ITOCHU-SHOKUHIN Co (TSE:2692) Days Payable : 89.38 (As of Dec. 2023)

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What is ITOCHU-SHOKUHIN Co Days Payable?

ITOCHU-SHOKUHIN Co's average Accounts Payable for the three months ended in Dec. 2023 was 円169,083 Mil. ITOCHU-SHOKUHIN Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円172,626 Mil. Hence, ITOCHU-SHOKUHIN Co's Days Payable for the three months ended in Dec. 2023 was 89.38.

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

TSE:2692' s Days Payable Range Over the Past 10 Years
Min: 66.13 Med: 69.75 Max: 85.18
Current: 85.18

During the past 13 years, ITOCHU-SHOKUHIN Co's highest Days Payable was 85.18. The lowest was 66.13. And the median was 69.75.

TSE:2692's Days Payable is ranked better than
86.56% of 305 companies
in the Retail - Defensive industry
Industry Median: 44.54 vs TSE:2692: 85.18

ITOCHU-SHOKUHIN Co's Days Payable declined from Dec. 2022 (91.04) to Dec. 2023 (89.38). It may suggest that ITOCHU-SHOKUHIN Co accelerated paying its suppliers.

ITOCHU-SHOKUHIN Co Days Payable Historical Data

The historical data trend for ITOCHU-SHOKUHIN 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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ITOCHU-SHOKUHIN Co Days Payable Chart

ITOCHU-SHOKUHIN Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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70.02

67.75

72.67

72.50

74.92

ITOCHU-SHOKUHIN 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															105.99	78.74	81.54	89.38	102.82

Competitive Comparison of ITOCHU-SHOKUHIN Co's Days Payable

For the Food Distribution subindustry, ITOCHU-SHOKUHIN 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.

ITOCHU-SHOKUHIN Co's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, ITOCHU-SHOKUHIN Co's Days Payable distribution charts can be found below:

* The bar in red indicates where ITOCHU-SHOKUHIN Co's Days Payable falls into.

ITOCHU-SHOKUHIN 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.

ITOCHU-SHOKUHIN 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
=	( (123171	+	136652)	/	2 )	/	632905	*	365
=	129911.5					/	632905	*	365
=	74.92

ITOCHU-SHOKUHIN 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
=	( (156638	+	181527)	/	2 )	/	172626	*	365 / 4
=	169082.5					/	172626	*	365 / 4
=	89.38

ITOCHU-SHOKUHIN Co Days Payable Related Terms

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ITOCHU-SHOKUHIN Co (TSE:2692) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » ITOCHU-SHOKUHIN Co Ltd (TSE:2692) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-22 Shiromi, Chuo-ku, Osaka, JPN, 540-8522

Website

http://www.itochu-shokuhin.com

ITOCHU-SHOKUHIN Co Ltd is a Japan-based wholesale and distribution of Food company. It is mainly engaged in the sale of food and beverages. Its business division includes The Food Wholesale division which is engaged in the purchase and wholesale of food products and alcohol, the storage and transportation of its products, the provision of information regarding various products, as well as the merchandising business related to product distribution. The others division is involved in the logistics management and transportation business, the retail business, the service business, as well as the food product manufacturing business.

ITOCHU-SHOKUHIN Co (TSE:2692) Headlines

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