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Daikokutenbussan Co (TSE:2791) Days Payable : 27.28 (As of Feb. 2024)


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What is Daikokutenbussan Co Days Payable?

Daikokutenbussan Co's average Accounts Payable for the three months ended in Feb. 2024 was 円15,737 Mil. Daikokutenbussan Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円52,638 Mil. Hence, Daikokutenbussan Co's Days Payable for the three months ended in Feb. 2024 was 27.28.

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

TSE:2791' s Days Payable Range Over the Past 10 Years
Min: 28.04   Med: 30.47   Max: 30.92
Current: 28.04

During the past 13 years, Daikokutenbussan Co's highest Days Payable was 30.92. The lowest was 28.04. And the median was 30.47.

TSE:2791's Days Payable is ranked worse than
74.43% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs TSE:2791: 28.04

Daikokutenbussan Co's Days Payable declined from Feb. 2023 (27.32) to Feb. 2024 (27.28). It may suggest that Daikokutenbussan Co accelerated paying its suppliers.


Daikokutenbussan Co Days Payable Historical Data

The historical data trend for Daikokutenbussan 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.

Daikokutenbussan Co Days Payable Chart

Daikokutenbussan Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.90 30.90 30.73 29.94 30.40

Daikokutenbussan 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 27.32 27.57 29.80 30.18 27.28

Competitive Comparison of Daikokutenbussan Co's Days Payable

For the Grocery Stores subindustry, Daikokutenbussan 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.


Daikokutenbussan Co's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Daikokutenbussan Co's Days Payable distribution charts can be found below:

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



Daikokutenbussan 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.

Daikokutenbussan Co's Days Payable for the fiscal year that ended in May. 2023 is calculated as

Days Payable (A: May. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2022 ) + Accounts Payable (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (14523 + 16749) / 2 ) / 187755*365
=15636 / 187755*365
=30.40

Daikokutenbussan Co'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
=( (16365 + 15108) / 2 ) / 52638*365 / 4
=15736.5 / 52638*365 / 4
=27.28

* 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.


Daikokutenbussan Co Days Payable Related Terms

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Daikokutenbussan Co (TSE:2791) Business Description

Traded in Other Exchanges
N/A
Address
704-5, Horinan, Okayama, JPN
Daikokutenbussan Co Ltd is primarily engaged in selling retail and wholesale food and other products. The company develops and sells private brand products. Daikokuten Bussan operates in two business segments. The retail segment manufactures and sells fresh foods, processed foods, and bread and confectionery products. It also operates supermarkets, a property leasing business, a trademark management business, recycling operations, and a store cleaning operation. The other segment is the company's wholesale business.

Daikokutenbussan Co (TSE:2791) Headlines

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