Daiseki Eco Solution Co (TSE:1712) Days Payable : 46.42 (As of Feb. 2024)

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What is Daiseki Eco Solution Co Days Payable?

Daiseki Eco Solution Co's average Accounts Payable for the three months ended in Feb. 2024 was 円1,895 Mil. Daiseki Eco Solution Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円3,725 Mil. Hence, Daiseki Eco Solution Co's Days Payable for the three months ended in Feb. 2024 was 46.42.

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

TSE:1712' s Days Payable Range Over the Past 10 Years
Min: 28.35 Med: 35.54 Max: 44.37
Current: 36.74

During the past 13 years, Daiseki Eco Solution Co's highest Days Payable was 44.37. The lowest was 28.35. And the median was 35.54.

TSE:1712's Days Payable is ranked worse than
72% of 225 companies
in the Waste Management industry
Industry Median: 71.54 vs TSE:1712: 36.74

Daiseki Eco Solution Co's Days Payable increased from Feb. 2023 (35.26) to Feb. 2024 (46.42). It may suggest that Daiseki Eco Solution Co delayed paying its suppliers.

Daiseki Eco Solution Co Days Payable Historical Data

The historical data trend for Daiseki Eco Solution 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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Daiseki Eco Solution Co Days Payable Chart

Daiseki Eco Solution Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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36.16

36.97

30.62

34.92

28.35

Daiseki Eco Solution Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															35.26	33.94	35.25	42.47	46.42

Competitive Comparison of Daiseki Eco Solution Co's Days Payable

For the Waste Management subindustry, Daiseki Eco Solution 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.

Daiseki Eco Solution Co's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Daiseki Eco Solution Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Daiseki Eco Solution Co's Days Payable falls into.

Daiseki Eco Solution 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.

Daiseki Eco Solution Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (1439	+	1507)	/	2 )	/	18962	*	365
=	1473					/	18962	*	365
=	28.35

Daiseki Eco Solution Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (2283	+	1507)	/	2 )	/	3725	*	365 / 4
=	1895					/	3725	*	365 / 4
=	46.42

Daiseki Eco Solution Co Days Payable Related Terms

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Daiseki Eco Solution Co (TSE:1712) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Daiseki Eco Solution Co Ltd (TSE:1712) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Funami-cho 1-86, Minato-ku, Nagoya-shi, JPN, 455-0027

Website

http://www.daiseki-eco.co.jp

Daiseki Eco Solution Co Ltd is engaged in soil contamination surveys, contaminated soil remediation, industrial waste collection and processing, environmental analysis, recycling of mercury, environmental consulting, and recycling of plasterboard in Japan.

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