Home Position Co (TSE:2999) Days Payable : 10.20 (As of Feb. 2024)

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What is Home Position Co Days Payable?

Home Position Co's average Accounts Payable for the three months ended in Feb. 2024 was 円733 Mil. Home Position Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円6,564 Mil. Hence, Home Position Co's Days Payable for the three months ended in Feb. 2024 was 10.20.

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

TSE:2999' s Days Payable Range Over the Past 10 Years
Min: 14.78 Med: 18.71 Max: 26.64
Current: 15.27

During the past 4 years, Home Position Co's highest Days Payable was 26.64. The lowest was 14.78. And the median was 18.71.

TSE:2999's Days Payable is ranked worse than
89.9% of 99 companies
in the Homebuilding & Construction industry
Industry Median: 43.4 vs TSE:2999: 15.27

Home Position Co's Days Payable declined from Feb. 2023 (19.57) to Feb. 2024 (10.20). It may suggest that Home Position Co accelerated paying its suppliers.

Home Position Co Days Payable Historical Data

The historical data trend for Home Position 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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Home Position Co Days Payable Chart

Home Position Co Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

Days Payable

26.64

21.11

14.78

16.31

Home Position Co Quarterly Data
	Aug20	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial						19.57	21.93	13.20	24.94	10.20

Competitive Comparison of Home Position Co's Days Payable

For the Residential Construction subindustry, Home Position 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.

Home Position Co's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Home Position Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Home Position Co's Days Payable falls into.

Home Position 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.

Home Position Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (635.973	+	931.485)	/	2 )	/	17539.235	*	365
=	783.729					/	17539.235	*	365
=	16.31

Home Position 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
=	( (802.023	+	664.78)	/	2 )	/	6563.722	*	365 / 4
=	733.4015					/	6563.722	*	365 / 4
=	10.20

Home Position Co Days Payable Related Terms

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Home Position Co (TSE:2999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Home Position Co Ltd (TSE:2999) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

260 Kikkawa, Shimizu-ku, Shizuoka, JPN, 424-0055

Website

https://www.homeposition.co.jp

Home Position Co Ltd is engaged in the built-for-sale housing business.

Home Position Co (TSE:2999) Headlines

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