Forval Telecom (TSE:9445) Days Payable : 52.56 (As of Dec. 2023)

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What is Forval Telecom Days Payable?

Forval Telecom's average Accounts Payable for the three months ended in Dec. 2023 was 円2,508 Mil. Forval Telecom's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,355 Mil. Hence, Forval Telecom's Days Payable for the three months ended in Dec. 2023 was 52.56.

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

TSE:9445' s Days Payable Range Over the Past 10 Years
Min: 50.78 Med: 54.32 Max: 57.34
Current: 54.4

During the past 13 years, Forval Telecom's highest Days Payable was 57.34. The lowest was 50.78. And the median was 54.32.

TSE:9445's Days Payable is ranked worse than
72.25% of 346 companies
in the Telecommunication Services industry
Industry Median: 101.86 vs TSE:9445: 54.40

Forval Telecom's Days Payable declined from Dec. 2022 (58.98) to Dec. 2023 (52.56). It may suggest that Forval Telecom accelerated paying its suppliers.

Forval Telecom Days Payable Historical Data

The historical data trend for Forval Telecom'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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Forval Telecom Days Payable Chart

Forval Telecom Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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55.59

56.62

54.41

57.34

53.05

Forval Telecom 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															58.98	54.03	62.58	47.11	52.56

Competitive Comparison of Forval Telecom's Days Payable

For the Telecom Services subindustry, Forval Telecom'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.

Forval Telecom's Days Payable Distribution in the Telecommunication Services Industry

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

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

Forval Telecom 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.

Forval Telecom'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
=	( (2605.77	+	3062.167)	/	2 )	/	19498.596	*	365
=	2833.9685					/	19498.596	*	365
=	53.05

Forval Telecom'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
=	( (2539.057	+	2477.635)	/	2 )	/	4355.033	*	365 / 4
=	2508.346					/	4355.033	*	365 / 4
=	52.56

Forval Telecom Days Payable Related Terms

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Forval Telecom (TSE:9445) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Forval Telecom Inc (TSE:9445) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

3-26, Kanda-Nishikicho, HitotsubashiSI Bldg. 2F, Chiyoda-ku, Tokyo, JPN, 101-0054

Website

http://www.forvaltel.co.jp

Forval Telecom Inc provides telecommunications communication services and management consulting services in Japan. It provides discount international and domestic telephone and cellular phone services for the business and private sectors. It is also involved in the security certification acquisition consulting business.

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