Toho Holdings Co (TSE:8129) Days Payable : 120.81 (As of Dec. 2023)

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What is Toho Holdings Co Days Payable?

Toho Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円469,792 Mil. Toho Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円354,838 Mil. Hence, Toho Holdings Co's Days Payable for the three months ended in Dec. 2023 was 120.81.

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

TSE:8129' s Days Payable Range Over the Past 10 Years
Min: 107.86 Med: 118.12 Max: 124.92
Current: 120.13

During the past 13 years, Toho Holdings Co's highest Days Payable was 124.92. The lowest was 107.86. And the median was 118.12.

TSE:8129's Days Payable is ranked better than
76.84% of 95 companies
in the Medical Distribution industry
Industry Median: 74.64 vs TSE:8129: 120.13

Toho Holdings Co's Days Payable increased from Dec. 2022 (114.54) to Dec. 2023 (120.81). It may suggest that Toho Holdings Co delayed paying its suppliers.

Toho Holdings Co Days Payable Historical Data

The historical data trend for Toho 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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Toho Holdings Co Days Payable Chart

Toho Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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122.23

115.93

116.98

114.62

107.86

Toho 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															114.54	128.99	110.95	112.05	120.81

Competitive Comparison of Toho Holdings Co's Days Payable

For the Medical Distribution subindustry, Toho 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.

Toho Holdings Co's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Toho Holdings Co's Days Payable distribution charts can be found below:

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

Toho 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.

Toho 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
=	( (370012	+	385140)	/	2 )	/	1277751	*	365
=	377576					/	1277751	*	365
=	107.86

Toho 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
=	( (465684	+	473899)	/	2 )	/	354838	*	365 / 4
=	469791.5					/	354838	*	365 / 4
=	120.81

Toho Holdings Co Days Payable Related Terms

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Toho Holdings Co (TSE:8129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Toho Holdings Co Ltd (TSE:8129) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-2-1, Daizawa, Setagaya-ku, Tokyo, JPN, 155-8655

Website

http://www.tohohd.co.jp

Toho Holdings Co., Ltd. is a specialty and generic drug manufacturing company. The company's business includes pharmaceutical wholesaling and pharmacy dispensing. Toho also maintains a site-management organization business that assists a variety of medical establishments, ranging from large medical institutions to private clinics with a wide range of clinical trials under contract. The company supports medical institutions suitable for respective trials to improve the quality and speed of clinical trials. Toho generates additional revenue through software sales to medical institutions.

Toho Holdings Co (TSE:8129) Headlines

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