GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sigmaxyz Holdings Inc (TSE:6088) » Definitions » Days Payable

Sigmaxyz Holdings (TSE:6088) Days Payable : 13.60 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Sigmaxyz Holdings Days Payable?

Sigmaxyz Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円484 Mil. Sigmaxyz Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,248 Mil. Hence, Sigmaxyz Holdings's Days Payable for the three months ended in Dec. 2023 was 13.60.

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

TSE:6088' s Days Payable Range Over the Past 10 Years
Min: 8.61   Med: 14.59   Max: 51.27
Current: 17.18

During the past 12 years, Sigmaxyz Holdings's highest Days Payable was 51.27. The lowest was 8.61. And the median was 14.59.

TSE:6088's Days Payable is ranked worse than
82.14% of 924 companies
in the Business Services industry
Industry Median: 47.74 vs TSE:6088: 17.18

Sigmaxyz Holdings's Days Payable increased from Dec. 2022 (7.95) to Dec. 2023 (13.60). It may suggest that Sigmaxyz Holdings delayed paying its suppliers.


Sigmaxyz Holdings Days Payable Historical Data

The historical data trend for Sigmaxyz Holdings'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.

Sigmaxyz Holdings Days Payable Chart

Sigmaxyz Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.14 12.11 8.83 8.61 15.87

Sigmaxyz Holdings 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 8.49 10.72 12.35 13.60 1,359.51

Competitive Comparison of Sigmaxyz Holdings's Days Payable

For the Specialty Business Services subindustry, Sigmaxyz Holdings'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.


Sigmaxyz Holdings's Days Payable Distribution in the Business Services Industry

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

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



Sigmaxyz Holdings 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.

Sigmaxyz Holdings's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (237.169 + 542.195) / 2 ) / 8960.024*365
=389.682 / 8960.024*365
=15.87

Sigmaxyz Holdings'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
=( (487.455 + 480.575) / 2 ) / 3247.572*365 / 4
=484.015 / 3247.572*365 / 4
=13.60

* 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.


Sigmaxyz Holdings Days Payable Related Terms

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


Sigmaxyz Holdings (TSE:6088) Business Description

Traded in Other Exchanges
N/A
Address
4-1-28 Toranomon, Minato-ku, Toranomon Towers Office, 9th Floor, Minato-ku, Tokyo, JPN, 105-0001
Sigmaxyz Holdings Inc provides consulting services to support corporate digital transformation. The company also provides business development, business investment, and management services.

Sigmaxyz Holdings (TSE:6088) Headlines

No Headlines