GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Recruit Holdings Co Ltd (TSE:6098) » Definitions » Days Payable

Recruit Holdings Co (TSE:6098) Days Payable

: 75.46 (As of Dec. 2023)
View and export this data going back to 2014. Start your Free Trial

Recruit Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円315,565 Mil. Recruit Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円381,574 Mil. Hence, Recruit Holdings Co's Days Payable for the three months ended in Dec. 2023 was 75.46.

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

TSE:6098' s Days Payable Range Over the Past 10 Years
Min: 26.21   Med: 63.05   Max: 81.16
Current: 81.16

During the past 10 years, Recruit Holdings Co's highest Days Payable was 81.16. The lowest was 26.21. And the median was 63.05.

TSE:6098's Days Payable is ranked better than
57.37% of 434 companies
in the Interactive Media industry
Industry Median: 60.91 vs TSE:6098: 81.16

Recruit Holdings Co's Days Payable declined from Dec. 2022 (76.04) to Dec. 2023 (75.46). It may suggest that Recruit Holdings Co accelerated paying its suppliers.


Recruit Holdings Co Days Payable Historical Data

The historical data trend for Recruit 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.

* Premium members only.

Recruit Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.56 71.14 75.19 78.84 80.73

Recruit 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 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 Premium Member Only Premium Member Only Premium Member Only 76.04 88.09 84.72 77.63 75.46

Competitive Comparison

For the Internet Content & Information subindustry, Recruit 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.


Recruit Holdings Co Days Payable Distribution

For the Interactive Media industry and Communication Services sector, Recruit Holdings Co's Days Payable distribution charts can be found below:

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



Recruit 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.

Recruit 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
=( (283849 + 349916) / 2 ) / 1432644*365
=316882.5 / 1432644*365
=80.73

Recruit 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
=( (309025 + 322105) / 2 ) / 381574*365 / 4
=315565 / 381574*365 / 4
=75.46

* 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.


Recruit Holdings Co Days Payable Related Terms

Thank you for viewing the detailed overview of Recruit Holdings Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Recruit Holdings Co (TSE:6098) Business Description

Traded in Other Exchanges
Address
1-9-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6640
Recruit Holdings Co Ltd provides HR technology and business solutions that expand economic and personal opportunities for people everywhere. With key subsidiaries including Indeed, Glassdoor, and its worldwide staffing business, Recruit aims to simplify hiring through a two-sided talent marketplace that drives meaningful connections between job seekers and employers. The firm also operates a media and solutions business within Japan focused on helping businesses work smarter through online advertising services, job platforms and cloud-based SaaS solutions. With a presence in more than 60 countries, Recruit is committed to transformative sustainability practices that leverage its strength in employment to drive positive impact on society and the planet.

Recruit Holdings Co (TSE:6098) Headlines

No Headlines