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Ichibanya Co (TSE:7630) Days Payable : 35.48 (As of Nov. 2023)


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What is Ichibanya Co Days Payable?

Ichibanya Co's average Accounts Payable for the three months ended in Nov. 2023 was 円2,845 Mil. Ichibanya Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円7,315 Mil. Hence, Ichibanya Co's Days Payable for the three months ended in Nov. 2023 was 35.48.

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

TSE:7630' s Days Payable Range Over the Past 10 Years
Min: 31.02   Med: 31.79   Max: 34.91
Current: 33.68

During the past 13 years, Ichibanya Co's highest Days Payable was 34.91. The lowest was 31.02. And the median was 31.79.

TSE:7630's Days Payable is ranked worse than
57.94% of 340 companies
in the Restaurants industry
Industry Median: 38.115 vs TSE:7630: 33.68

Ichibanya Co's Days Payable increased from Nov. 2022 (34.34) to Nov. 2023 (35.48). It may suggest that Ichibanya Co delayed paying its suppliers.


Ichibanya Co Days Payable Historical Data

The historical data trend for Ichibanya 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.

* Premium members only.

Ichibanya Co Days Payable Chart

Ichibanya Co Annual Data
Trend May15 May16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.96 34.91 31.69 31.79 31.53

Ichibanya Co 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 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 33.07 32.85 33.64 35.48 34.79

Competitive Comparison of Ichibanya Co's Days Payable

For the Restaurants subindustry, Ichibanya 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.


Ichibanya Co's Days Payable Distribution in the Restaurants Industry

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

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



Ichibanya 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.

Ichibanya Co'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
=( (2312.523 + 2581.758) / 2 ) / 28330.495*365
=2447.1405 / 28330.495*365
=31.53

Ichibanya Co's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

Days Payable (Q: Nov. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2023 ) + Accounts Payable (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (2824.751 + 2864.489) / 2 ) / 7315.393*365 / 4
=2844.62 / 7315.393*365 / 4
=35.48

* 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.


Ichibanya Co Days Payable Related Terms

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Ichibanya Co (TSE:7630) Business Description

Traded in Other Exchanges
Address
6-12-23 Mitsui, Ichinomiya shi, Aichi, JPN
Ichibanya Co Ltd owns, operates, and franchises CoCo Ichibanya and other restaurants, primarily in Japan. Nearly all Ichibanya's restaurants operate under the brand name CoCo Ichibanya, which specializes in curry dishes and has more than 1,000 locations in Japan and more than 150 locations in other Asian countries and the United States. Other restaurant brands that Ichibanya operates and franchises in Japan include Pasta de CoCo, Menya CoCo Ichi, and Nikkui Tei. Nearly 90% of the company's revenue is generated in Japan.

Ichibanya Co (TSE:7630) Headlines

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