Asiro (TSE:7378) Days Payable : 46.58 (As of Jan. 2024)

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What is Asiro Days Payable?

Asiro's average Accounts Payable for the three months ended in Jan. 2024 was 円327 Mil. Asiro's Cost of Goods Sold for the three months ended in Jan. 2024 was 円640 Mil. Hence, Asiro's Days Payable for the three months ended in Jan. 2024 was 46.58.

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

TSE:7378' s Days Payable Range Over the Past 10 Years
Min: 30.82 Med: 35.35 Max: 51.84
Current: 42.25

During the past 6 years, Asiro's highest Days Payable was 51.84. The lowest was 30.82. And the median was 35.35.

TSE:7378's Days Payable is ranked better than
63.64% of 99 companies
in the Personal Services industry
Industry Median: 29.65 vs TSE:7378: 42.25

Asiro's Days Payable increased from Jan. 2023 (46.26) to Jan. 2024 (46.58). It may suggest that Asiro delayed paying its suppliers.

Asiro Days Payable Historical Data

The historical data trend for Asiro'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.

Asiro Days Payable Chart

Asiro Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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35.35

30.82

35.20

51.84

50.39

Asiro Quarterly Data
	Oct19	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial												46.26	38.18	36.28	44.65	46.58

Competitive Comparison of Asiro's Days Payable

For the Personal Services subindustry, Asiro'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.

Asiro's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Asiro's Days Payable distribution charts can be found below:

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

Asiro 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.

Asiro's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (231.988	+	304.024)	/	2 )	/	1941.274	*	365
=	268.006					/	1941.274	*	365
=	50.39

Asiro's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (304.024	+	348.996)	/	2 )	/	639.57	*	365 / 4
=	326.51					/	639.57	*	365 / 4
=	46.58

Asiro Days Payable Related Terms

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

Asiro (TSE:7378) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Asiro Inc (TSE:7378) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-7-6 Nishi-shinjuku, Shinjuku-ku, Tokyo, JPN, 160?0023

Website

https://asiro.co.jp

Asiro Inc is engaged in the operation of legal media sites connecting the lawyer industry and IT, and others.

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