Synclayer (TSE:1724) Days Payable : 66.98 (As of Dec. 2023)

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What is Synclayer Days Payable?

Synclayer's average Accounts Payable for the three months ended in Dec. 2023 was 円1,696 Mil. Synclayer's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,310 Mil. Hence, Synclayer's Days Payable for the three months ended in Dec. 2023 was 66.98.

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

TSE:1724' s Days Payable Range Over the Past 10 Years
Min: 31.19 Med: 79.74 Max: 92.52
Current: 67.71

During the past 13 years, Synclayer's highest Days Payable was 92.52. The lowest was 31.19. And the median was 79.74.

TSE:1724's Days Payable is ranked worse than
50.27% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs TSE:1724: 67.71

Synclayer's Days Payable declined from Dec. 2022 (81.70) to Dec. 2023 (66.98). It may suggest that Synclayer accelerated paying its suppliers.

Synclayer Days Payable Historical Data

The historical data trend for Synclayer'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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Synclayer Days Payable Chart

Synclayer Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.86

86.31

84.82

92.52

92.42

Synclayer 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															81.70	65.58	54.40	57.49	66.98

Competitive Comparison of Synclayer's Days Payable

For the Communication Equipment subindustry, Synclayer'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.

Synclayer's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Synclayer's Days Payable distribution charts can be found below:

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

Synclayer 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.

Synclayer'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
=	( (1800	+	2357)	/	2 )	/	8209	*	365
=	2078.5					/	8209	*	365
=	92.42

Synclayer'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
=	( (1034	+	2357)	/	2 )	/	2310	*	365 / 4
=	1695.5					/	2310	*	365 / 4
=	66.98

Synclayer Days Payable Related Terms

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Synclayer (TSE:1724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Synclayer Inc (TSE:1724) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-21-18 Chiyoda, Naka-ku, Nagoya, JPN

Website

http://www.synclayer.co.jp

Synclayer Inc is engaged in design, construction, maintenance and consultant related to cable television system, and information communication system, production, purchase and sale of cable television system equipment, information communication system equipment and their peripheral equipment, and provide information on introduction of cable television system, information communication system, and education and guidance.

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