Alue Co (TSE:7043) Days Payable : 12.18 (As of Mar. 2024)

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What is Alue Co Days Payable?

Alue Co's average Accounts Payable for the three months ended in Mar. 2024 was 円35 Mil. Alue Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円263 Mil. Hence, Alue Co's Days Payable for the three months ended in Mar. 2024 was 12.18.

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

TSE:7043' s Days Payable Range Over the Past 10 Years
Min: 10.38 Med: 12.26 Max: 16.06
Current: 12.05

During the past 8 years, Alue Co's highest Days Payable was 16.06. The lowest was 10.38. And the median was 12.26.

TSE:7043's Days Payable is ranked worse than
88.07% of 922 companies
in the Business Services industry
Industry Median: 47.92 vs TSE:7043: 12.05

Alue Co's Days Payable declined from Mar. 2023 (16.12) to Mar. 2024 (12.18). It may suggest that Alue Co accelerated paying its suppliers.

Alue Co Days Payable Historical Data

The historical data trend for Alue Co'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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Alue Co Days Payable Chart

Alue Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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10.38

12.57

12.10

16.06

14.31

Alue Co 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															16.12	11.91	15.22	11.32	12.18

Competitive Comparison of Alue Co's Days Payable

For the Staffing & Employment Services subindustry, Alue Co'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.

Alue Co's Days Payable Distribution in the Business Services Industry

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

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

Alue Co 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.

Alue Co'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
=	( (52.983	+	38.483)	/	2 )	/	1166.45	*	365
=	45.733					/	1166.45	*	365
=	14.31

Alue Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (38.483	+	31.794)	/	2 )	/	263.165	*	365 / 4
=	35.1385					/	263.165	*	365 / 4
=	12.18

Alue Co Days Payable Related Terms

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Alue Co (TSE:7043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Alue Co Ltd (TSE:7043) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hulic Kudan Building, Marketing Department, 2th Floor, Kudankita, Chiyoda-Ku, Tokyo, JPN, 102-0073

Website

https://www.alue.co.jp

Alue Co Ltd is an Human resource development company. It is primarily engaged in global human resources development, employee training and HR consulting services. It offers services in IT, manufacturing, and financial fields.

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