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Kyushu Railway Co (Kyushu Railway Co) Days Payable : 32.12 (As of Dec. 2023)


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What is Kyushu Railway Co Days Payable?

Kyushu Railway Co's average Accounts Payable for the three months ended in Dec. 2023 was $140 Mil. Kyushu Railway Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $399 Mil. Hence, Kyushu Railway Co's Days Payable for the three months ended in Dec. 2023 was 32.12.

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

KYYHF' s Days Payable Range Over the Past 10 Years
Min: 32.73   Med: 47.75   Max: 55.28
Current: 32.73

During the past 9 years, Kyushu Railway Co's highest Days Payable was 55.28. The lowest was 32.73. And the median was 47.75.

KYYHF's Days Payable is ranked worse than
58.99% of 929 companies
in the Transportation industry
Industry Median: 38.97 vs KYYHF: 32.73

Kyushu Railway Co's Days Payable increased from Dec. 2022 (28.37) to Dec. 2023 (32.12). It may suggest that Kyushu Railway Co delayed paying its suppliers.

Kyushu Railway Co Days Payable Historical Data

The historical data trend for Kyushu Railway 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.

Kyushu Railway Co Days Payable Chart

Kyushu Railway Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only 43.09 52.48 50.03 44.56 42.59

Kyushu Railway 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 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 25.13 36.25 32.59 32.12 26.86

Competitive Comparison of Kyushu Railway Co's Days Payable

For the Railroads subindustry, Kyushu Railway 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.

Kyushu Railway Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kyushu Railway Co's Days Payable distribution charts can be found below:

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


Kyushu Railway 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.

Kyushu Railway Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (204.183 + 193.167) / 2 ) / 1702.745*365
=198.675 / 1702.745*365
=42.59

Kyushu Railway 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
=( (129.954 + 150.825) / 2 ) / 398.808*365 / 4
=140.3895 / 398.808*365 / 4
=32.12

* 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.

Kyushu Railway Co Days Payable Related Terms

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Kyushu Railway Co (Kyushu Railway Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kyushu Railway Co (OTCPK:KYYHF) » Definitions » Days Payable
Comparable Companies
TSE:9044 TSE:9001 TSE:9007 TSE:9031 TSE:9052 TSE:9081 TSE:9009 FSE:9035 TSE:7102 TSE:9033 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 HKSE:00066 TSE:9022 HKSE:01766 TSE:9020
Traded in Other Exchanges
9142:Japan KRH:Germany
Address
3-25-21 Hakata-ekimae, Hakata-ku, Fukuoka, JPN, 812-8566
Website
https://www.jrkyushu.co.jp
Kyushu Railway, or JR Kyushu, is one of seven Japanese railway companies formed when the government privatized Japan Rail in 1987. The rail company services the island of Kyushu, which is just off the South of Japan mainland. Kyushu is colloquially referred to as the 10:10:10 region—covering about 10% of Japan's landmass, housing about 10% of Japan's population and producing about 10% of Japan's gross domestic product. JR Kyushu operates three businesses: rail transportation; real estate and hotels; and construction, retail, restaurants, and business services.