Tokyu Fudosan Holdings (TSE:3289) Days Payable : 16.78 (As of Dec. 2023)

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What is Tokyu Fudosan Holdings Days Payable?

Tokyu Fudosan Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円34,558 Mil. Tokyu Fudosan Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円187,907 Mil. Hence, Tokyu Fudosan Holdings's Days Payable for the three months ended in Dec. 2023 was 16.78.

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

TSE:3289' s Days Payable Range Over the Past 10 Years
Min: 13.55 Med: 23.24 Max: 33.26
Current: 13.55

During the past 13 years, Tokyu Fudosan Holdings's highest Days Payable was 33.26. The lowest was 13.55. And the median was 23.24.

TSE:3289's Days Payable is ranked worse than
91.17% of 1575 companies
in the Real Estate industry
Industry Median: 96.91 vs TSE:3289: 13.55

Tokyu Fudosan Holdings's Days Payable increased from Dec. 2022 (14.76) to Dec. 2023 (16.78). It may suggest that Tokyu Fudosan Holdings delayed paying its suppliers.

Tokyu Fudosan Holdings Days Payable Historical Data

The historical data trend for Tokyu Fudosan 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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Tokyu Fudosan Holdings Days Payable Chart

Tokyu Fudosan Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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21.32

23.38

26.65

23.09

19.35

Tokyu Fudosan Holdings 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															14.76	10.54	15.42	14.39	16.78

Competitive Comparison of Tokyu Fudosan Holdings's Days Payable

For the Real Estate - Diversified subindustry, Tokyu Fudosan 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.

Tokyu Fudosan Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyu Fudosan Holdings's Days Payable distribution charts can be found below:

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

Tokyu Fudosan 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.

Tokyu Fudosan Holdings'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
=	( (43900	+	41847)	/	2 )	/	808685	*	365
=	42873.5					/	808685	*	365
=	19.35

Tokyu Fudosan Holdings'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
=	( (35490	+	33626)	/	2 )	/	187907	*	365 / 4
=	34558					/	187907	*	365 / 4
=	16.78

Tokyu Fudosan Holdings Days Payable Related Terms

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Tokyu Fudosan Holdings (TSE:3289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyu Fudosan Holdings Corp (TSE:3289) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TTUUF:USA

Address

Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN

Website

http://www.tokyu-fudosan-hd.co.jp

Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

Tokyu Fudosan Holdings (TSE:3289) Headlines

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