Taikisha (TSE:1979) Days Payable : 87.78 (As of Dec. 2023)

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What is Taikisha Days Payable?

Taikisha's average Accounts Payable for the three months ended in Dec. 2023 was 円61,415 Mil. Taikisha's Cost of Goods Sold for the three months ended in Dec. 2023 was 円63,839 Mil. Hence, Taikisha's Days Payable for the three months ended in Dec. 2023 was 87.78.

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

TSE:1979' s Days Payable Range Over the Past 10 Years
Min: 84.31 Med: 105.91 Max: 118.77
Current: 84.31

During the past 13 years, Taikisha's highest Days Payable was 118.77. The lowest was 84.31. And the median was 105.91.

TSE:1979's Days Payable is ranked better than
56.05% of 1604 companies
in the Construction industry
Industry Median: 74.18 vs TSE:1979: 84.31

Taikisha's Days Payable increased from Dec. 2022 (79.25) to Dec. 2023 (87.78). It may suggest that Taikisha delayed paying its suppliers.

Taikisha Days Payable Historical Data

The historical data trend for Taikisha'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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Taikisha Days Payable Chart

Taikisha Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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112.33

110.32

118.77

101.86

103.01

Taikisha 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															79.25	74.79	100.28	79.12	87.78

Competitive Comparison of Taikisha's Days Payable

For the Building Products & Equipment subindustry, Taikisha'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.

Taikisha's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taikisha's Days Payable distribution charts can be found below:

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

Taikisha 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.

Taikisha'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
=	( (47102	+	55472)	/	2 )	/	181722	*	365
=	51287					/	181722	*	365
=	103.01

Taikisha'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
=	( (60462	+	62367)	/	2 )	/	63839	*	365 / 4
=	61414.5					/	63839	*	365 / 4
=	87.78

Taikisha Days Payable Related Terms

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Taikisha (TSE:1979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Taikisha Ltd (TSE:1979) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-17-1, Nishi-Shinjuku Shinjuku-ku, Sumitomo Fudosan Shinjuku Grand Tower, Tokyo, JPN, 160-6129

Website

http://www.taikisha.co.jp

Taikisha Ltd is a Japan-based company that primarily operates through two segments. The green technology system division primarily designs, manages, and constructs heating, ventilation, and air conditioning systems for office buildings, and also industrial HVAC systems for manufacturing facilities and laboratories. Besides HVAC systems, this segment manufactures and distributes related equipment. The paint finishing system segment primarily designs, manages and constructs automobile painting plants and distributes related equipment. The company has a global presence, with Japan, North America, and Southeast Asia being its top three markets.

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