Applied Co (TSE:3020) Days Payable : 30.17 (As of Dec. 2023)

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What is Applied Co Days Payable?

Applied Co's average Accounts Payable for the three months ended in Dec. 2023 was 円2,843 Mil. Applied Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,600 Mil. Hence, Applied Co's Days Payable for the three months ended in Dec. 2023 was 30.17.

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

TSE:3020' s Days Payable Range Over the Past 10 Years
Min: 29.22 Med: 36.13 Max: 41.97
Current: 32.86

During the past 13 years, Applied Co's highest Days Payable was 41.97. The lowest was 29.22. And the median was 36.13.

TSE:3020's Days Payable is ranked worse than
85.21% of 2421 companies
in the Hardware industry
Industry Median: 67.87 vs TSE:3020: 32.86

Applied Co's Days Payable declined from Dec. 2022 (31.85) to Dec. 2023 (30.17). It may suggest that Applied Co accelerated paying its suppliers.

Applied Co Days Payable Historical Data

The historical data trend for Applied Co'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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Applied Co Days Payable Chart

Applied Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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40.10

41.97

32.94

29.22

36.88

Applied Co 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															31.85	30.99	37.78	31.24	30.17

Competitive Comparison of Applied Co's Days Payable

For the Electronics & Computer Distribution subindustry, Applied Co'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.

Applied Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Applied Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Applied Co's Days Payable falls into.

Applied Co 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.

Applied Co'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
=	( (2840	+	3219)	/	2 )	/	29981	*	365
=	3029.5					/	29981	*	365
=	36.88

Applied Co'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
=	( (2534	+	3152)	/	2 )	/	8600	*	365 / 4
=	2843					/	8600	*	365 / 4
=	30.17

Applied Co Days Payable Related Terms

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Applied Co (TSE:3020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Applied Co Ltd (TSE:3020) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-1 Higashi-Hie, Hakata-ku, Fukuoka, JPN, 812-0007

Website

http://www.applied-g.jp

Applied Co Ltd is engaged in contract development and maintenance of work WEB system, digital development content development for consumers, operation of game shop, purchase and sale of used handsets, planning and development of technical service, and contract production of OEM products.

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