Daieisangyo Co (FSE:2974) Days Payable : 35.64 (As of Mar. 2024)

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What is Daieisangyo Co Days Payable?

Daieisangyo Co's average Accounts Payable for the three months ended in Mar. 2024 was 円2,740 Mil. Daieisangyo Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円7,016 Mil. Hence, Daieisangyo Co's Days Payable for the three months ended in Mar. 2024 was 35.64.

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

FSE:2974' s Days Payable Range Over the Past 10 Years
Min: 35.11 Med: 59.33 Max: 91.78
Current: 35.11

During the past 7 years, Daieisangyo Co's highest Days Payable was 91.78. The lowest was 35.11. And the median was 59.33.

FSE:2974's Days Payable is ranked worse than
77.78% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs FSE:2974: 35.11

Daieisangyo Co's Days Payable increased from Mar. 2023 (30.22) to Mar. 2024 (35.64). It may suggest that Daieisangyo Co delayed paying its suppliers.

Daieisangyo Co Days Payable Historical Data

The historical data trend for Daieisangyo 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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Daieisangyo Co Days Payable Chart

Daieisangyo Co Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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60.54

80.65

57.54

52.24

57.27

Daieisangyo Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															30.22	31.58	32.24	56.16	35.64

Competitive Comparison of Daieisangyo Co's Days Payable

For the Real Estate Services subindustry, Daieisangyo 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.

Daieisangyo Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Daieisangyo Co's Days Payable distribution charts can be found below:

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

Daieisangyo 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.

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

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (4823.547	+	4310.605)	/	2 )	/	29107.458	*	365
=	4567.076					/	29107.458	*	365
=	57.27

Daieisangyo Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3086.643	+	2394.057)	/	2 )	/	7015.782	*	365 / 4
=	2740.35					/	7015.782	*	365 / 4
=	35.64

Daieisangyo Co Days Payable Related Terms

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Daieisangyo Co (FSE:2974) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daieisangyo Co Ltd (FSE:2974) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-chome 1st 36, Shimokamizu, Hachiman Nishi Ward, Kitakyushu, JPN, 807-0075

Website

https://www.daieisangyo.co.jp

Daieisangyo Co Ltd is a Japanese based company engaged in real estate business. It is primarily involved in sale of newly built condominiums, custom housing, second home sales, sale of newly built detached houses and other related services.

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