Exceed World (Exceed World) Days Payable : 28.55 (As of Dec. 2023)

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What is Exceed World Days Payable?

Exceed World's average Accounts Payable for the three months ended in Dec. 2023 was $0.73 Mil. Exceed World's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.34 Mil. Hence, Exceed World's Days Payable for the three months ended in Dec. 2023 was 28.55.

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

EXDW' s Days Payable Range Over the Past 10 Years
Min: 17.99 Med: 49.91 Max: 65.7
Current: 24.82

During the past 8 years, Exceed World's highest Days Payable was 65.70. The lowest was 17.99. And the median was 49.91.

EXDW's Days Payable is not ranked
in the Education industry.
Industry Median: 35.9 vs EXDW: 24.82

Exceed World's Days Payable declined from Dec. 2022 (59.98) to Dec. 2023 (28.55). It may suggest that Exceed World accelerated paying its suppliers.

Exceed World Days Payable Historical Data

The historical data trend for Exceed World'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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Exceed World Days Payable Chart

Exceed World Annual Data

Trend

Nov15

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

65.70

35.50

36.63

51.00

49.91

Exceed World 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															59.98	23.93	24.54	22.64	28.55

Competitive Comparison of Exceed World's Days Payable

For the Education & Training Services subindustry, Exceed World'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.

Exceed World's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Exceed World's Days Payable distribution charts can be found below:

* The bar in red indicates where Exceed World's Days Payable falls into.

Exceed World 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.

Exceed World's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (2.91	+	0.642)	/	2 )	/	12.987	*	365
=	1.776					/	12.987	*	365
=	49.91

Exceed World'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
=	( (0.642	+	0.824)	/	2 )	/	2.343	*	365 / 4
=	0.733					/	2.343	*	365 / 4
=	28.55

Exceed World Days Payable Related Terms

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Exceed World (Exceed World) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Exceed World Inc (OTCPK:EXDW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-23-38-6th Floor, Esakacho, Suita-shi, Osaka, JPN, 564-0063

Website

Exceed World Inc is engaged in the education service business. The Company operates through its wholly owned subsidiaries, which are engaged in the provision of educational services through an internet platform called Force Club.

Executives

Tomoo Yoshida	director, 10 percent owner	1-23-38-8F, ESAKACHO, SUITA-SHI, OSAKA M0 00000
Force Internationale Ltd	10 percent owner	1-23-38-8F, ESAKACHO, SUITA-SHI, OSAKA M0 00000
Force International Holdings Ltd	10 percent owner	1-23-38-8F, ESAKACHO, SUITA-SHI, OSAKA M0 00000
Keiichi Koga	10 percent owner	1-23-38-6F, ESAKACHO, SUITA-SHI, OSAKA M0 00000
E-learning Laboratory Co., Ltd.	10 percent owner	1-23-38-8F, ESAKACHO, SUITA-SHI, OSAKA M0 00000

Exceed World (Exceed World) Headlines

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