V-cube (FRA:VCU) Days Payable : 23.17 (As of Dec. 2023)

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What is V-cube Days Payable?

V-cube's average Accounts Payable for the three months ended in Dec. 2023 was €2.91 Mil. V-cube's Cost of Goods Sold for the three months ended in Dec. 2023 was €11.45 Mil. Hence, V-cube's Days Payable for the three months ended in Dec. 2023 was 23.17.

The historical rank and industry rank for V-cube's Days Payable or its related term are showing as below:

FRA:VCU' s Days Payable Range Over the Past 10 Years
Min: 24.39 Med: 32.08 Max: 46.2
Current: 26.72

During the past 12 years, V-cube's highest Days Payable was 46.20. The lowest was 24.39. And the median was 32.08.

FRA:VCU's Days Payable is ranked worse than
71.12% of 2528 companies
in the Software industry
Industry Median: 50.545 vs FRA:VCU: 26.72

V-cube's Days Payable increased from Dec. 2022 (20.96) to Dec. 2023 (23.17). It may suggest that V-cube delayed paying its suppliers.

V-cube Days Payable Historical Data

The historical data trend for V-cube'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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V-cube Days Payable Chart

V-cube Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.05

29.74

29.98

29.53

31.78

V-cube 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															20.96	28.29	31.00	22.56	23.17

Competitive Comparison of V-cube's Days Payable

For the Software - Application subindustry, V-cube'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.

V-cube's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, V-cube's Days Payable distribution charts can be found below:

* The bar in red indicates where V-cube's Days Payable falls into.

V-cube 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.

V-cube'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
=	( (3.46	+	3.688)	/	2 )	/	41.049	*	365
=	3.574					/	41.049	*	365
=	31.78

V-cube'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
=	( (2.125	+	3.688)	/	2 )	/	11.448	*	365 / 4
=	2.9065					/	11.448	*	365 / 4
=	23.17

V-cube Days Payable Related Terms

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V-cube (FRA:VCU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » V-cube Inc (FRA:VCU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3681:Japan

Address

Nakameguro GT Tower 20F, Kamimeguro 2-1-1, Tokyo, JPN, 153-0051

Website

http://jp.vcube.com

V-cube Inc operates in three segments, namely Event DX, Third Place DX, and Enterprise DX. Event DX Business includes remoting events in various fields; and Product provision, operational design, direction operation, log analysis, and other operational support. Third Place DX Business includes providing Telecube to companies and the public sector; and Higher value-added Telecube and development and deployment of third-place management and operation system. Enterprise DX business includes remote communication products for internal and external companies; and development, provision, and operational support of industry/application-specific remote communication products using SDK and hardware.

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