Iida Group Holdings Co (TSE:3291) Days Payable : 40.03 (As of Dec. 2023)

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What is Iida Group Holdings Co Days Payable?

Iida Group Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円131,084 Mil. Iida Group Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円298,824 Mil. Hence, Iida Group Holdings Co's Days Payable for the three months ended in Dec. 2023 was 40.03.

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

TSE:3291' s Days Payable Range Over the Past 10 Years
Min: 37.19 Med: 40.84 Max: 45.85
Current: 41.29

During the past 10 years, Iida Group Holdings Co's highest Days Payable was 45.85. The lowest was 37.19. And the median was 40.84.

TSE:3291's Days Payable is ranked better than
51% of 100 companies
in the Homebuilding & Construction industry
Industry Median: 40.65 vs TSE:3291: 41.29

Iida Group Holdings Co's Days Payable declined from Dec. 2022 (46.37) to Dec. 2023 (40.03). It may suggest that Iida Group Holdings Co accelerated paying its suppliers.

Iida Group Holdings Co Days Payable Historical Data

The historical data trend for Iida Group Holdings 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.

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Iida Group Holdings Co Days Payable Chart

Iida Group Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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40.31

41.12

37.19

40.64

43.45

Iida Group Holdings Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															46.37	36.98	49.48	40.51	40.03

Competitive Comparison of Iida Group Holdings Co's Days Payable

For the Residential Construction subindustry, Iida Group Holdings 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.

Iida Group Holdings Co's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Iida Group Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Iida Group Holdings Co's Days Payable falls into.

Iida Group Holdings 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.

Iida Group Holdings Co's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (134805	+	148155)	/	2 )	/	1188592	*	365
=	141480					/	1188592	*	365
=	43.45

Iida Group Holdings Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (129072	+	133095)	/	2 )	/	298824	*	365 / 4
=	131083.5					/	298824	*	365 / 4
=	40.03

Iida Group Holdings Co Days Payable Related Terms

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Iida Group Holdings Co (TSE:3291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Iida Group Holdings Co Ltd (TSE:3291) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IIO:Germany

Address

1-4-1, Nishihara-cho Nishitokyo, Tokyo, JPN

Website

https://www.ighd.co.jp

Iida Group Holdings Co Ltd is engaged in the operation of real estate business. It is involved in the development of real estate properties and the sale of various real estate properties. The company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others.

Iida Group Holdings Co (TSE:3291) Headlines

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