FP Partner (TSE:7388) Days Payable : 38.28 (As of Feb. 2024)

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What is FP Partner Days Payable?

FP Partner's average Accounts Payable for the three months ended in Feb. 2024 was 円2,246 Mil. FP Partner's Cost of Goods Sold for the three months ended in Feb. 2024 was 円5,354 Mil. Hence, FP Partner's Days Payable for the three months ended in Feb. 2024 was 38.28.

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

TSE:7388' s Days Payable Range Over the Past 10 Years
Min: 31.44 Med: 34.46 Max: 41.17
Current: 38.08

During the past 4 years, FP Partner's highest Days Payable was 41.17. The lowest was 31.44. And the median was 34.46.

TSE:7388's Days Payable is ranked worse than
61.22% of 49 companies
in the Insurance industry
Industry Median: 56.92 vs TSE:7388: 38.08

FP Partner's Days Payable increased from Feb. 2023 (34.19) to Feb. 2024 (38.28). It may suggest that FP Partner delayed paying its suppliers.

FP Partner Days Payable Historical Data

The historical data trend for FP Partner'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.

FP Partner Days Payable Chart

FP Partner Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Days Payable

33.34

31.44

35.57

41.17

FP Partner Quarterly Data
	Nov20	Nov21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial					34.19	35.57	39.61	42.76	38.28

Competitive Comparison of FP Partner's Days Payable

For the Insurance Brokers subindustry, FP Partner'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.

FP Partner's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FP Partner's Days Payable distribution charts can be found below:

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

FP Partner 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.

FP Partner's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (1909.999	+	2354.504)	/	2 )	/	18905.285	*	365
=	2132.2515					/	18905.285	*	365
=	41.17

FP Partner'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
=	( (2354.504	+	2137.802)	/	2 )	/	5354.139	*	365 / 4
=	2246.153					/	5354.139	*	365 / 4
=	38.28

FP Partner Days Payable Related Terms

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FP Partner (TSE:7388) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » FP Partner Inc (TSE:7388) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-3 Koraku, 5F Koraku International Building, Bunkyo-ku, Tokyo, JPN, 112-0004

Website

https://www.fpp.jp

FP Partner Inc is engaged in the Insurance agency business. It offers insurance for individuals and corporations, Financial instruments intermediary service and for housing loan agency business.

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