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R&D Computer Co (TSE:3924) Days Payable : 22.96 (As of Dec. 2023)


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What is R&D Computer Co Days Payable?

R&D Computer Co's average Accounts Payable for the three months ended in Dec. 2023 was 円662 Mil. R&D Computer Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,632 Mil. Hence, R&D Computer Co's Days Payable for the three months ended in Dec. 2023 was 22.96.

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

TSE:3924' s Days Payable Range Over the Past 10 Years
Min: 18.25   Med: 20.89   Max: 31.95
Current: 20.59

During the past 9 years, R&D Computer Co's highest Days Payable was 31.95. The lowest was 18.25. And the median was 20.89.

TSE:3924's Days Payable is ranked worse than
78.95% of 2527 companies
in the Software industry
Industry Median: 50.45 vs TSE:3924: 20.59

R&D Computer Co's Days Payable increased from Dec. 2022 (21.09) to Dec. 2023 (22.96). It may suggest that R&D Computer Co delayed paying its suppliers.


R&D Computer Co Days Payable Historical Data

The historical data trend for R&D Computer 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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R&D Computer Co Days Payable Chart

R&D Computer Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only 18.97 20.89 21.91 20.16 19.64

R&D Computer 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.09 18.14 21.87 18.35 22.96

Competitive Comparison of R&D Computer Co's Days Payable

For the Information Technology Services subindustry, R&D Computer 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.


R&D Computer Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, R&D Computer Co's Days Payable distribution charts can be found below:

* The bar in red indicates where R&D Computer Co's Days Payable falls into.



R&D Computer 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.

R&D Computer 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
=( (437.392 + 538.846) / 2 ) / 9073.132*365
=488.119 / 9073.132*365
=19.64

R&D Computer 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
=( (588.64 + 735.431) / 2 ) / 2631.556*365 / 4
=662.0355 / 2631.556*365 / 4
=22.96

* 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.


R&D Computer Co Days Payable Related Terms

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R&D Computer Co (TSE:3924) Business Description

Traded in Other Exchanges
N/A
Address
Shibaura, No. 4-chome 13th 23 MS Shibaura Building, Minato-ku, Tokyo, JPN, 108-0023
R&D Computer Co Ltd is an independent system integrator. The Company also provides infrastructure solutions, package solutions, and cloud solutions. It also provides cloud solution, embedded, control system.

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