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Laboro AI (TSE:5586) Days Payable : 7.18 (As of Mar. 2024)


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What is Laboro AI Days Payable?

Laboro AI's average Accounts Payable for the three months ended in Mar. 2024 was 円10 Mil. Laboro AI's Cost of Goods Sold for the three months ended in Mar. 2024 was 円129 Mil. Hence, Laboro AI's Days Payable for the three months ended in Mar. 2024 was 7.18.

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

TSE:5586' s Days Payable Range Over the Past 10 Years
Min: 6.72   Med: 17.9   Max: 27.05
Current: 10.77

During the past 3 years, Laboro AI's highest Days Payable was 27.05. The lowest was 6.72. And the median was 17.90.

TSE:5586's Days Payable is ranked worse than
90.61% of 2535 companies
in the Software industry
Industry Median: 49.81 vs TSE:5586: 10.77

Laboro AI's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (7.18). It may suggest that Laboro AI delayed paying its suppliers.


Laboro AI Days Payable Historical Data

The historical data trend for Laboro AI'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.

Laboro AI Days Payable Chart

Laboro AI Annual Data
Trend Sep21 Sep22 Sep23
Days Payable
27.05 17.90 6.72

Laboro AI Quarterly Data
Sep21 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial - 14.20 10.65 7.84 7.18

Competitive Comparison of Laboro AI's Days Payable

For the Software - Infrastructure subindustry, Laboro AI'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.


Laboro AI's Days Payable Distribution in the Software Industry

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

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



Laboro AI 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.

Laboro AI's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (7.612 + 10.091) / 2 ) / 481.071*365
=8.8515 / 481.071*365
=6.72

Laboro AI's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (8.935 + 11.357) / 2 ) / 128.914*365 / 4
=10.146 / 128.914*365 / 4
=7.18

* 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.


Laboro AI Days Payable Related Terms

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Laboro AI (TSE:5586) Business Description

Traded in Other Exchanges
N/A
Address
8-11-1 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Laboro AI Inc is a Provider of developing business solutions using artificial intelligence technology intended to connect technology and business. The company also provides consulting services related to the utilization of artificial intelligence which includes planning, introduction, and execution support for AI utilization.

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