group'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
=( (462231 + 857632) / 2 ) / 2567948*365
=659931.5 / 2567948*365
=93.80

NTT Data 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
=( (818956 + 837446) / 2 ) / 806571*365 / 4
=828201 / 806571*365 / 4
=93.70

* 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.


NTT Data Group Days Payable Related Terms

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NTT Data Group (TSE:9613) Business Description

Traded in Other Exchanges
Address
Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, JPN, 135-6033
NTT Data Group Corp Formerly NTT Data Corp provides IT services to a wide range of business fields. The company's operations are divided into three segments: global, public and social infrastructure; enterprise and solutions; and financial. Each segment contributes approximately an even proportion of the company's revenue. The services the company provides include system integration by constructing systems tailored to individual customer needs, multiple Internet and computer network-based information and processing services, consulting that evaluates customers' management issues, system support for large-scale systems, and new IT-based business models. The company is based in Japan but has a global presence.

NTT Data Group (TSE:9613) Headlines

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