GDEP Advance (TSE:5885) Days Payable : 26.85 (As of Feb. 2024)

View and export this data going back to 2023. Start your Free Trial

What is GDEP Advance Days Payable?

GDEP Advance's average Accounts Payable for the three months ended in Feb. 2024 was 円319 Mil. GDEP Advance's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,084 Mil. Hence, GDEP Advance's Days Payable for the three months ended in Feb. 2024 was 26.85.

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

TSE:5885' s Days Payable Range Over the Past 10 Years
Min: 8.11 Med: 8.47 Max: 26.23
Current: 26.23

During the past 3 years, GDEP Advance's highest Days Payable was 26.23. The lowest was 8.11. And the median was 8.47.

TSE:5885's Days Payable is ranked worse than
91.04% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs TSE:5885: 26.23

GDEP Advance's Days Payable increased from Feb. 2023 (0.00) to Feb. 2024 (26.85). It may suggest that GDEP Advance delayed paying its suppliers.

GDEP Advance Days Payable Historical Data

The historical data trend for GDEP Advance'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.

GDEP Advance Days Payable Chart

GDEP Advance Annual Data

Trend

May21

May22

May23

Days Payable

8.11

8.47

12.60

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial			-	19.68	23.77	21.74	26.85

Competitive Comparison of GDEP Advance's Days Payable

For the Computer Hardware subindustry, GDEP Advance'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.

GDEP Advance's Days Payable Distribution in the Hardware Industry

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

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

GDEP Advance 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.

GDEP Advance's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (64.242	+	134.347)	/	2 )	/	2877.098	*	365
=	99.2945					/	2877.098	*	365
=	12.60

GDEP Advance's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (308.369	+	329.744)	/	2 )	/	1084.48	*	365 / 4
=	319.0565					/	1084.48	*	365 / 4
=	26.85

GDEP Advance Days Payable Related Terms

Thank you for viewing the detailed overview of GDEP Advance's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

GDEP Advance (TSE:5885) Headlines

No Headlines