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Adways (Adways) Days Payable : 1,235.48 (As of Mar. 2024)


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What is Adways Days Payable?

Adways's average Accounts Payable for the three months ended in Mar. 2024 was $53.32 Mil. Adways's Cost of Goods Sold for the three months ended in Mar. 2024 was $3.94 Mil. Hence, Adways's Days Payable for the three months ended in Mar. 2024 was 1,235.48.

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

ADWYF' s Days Payable Range Over the Past 10 Years
Min: 51.82   Med: 57.42   Max: 1236.45
Current: 1065.74

During the past 13 years, Adways's highest Days Payable was 1236.45. The lowest was 51.82. And the median was 57.42.

ADWYF's Days Payable is ranked better than
93.56% of 435 companies
in the Interactive Media industry
Industry Median: 61.44 vs ADWYF: 1065.74

Adways's Days Payable declined from Mar. 2023 (1,267.63) to Mar. 2024 (1,235.48). It may suggest that Adways accelerated paying its suppliers.


Adways Days Payable Historical Data

The historical data trend for Adways'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.

Adways Days Payable Chart

Adways Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.06 53.20 57.07 67.99 1,401.87

Adways Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,267.63 1,086.19 1,145.41 891.72 1,235.48

Competitive Comparison of Adways's Days Payable

For the Internet Content & Information subindustry, Adways'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.


Adways's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Adways's Days Payable distribution charts can be found below:

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



Adways 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.

Adways's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (90.233 + 58.334) / 2 ) / 19.341*365
=74.2835 / 19.341*365
=1,401.87

Adways'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
=( (54.224 + 52.413) / 2 ) / 3.938*365 / 4
=53.3185 / 3.938*365 / 4
=1,235.48

* 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.


Adways Days Payable Related Terms

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Adways (Adways) Business Description

Traded in Other Exchanges
Address
Sumitomo Fudousan Shinjuku OakTower 4th floor, Tokyo, JPN
Adways Inc engages in the provision of advertising services. It also deals with mobile applications and contents development for media advertising. Its operations include advertising business, applications and media business, overseas business. The advertising business covers primarily internet advertisements. The applications and media business develops and manages smartphone applications and media contents. The overseas business offers internet marketing services overseas.

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