Double Standard (TSE:3925) Days Payable : 30.38 (As of Dec. 2023)

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What is Double Standard Days Payable?

Double Standard's average Accounts Payable for the three months ended in Dec. 2023 was 円315 Mil. Double Standard's Cost of Goods Sold for the three months ended in Dec. 2023 was 円946 Mil. Hence, Double Standard's Days Payable for the three months ended in Dec. 2023 was 30.38.

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

TSE:3925' s Days Payable Range Over the Past 10 Years
Min: 27.43 Med: 33.92 Max: 61.7
Current: 28.21

During the past 9 years, Double Standard's highest Days Payable was 61.70. The lowest was 27.43. And the median was 33.92.

TSE:3925's Days Payable is ranked worse than
69.22% of 2531 companies
in the Software industry
Industry Median: 50.36 vs TSE:3925: 28.21

Double Standard's Days Payable increased from Dec. 2022 (29.99) to Dec. 2023 (30.38). It may suggest that Double Standard delayed paying its suppliers.

Double Standard Days Payable Historical Data

The historical data trend for Double Standard'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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Double Standard Days Payable Chart

Double Standard Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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30.50

33.27

36.67

27.43

30.93

Double Standard 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															29.99	25.98	29.93	27.08	30.38

Competitive Comparison of Double Standard's Days Payable

For the Information Technology Services subindustry, Double Standard'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.

Double Standard's Days Payable Distribution in the Software Industry

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

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

Double Standard 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.

Double Standard'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
=	( (357.946	+	311.507)	/	2 )	/	3949.773	*	365
=	334.7265					/	3949.773	*	365
=	30.93

Double Standard'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
=	( (313.122	+	316.788)	/	2 )	/	946.122	*	365 / 4
=	314.955					/	946.122	*	365 / 4
=	30.38

Double Standard Days Payable Related Terms

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Double Standard (TSE:3925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Double Standard Inc (TSE:3925) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-3 Akasaka, 4th Floor, Sumitomo Life Akasaka Building, Minato-ku, Tokyo, JPN, 107-0052

Website

http://www.double-std.com

Double Standard Inc is a business support company, engages in the generation and provision of enterprise big data. It also provides service planning and system development services using technology developed in the data generation process. The company operates through two business divisions: Big Data related business and the Services Planning Development business. The Big Data related business mainly provides customers the data related to the operation support and business reduction, as well as the high utilization value content, among others. The Services Planning Development business mainly provides services based on the research of the way of customer and enterprise business process, using the information collection, processing and matching, as well as the data cleansing technology.

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