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Pacific Systems (TSE:3847) Days Payable : 34.67 (As of Dec. 2023)


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What is Pacific Systems Days Payable?

Pacific Systems's average Accounts Payable for the three months ended in Dec. 2023 was 円787 Mil. Pacific Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,072 Mil. Hence, Pacific Systems's Days Payable for the three months ended in Dec. 2023 was 34.67.

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

TSE:3847' s Days Payable Range Over the Past 10 Years
Min: 35.62   Med: 43.37   Max: 68.09
Current: 35.62

During the past 13 years, Pacific Systems's highest Days Payable was 68.09. The lowest was 35.62. And the median was 43.37.

TSE:3847's Days Payable is ranked worse than
60.9% of 2527 companies
in the Software industry
Industry Median: 49.58 vs TSE:3847: 35.62

Pacific Systems's Days Payable increased from Dec. 2022 (31.63) to Dec. 2023 (34.67). It may suggest that Pacific Systems delayed paying its suppliers.


Pacific Systems Days Payable Historical Data

The historical data trend for Pacific Systems'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.

Pacific Systems Days Payable Chart

Pacific Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.54 40.96 68.09 62.12 41.61

Pacific Systems 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 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 31.63 32.82 39.50 37.16 34.67

Competitive Comparison of Pacific Systems's Days Payable

For the Information Technology Services subindustry, Pacific Systems'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.


Pacific Systems's Days Payable Distribution in the Software Industry

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

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



Pacific Systems 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.

Pacific Systems'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
=( (779.383 + 848.098) / 2 ) / 7137.95*365
=813.7405 / 7137.95*365
=41.61

Pacific Systems'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
=( (771.648 + 802.904) / 2 ) / 2072.006*365 / 4
=787.276 / 2072.006*365 / 4
=34.67

* 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.


Pacific Systems Days Payable Related Terms

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Pacific Systems (TSE:3847) Business Description

Traded in Other Exchanges
N/A
Address
8-4-19 Tajima, Sakura-ku, Saitama Prefecture, Saitama, JPN
Pacific Systems Corp provides system integration services. It provides consulting services, system design and computer software development. It also operates data centers, which provide outsourcing, and training services for computer schools.

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