Comture (TSE:3844) Days Payable : 21.54 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Comture Days Payable?

Comture's average Accounts Payable for the three months ended in Dec. 2023 was 円1,533 Mil. Comture's Cost of Goods Sold for the three months ended in Dec. 2023 was 円6,493 Mil. Hence, Comture's Days Payable for the three months ended in Dec. 2023 was 21.54.

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

TSE:3844' s Days Payable Range Over the Past 10 Years
Min: 18.4 Med: 22.72 Max: 29.72
Current: 22.46

During the past 13 years, Comture's highest Days Payable was 29.72. The lowest was 18.40. And the median was 22.72.

TSE:3844's Days Payable is ranked worse than
76.04% of 2533 companies
in the Software industry
Industry Median: 50.13 vs TSE:3844: 22.46

Comture's Days Payable increased from Dec. 2022 (21.36) to Dec. 2023 (21.54). It may suggest that Comture delayed paying its suppliers.

Comture Days Payable Historical Data

The historical data trend for Comture'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.

* Premium members only.

Comture Days Payable Chart

Comture Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

21.49

21.94

21.91

23.58

24.54

Comture 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															23.44	22.94	20.34	21.54	23.03

Competitive Comparison of Comture's Days Payable

For the Information Technology Services subindustry, Comture'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.

Comture's Days Payable Distribution in the Software Industry

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

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

Comture 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.

Comture'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
=	( (1670	+	1871)	/	2 )	/	26333	*	365
=	1770.5					/	26333	*	365
=	24.54

Comture'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
=	( (1530	+	1535)	/	2 )	/	6493	*	365 / 4
=	1532.5					/	6493	*	365 / 4
=	21.54

Comture Days Payable Related Terms

Thank you for viewing the detailed overview of Comture's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Comture (TSE:3844) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Comture Corp (TSE:3844) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11-2 Osaki, Gate City Osaki East Tower, 8th-9th Floor, Shinagawa-ku, Tokyo, JPN, 141-0032

Website

http://www.comture.com

Comture Corp is a Japan-based company engaged in providing information processing services and information technology business solutions. Its offerings include business groupware solutions, ERP business solutions, web solutions, network services, infrastructure construction service, financial solutions and others.

Comture (TSE:3844) Headlines

No Headlines