Create Restaurants Holdings (TSE:3387) Days Payable : 38.15 (As of Feb. 2024)

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What is Create Restaurants Holdings Days Payable?

Create Restaurants Holdings's average Accounts Payable for the three months ended in Feb. 2024 was 円4,478 Mil. Create Restaurants Holdings's Cost of Goods Sold for the three months ended in Feb. 2024 was 円10,711 Mil. Hence, Create Restaurants Holdings's Days Payable for the three months ended in Feb. 2024 was 38.15.

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

TSE:3387' s Days Payable Range Over the Past 10 Years
Min: 28.01 Med: 39.78 Max: 65.2
Current: 42.08

During the past 13 years, Create Restaurants Holdings's highest Days Payable was 65.20. The lowest was 28.01. And the median was 39.78.

TSE:3387's Days Payable is ranked better than
55% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs TSE:3387: 42.08

Create Restaurants Holdings's Days Payable declined from Feb. 2023 (42.20) to Feb. 2024 (38.15). It may suggest that Create Restaurants Holdings accelerated paying its suppliers.

Create Restaurants Holdings Days Payable Historical Data

The historical data trend for Create Restaurants 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.

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Create Restaurants Holdings Days Payable Chart

Create Restaurants Holdings Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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44.24

65.20

37.38

36.21

38.89

Create Restaurants Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															42.20	42.27	46.47	44.76	38.15

Competitive Comparison of Create Restaurants Holdings's Days Payable

For the Restaurants subindustry, Create Restaurants 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.

Create Restaurants Holdings's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Create Restaurants Holdings's Days Payable distribution charts can be found below:

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

Create Restaurants 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.

Create Restaurants Holdings's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (4538	+	4398)	/	2 )	/	41934	*	365
=	4468					/	41934	*	365
=	38.89

Create Restaurants Holdings'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
=	( (4557	+	4398)	/	2 )	/	10711	*	365 / 4
=	4477.5					/	10711	*	365 / 4
=	38.15

Create Restaurants Holdings Days Payable Related Terms

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Create Restaurants Holdings (TSE:3387) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Create Restaurants Holdings Inc (TSE:3387) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-10-18 Higashigotanda, Shinagawa-ku, Tokyo, JPN, 141-0022

Website

http://www.createrestaurants.com

Create Restaurants Holdings Inc develops, manages, and franchises a variety of food-service brands and formats that fall into categories ranging from casual food courts and ramen to Japanese-style bars and dinnertime restaurants. The company has nearly 800 restaurants operating under nearly 200 different brands that typically offer Japanese, Western, or Chinese cuisines. The vast majority of the company's revenue is generated in Japan. Some of the company's notable brands are Isomaru-Suisan, Kissho, Tanto Tanto, Tsukemen Tetsu, and Hina Sushi.

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