JINS Holdings (TSE:3046) Days Payable : 52.53 (As of Feb. 2024)

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What is JINS Holdings Days Payable?

JINS Holdings's average Accounts Payable for the three months ended in Feb. 2024 was 円2,635 Mil. JINS Holdings's Cost of Goods Sold for the three months ended in Feb. 2024 was 円4,576 Mil. Hence, JINS Holdings's Days Payable for the three months ended in Feb. 2024 was 52.53.

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

TSE:3046' s Days Payable Range Over the Past 10 Years
Min: 32.8 Med: 41.9 Max: 49.93
Current: 41.51

During the past 13 years, JINS Holdings's highest Days Payable was 49.93. The lowest was 32.80. And the median was 41.90.

TSE:3046's Days Payable is ranked worse than
75.25% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs TSE:3046: 41.51

JINS Holdings's Days Payable increased from Feb. 2023 (37.69) to Feb. 2024 (52.53). It may suggest that JINS Holdings delayed paying its suppliers.

JINS Holdings Days Payable Historical Data

The historical data trend for JINS 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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JINS Holdings Days Payable Chart

JINS Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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35.80

41.92

43.99

49.93

45.94

JINS Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															37.69	34.13	30.30	49.10	52.53

Competitive Comparison of JINS Holdings's Days Payable

For the Medical Instruments & Supplies subindustry, JINS 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.

JINS Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JINS Holdings's Days Payable distribution charts can be found below:

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

JINS 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.

JINS Holdings'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
=	( (2535	+	1745)	/	2 )	/	17001	*	365
=	2140					/	17001	*	365
=	45.94

JINS Holdings'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
=	( (2365	+	2904)	/	2 )	/	4576	*	365 / 4
=	2634.5					/	4576	*	365 / 4
=	52.53

JINS Holdings Days Payable Related Terms

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JINS Holdings (TSE:3046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » JINS Holdings Inc (TSE:3046) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

5F3:Germany

Address

2-10-2 Fujimi, Iidabashi Grand Broom, 30th Floor, Chiyoda-ku, Tokyo, JPN, 102-0071

Website

https://jinsholdings.com

JINS Holdings Inc is an eye wear retailer that manufactures and sells private-label fashion eyeglasses and sunglasses. It offers prescription eyeglasses and nonprescription fashion or functional eyeglasses. Its inventory is on the shelves, and it charges flat rates with generally no additional charges or options for lens features. Jin has more than 300 stores in Japan as well as locations in China, Taiwan, and the United States. Stores are typically located in high-traffic areas such as shopping centers, malls, and train stations.

JINS Holdings (TSE:3046) Headlines

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