SBS Holdings (TSE:2384) Days Payable : 26.32 (As of Mar. 2024)

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What is SBS Holdings Days Payable?

SBS Holdings's average Accounts Payable for the three months ended in Mar. 2024 was 円28,227 Mil. SBS Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was 円97,852 Mil. Hence, SBS Holdings's Days Payable for the three months ended in Mar. 2024 was 26.32.

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

TSE:2384' s Days Payable Range Over the Past 10 Years
Min: 21.2 Med: 23.87 Max: 36.1
Current: 29.53

During the past 13 years, SBS Holdings's highest Days Payable was 36.10. The lowest was 21.20. And the median was 23.87.

TSE:2384's Days Payable is ranked worse than
64.6% of 935 companies
in the Transportation industry
Industry Median: 39.02 vs TSE:2384: 29.53

SBS Holdings's Days Payable declined from Mar. 2023 (31.31) to Mar. 2024 (26.32). It may suggest that SBS Holdings accelerated paying its suppliers.

SBS Holdings Days Payable Historical Data

The historical data trend for SBS Holdings'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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SBS Holdings Days Payable Chart

SBS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.51

36.10

33.26

31.55

30.62

SBS Holdings 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															31.31	31.73	31.16	28.84	26.32

Competitive Comparison of SBS Holdings's Days Payable

For the Integrated Freight & Logistics subindustry, SBS Holdings'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.

SBS Holdings's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SBS Holdings's Days Payable distribution charts can be found below:

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

SBS Holdings 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.

SBS Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (35823	+	28226)	/	2 )	/	381770	*	365
=	32024.5					/	381770	*	365
=	30.62

SBS Holdings'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
=	( (28226	+	28227)	/	2 )	/	97852	*	365 / 4
=	28226.5					/	97852	*	365 / 4
=	26.32

SBS Holdings Days Payable Related Terms

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SBS Holdings (TSE:2384) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SBS Holdings Inc (TSE:2384) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3 Taihei 4-chome, Olinas Tower, Sumida-ku, Tokyo, JPN, 130-0012

Website

http://www.sbs-group.co.jp

SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.

SBS Holdings (TSE:2384) Headlines

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