Joyful Honda Co (TSE:3191) Days Payable : 35.33 (As of Mar. 2024)

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What is Joyful Honda Co Days Payable?

Joyful Honda Co's average Accounts Payable for the three months ended in Mar. 2024 was 円7,976 Mil. Joyful Honda Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円20,599 Mil. Hence, Joyful Honda Co's Days Payable for the three months ended in Mar. 2024 was 35.33.

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

TSE:3191' s Days Payable Range Over the Past 10 Years
Min: 26.04 Med: 28.71 Max: 31.97
Current: 31.97

During the past 11 years, Joyful Honda Co's highest Days Payable was 31.97. The lowest was 26.04. And the median was 28.71.

TSE:3191's Days Payable is ranked worse than
73.7% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs TSE:3191: 31.97

Joyful Honda Co's Days Payable declined from Mar. 2023 (36.80) to Mar. 2024 (35.33). It may suggest that Joyful Honda Co accelerated paying its suppliers.

Joyful Honda Co Days Payable Historical Data

The historical data trend for Joyful Honda 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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Joyful Honda Co Days Payable Chart

Joyful Honda Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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26.60

31.43

28.75

29.20

28.36

Joyful Honda 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															36.80	29.35	29.67	34.31	35.33

Competitive Comparison of Joyful Honda Co's Days Payable

For the Home Improvement Retail subindustry, Joyful Honda 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.

Joyful Honda Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Joyful Honda Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Joyful Honda Co's Days Payable falls into.

Joyful Honda 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.

Joyful Honda Co's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (6443	+	6511)	/	2 )	/	83346	*	365
=	6477					/	83346	*	365
=	28.36

Joyful Honda Co'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
=	( (8674	+	7278)	/	2 )	/	20599	*	365 / 4
=	7976					/	20599	*	365 / 4
=	35.33

Joyful Honda Co Days Payable Related Terms

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Joyful Honda Co (TSE:3191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Joyful Honda Co Ltd (TSE:3191) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-16-2 Fujisaki, Ibaraki Prefecture, Tsuchiura, JPN, 300-0813

Website

https://www.joyfulhonda.com

Joyful Honda Co Ltd is engaged in the home center retail business. Its business operations are grouped into four divisions: Home Center, Garden Center, Pet Center and Exterior Center. Home Centers supplies timber, building materials, paint, tools, hardware, worker essentials, electrical fittings and other materials for home renovation projects. Garden Centers provides an extensive range of flower seedlings, vegetable seedlings, plants, mulch and other soil for horticulture, fertilizers, plant pots and other gardening supplies. Pet Center offers pet-related products, including pet food, cages, and toys. Exterior Centers provide services from sales to construction.

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