Geolocation Technology (FSE:4018) Days Payable : 2.93 (As of Dec. 2023)

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What is Geolocation Technology Days Payable?

Geolocation Technology's average Accounts Payable for the three months ended in Dec. 2023 was 円2.3 Mil. Geolocation Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was 円73.2 Mil. Hence, Geolocation Technology's Days Payable for the three months ended in Dec. 2023 was 2.93.

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

FSE:4018' s Days Payable Range Over the Past 10 Years
Min: 3.5 Med: 5.52 Max: 6.75
Current: 3.5

During the past 5 years, Geolocation Technology's highest Days Payable was 6.75. The lowest was 3.50. And the median was 5.52.

FSE:4018's Days Payable is ranked worse than
97.04% of 2532 companies
in the Software industry
Industry Median: 50.275 vs FSE:4018: 3.50

Geolocation Technology's Days Payable declined from Dec. 2022 (4.05) to Dec. 2023 (2.93). It may suggest that Geolocation Technology accelerated paying its suppliers.

Geolocation Technology Days Payable Historical Data

The historical data trend for Geolocation Technology'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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Geolocation Technology Days Payable Chart

Geolocation Technology Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

6.75

5.02

5.52

6.41

4.26

Geolocation Technology Quarterly Data
	Jun19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										4.05	3.90	4.35	3.00	2.93

Competitive Comparison of Geolocation Technology's Days Payable

For the Information Technology Services subindustry, Geolocation Technology'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.

Geolocation Technology's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Geolocation Technology's Days Payable falls into.

Geolocation Technology 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.

Geolocation Technology's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (3.981	+	2.376)	/	2 )	/	272.059	*	365
=	3.1785					/	272.059	*	365
=	4.26

Geolocation Technology'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
=	( (2.048	+	2.65)	/	2 )	/	73.174	*	365 / 4
=	2.349					/	73.174	*	365 / 4
=	2.93

Geolocation Technology Days Payable Related Terms

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Geolocation Technology (FSE:4018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Geolocation Technology Inc (FSE:4018) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18-22 Ichibancho, Mishima, Shizuoka, JPN, 411-0036

Website

https://www.geolocation.co.jp

Geolocation Technology Inc is engaged in the development of application services based on SURFPOINT, the data base of IP addresses. It is primarily involved in intellectual property geolocation business, Ad Tech business, IP address transfer business, web content production business, web marketing business and others.

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