Secure (TSE:4264) Days Payable : 43.72 (As of Dec. 2023)

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What is Secure Days Payable?

Secure's average Accounts Payable for the three months ended in Dec. 2023 was 円426 Mil. Secure's Cost of Goods Sold for the three months ended in Dec. 2023 was 円890 Mil. Hence, Secure's Days Payable for the three months ended in Dec. 2023 was 43.72.

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

TSE:4264' s Days Payable Range Over the Past 10 Years
Min: 32.75 Med: 36.9 Max: 46.48
Current: 46.48

During the past 4 years, Secure's highest Days Payable was 46.48. The lowest was 32.75. And the median was 36.90.

TSE:4264's Days Payable is ranked worse than
51.14% of 923 companies
in the Business Services industry
Industry Median: 47.39 vs TSE:4264: 46.48

Secure's Days Payable increased from Dec. 2022 (35.07) to Dec. 2023 (43.72). It may suggest that Secure delayed paying its suppliers.

Secure Days Payable Historical Data

The historical data trend for Secure'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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Secure Days Payable Chart

Secure Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

37.39

36.41

40.93

32.75

Secure Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial						35.07	36.76	61.06	63.42	43.72

Competitive Comparison of Secure's Days Payable

For the Security & Protection Services subindustry, Secure'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.

Secure's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Secure's Days Payable distribution charts can be found below:

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

Secure 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.

Secure'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
=	( (227.23	+	342.586)	/	2 )	/	3175.098	*	365
=	284.908					/	3175.098	*	365
=	32.75

Secure'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
=	( (510.04	+	342.586)	/	2 )	/	889.694	*	365 / 4
=	426.313					/	889.694	*	365 / 4
=	43.72

Secure Days Payable Related Terms

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Secure (TSE:4264) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Secure Inc (TSE:4264) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

Q58:Germany

Address

2-6-1 Nishishinjuku, 20F Shinjuku-Sumitomo Building, Shinjuku-ku, Tokyo, JPN, 163-0220

Website

https://www.secureinc.co.jp

Secure Inc provides access control and surveillance camera systems for corporate service.

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