Broad Enterprise Co (TSE:4415) Days Payable : 30.80 (As of Dec. 2023)

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What is Broad Enterprise Co Days Payable?

Broad Enterprise Co's average Accounts Payable for the three months ended in Dec. 2023 was 円249 Mil. Broad Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円739 Mil. Hence, Broad Enterprise Co's Days Payable for the three months ended in Dec. 2023 was 30.80.

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

TSE:4415' s Days Payable Range Over the Past 10 Years
Min: 39.75 Med: 58.5 Max: 67.68
Current: 43.7

During the past 5 years, Broad Enterprise Co's highest Days Payable was 67.68. The lowest was 39.75. And the median was 58.50.

TSE:4415's Days Payable is ranked worse than
77.75% of 346 companies
in the Telecommunication Services industry
Industry Median: 101.86 vs TSE:4415: 43.70

Broad Enterprise Co's Days Payable declined from Dec. 2022 (50.97) to Dec. 2023 (30.80). It may suggest that Broad Enterprise Co accelerated paying its suppliers.

Broad Enterprise Co Days Payable Historical Data

The historical data trend for Broad Enterprise 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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Broad Enterprise Co Days Payable Chart

Broad Enterprise Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

58.50

49.95

39.75

67.68

63.23

Broad Enterprise Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							50.97	76.48	31.93	31.70	30.80

Competitive Comparison of Broad Enterprise Co's Days Payable

For the Telecom Services subindustry, Broad Enterprise 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.

Broad Enterprise Co's Days Payable Distribution in the Telecommunication Services Industry

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

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

Broad Enterprise 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.

Broad Enterprise Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (397.491	+	333.767)	/	2 )	/	2110.602	*	365
=	365.629					/	2110.602	*	365
=	63.23

Broad Enterprise 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
=	( (165.159	+	333.767)	/	2 )	/	738.977	*	365 / 4
=	249.463					/	738.977	*	365 / 4
=	30.80

Broad Enterprise Co Days Payable Related Terms

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Broad Enterprise Co (TSE:4415) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Broad Enterprise Co Ltd (TSE:4415) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-15 Taiyuji-cho, 9th floor, Umeda East Building, Kita-ku, Osaka-shi, Osaka, JPN, 530-0051

Website

https://www.broad-e.co.jp

Broad Enterprise Co Ltd is engaged in the sales of high-speed Internet "B-CUBIC" for condominiums and sales of IoT intercom system "Brolock".

Broad Enterprise Co (TSE:4415) Headlines

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