Digital Garage (STU:DGK) Days Payable : 1,612.31 (As of Mar. 2024)

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What is Digital Garage Days Payable?

Digital Garage's average Accounts Payable for the three months ended in Mar. 2024 was €310.7 Mil. Digital Garage's Cost of Goods Sold for the three months ended in Mar. 2024 was €17.6 Mil. Hence, Digital Garage's Days Payable for the three months ended in Mar. 2024 was 1,612.31.

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

STU:DGK' s Days Payable Range Over the Past 10 Years
Min: 25.9 Med: 1454.91 Max: 1677.41
Current: 1634.55

During the past 13 years, Digital Garage's highest Days Payable was 1677.41. The lowest was 25.90. And the median was 1454.91.

STU:DGK's Days Payable is ranked better than
96.88% of 2533 companies
in the Software industry
Industry Median: 50.13 vs STU:DGK: 1634.55

Digital Garage's Days Payable declined from Mar. 2023 (1,990.47) to Mar. 2024 (1,612.31). It may suggest that Digital Garage accelerated paying its suppliers.

Digital Garage Days Payable Historical Data

The historical data trend for Digital Garage'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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Digital Garage Days Payable Chart

Digital Garage Annual Data

Trend

Jun15

Jun16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1,282.62

1,445.52

1,461.27

1,753.48

1,678.45

Digital Garage Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															1,990.47	1,739.66	1,664.21	1,715.16	1,612.31

Competitive Comparison of Digital Garage's Days Payable

For the Information Technology Services subindustry, Digital Garage'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.

Digital Garage's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Digital Garage's Days Payable falls into.

Digital Garage 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.

Digital Garage's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (341.536	+	261.4)	/	2 )	/	65.558	*	365
=	301.468					/	65.558	*	365
=	1,678.45

Digital Garage's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (360.096	+	261.4)	/	2 )	/	17.587	*	365 / 4
=	310.748					/	17.587	*	365 / 4
=	1,612.31

Digital Garage Days Payable Related Terms

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Digital Garage (STU:DGK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Garage Inc (STU:DGK) » Definitions » Days Payable

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Traded in Other Exchanges

DLGEF:USA 4819:Japan

Address

Daikanyama DG Bldg., Tokyo, JPN

Website

http://www.garage.co.jp

Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.

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