Qol Holdings Co (TSE:3034) Days Payable : 53.52 (As of Dec. 2023)

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What is Qol Holdings Co Days Payable?

Qol Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円23,492 Mil. Qol Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円40,051 Mil. Hence, Qol Holdings Co's Days Payable for the three months ended in Dec. 2023 was 53.52.

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

TSE:3034' s Days Payable Range Over the Past 10 Years
Min: 45.99 Med: 51.26 Max: 56.87
Current: 54.7

During the past 13 years, Qol Holdings Co's highest Days Payable was 56.87. The lowest was 45.99. And the median was 51.26.

TSE:3034's Days Payable is ranked worse than
55.33% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.84 vs TSE:3034: 54.70

Qol Holdings Co's Days Payable increased from Dec. 2022 (51.27) to Dec. 2023 (53.52). It may suggest that Qol Holdings Co delayed paying its suppliers.

Qol Holdings Co Days Payable Historical Data

The historical data trend for Qol Holdings 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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Qol Holdings Co Days Payable Chart

Qol Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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51.77

45.99

49.86

48.74

47.75

Qol Holdings Co 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															51.27	54.35	53.76	52.01	53.52

Competitive Comparison of Qol Holdings Co's Days Payable

For the Pharmaceutical Retailers subindustry, Qol Holdings 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.

Qol Holdings Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Qol Holdings Co's Days Payable distribution charts can be found below:

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

Qol Holdings 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.

Qol Holdings Co'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
=	( (18382	+	19958)	/	2 )	/	146532	*	365
=	19170					/	146532	*	365
=	47.75

Qol Holdings 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
=	( (20851	+	26133)	/	2 )	/	40051	*	365 / 4
=	23492					/	40051	*	365 / 4
=	53.52

Qol Holdings Co Days Payable Related Terms

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Qol Holdings Co (TSE:3034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Qol Holdings Co Ltd (TSE:3034) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-3-1, Toranomon, 37th Floor, Shiroyama Trust Tower, Minato-ku, Tokyo, JPN, 105-8452

Website

https://www.qolhd.co.jp

Qol Holdings Co Ltd provides pharmacy services under health insurance and sells pharmaceutical products. Its mission is to create healthy and comfortable living environments for everybody in those communities. The company operates through: Pharmacy and BPO segments. Under the Pharmacy segment the company puts customers first in-store development strategy, which is based on building one-on-one relationships with drug-prescribing clinics and hospitals in order to get the pharmacy services that include medical information. The BPO contracting segment includes clinical trials and projects and develops pamphlets and websites for medical institutions to promote sales of pharmaceutical products and provide advice on proper pharmaceutical product.

Qol Holdings Co (TSE:3034) Headlines

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