Nextgen (TSE:3842) Days Payable : 43.45 (As of Dec. 2023)

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What is Nextgen Days Payable?

Nextgen's average Accounts Payable for the three months ended in Dec. 2023 was 円217 Mil. Nextgen's Cost of Goods Sold for the three months ended in Dec. 2023 was 円456 Mil. Hence, Nextgen's Days Payable for the three months ended in Dec. 2023 was 43.45.

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

TSE:3842' s Days Payable Range Over the Past 10 Years
Min: 39.07 Med: 59.2 Max: 89.61
Current: 39.07

During the past 13 years, Nextgen's highest Days Payable was 89.61. The lowest was 39.07. And the median was 59.20.

TSE:3842's Days Payable is ranked worse than
80.35% of 346 companies
in the Telecommunication Services industry
Industry Median: 101.86 vs TSE:3842: 39.07

Nextgen's Days Payable declined from Dec. 2022 (56.40) to Dec. 2023 (43.45). It may suggest that Nextgen accelerated paying its suppliers.

Nextgen Days Payable Historical Data

The historical data trend for Nextgen'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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Nextgen Days Payable Chart

Nextgen Annual Data

Trend

Dec13

Dec14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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57.88

80.20

89.61

42.30

50.21

Nextgen 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															56.40	30.13	47.83	44.20	43.45

Competitive Comparison of Nextgen's Days Payable

For the Telecom Services subindustry, Nextgen'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.

Nextgen's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nextgen's Days Payable distribution charts can be found below:

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

Nextgen 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.

Nextgen'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
=	( (253.271	+	270.966)	/	2 )	/	1905.386	*	365
=	262.1185					/	1905.386	*	365
=	50.21

Nextgen'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
=	( (249.83	+	184.634)	/	2 )	/	456.232	*	365 / 4
=	217.232					/	456.232	*	365 / 4
=	43.45

Nextgen Days Payable Related Terms

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Nextgen (TSE:3842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nextgen Inc (TSE:3842) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-27-6 Shirokane, Minatoku, Shirokane-takanawa Station Building, 6th floor, Tokyo, JPN, 108-0072

Website

http://www.nextgen.co.jp

Nextgen, Inc., is engaged in providing software & hardware solutions on Internet protocol telephone system for telecommunication carriers. It has three business segments: Communication system solution; Security solution; Cloud and smartphone solutions. Communication system solution provides carrier-grade SIP/VoIP systems to telecommunication carriers; security solution provides protection consultations.

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