Tokyu (TSE:9005) Days Payable : 48.90 (As of Dec. 2023)

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What is Tokyu Days Payable?

Tokyu's average Accounts Payable for the three months ended in Dec. 2023 was 円89,312 Mil. Tokyu's Cost of Goods Sold for the three months ended in Dec. 2023 was 円166,662 Mil. Hence, Tokyu's Days Payable for the three months ended in Dec. 2023 was 48.90.

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

TSE:9005' s Days Payable Range Over the Past 10 Years
Min: 40.5 Med: 43.34 Max: 52.79
Current: 49.81

During the past 13 years, Tokyu's highest Days Payable was 52.79. The lowest was 40.50. And the median was 43.34.

TSE:9005's Days Payable is ranked worse than
56.03% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs TSE:9005: 49.81

Tokyu's Days Payable declined from Dec. 2022 (53.11) to Dec. 2023 (48.90). It may suggest that Tokyu accelerated paying its suppliers.

Tokyu Days Payable Historical Data

The historical data trend for Tokyu'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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Tokyu Days Payable Chart

Tokyu Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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42.27

42.52

48.83

52.79

51.55

Tokyu 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															53.11	49.07	51.99	46.34	48.90

Competitive Comparison of Tokyu's Days Payable

For the Department Stores subindustry, Tokyu'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.

Tokyu's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Tokyu 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.

Tokyu'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
=	( (88029	+	100887)	/	2 )	/	668869	*	365
=	94458					/	668869	*	365
=	51.55

Tokyu'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
=	( (87779	+	90845)	/	2 )	/	166662	*	365 / 4
=	89312					/	166662	*	365 / 4
=	48.90

Tokyu Days Payable Related Terms

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Tokyu (TSE:9005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tokyu Corp (TSE:9005) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TOKUY:USA 01T:Germany

Address

5-6 Nanpeidai-cho Shibuya-ku, Tokyo, JPN, 150-8511

Website

http://www.tokyu.co.jp

Tokyu Corp provides passenger rail transportation, bus transportation, truckload services, and air transportation serving the Tokyo and its surrounding areas. The segments in which the group operates includes Transportation, Real Estate, Life service, Hotel and Resort and Business support. The company operates department stores, real estate leasing, and hotel businesses. Through its subsidiaries, Tokyu offers leisure-related services such as travel agents, theaters, golf, and rent car agents. Geographically, it operates through Japan and derives the majority of revenue from Transportation segment.

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