FORLIFE Co (TSE:3477) Days Payable : 14.83 (As of Dec. 2023)

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What is FORLIFE Co Days Payable?

FORLIFE Co's average Accounts Payable for the three months ended in Dec. 2023 was 円499 Mil. FORLIFE Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,067 Mil. Hence, FORLIFE Co's Days Payable for the three months ended in Dec. 2023 was 14.83.

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

TSE:3477' s Days Payable Range Over the Past 10 Years
Min: 13.87 Med: 16.07 Max: 17.36
Current: 15

During the past 9 years, FORLIFE Co's highest Days Payable was 17.36. The lowest was 13.87. And the median was 16.07.

TSE:3477's Days Payable is ranked worse than
90.82% of 98 companies
in the Homebuilding & Construction industry
Industry Median: 43.345 vs TSE:3477: 15.00

FORLIFE Co's Days Payable declined from Dec. 2022 (15.81) to Dec. 2023 (14.83). It may suggest that FORLIFE Co accelerated paying its suppliers.

FORLIFE Co Days Payable Historical Data

The historical data trend for FORLIFE 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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FORLIFE Co Days Payable Chart

FORLIFE Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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17.17

16.07

17.36

16.94

16.61

FORLIFE 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															15.81	13.67	19.87	13.71	14.83

Competitive Comparison of FORLIFE Co's Days Payable

For the Residential Construction subindustry, FORLIFE 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.

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

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

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

FORLIFE 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.

FORLIFE 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
=	( (542.504	+	606.773)	/	2 )	/	12627.545	*	365
=	574.6385					/	12627.545	*	365
=	16.61

FORLIFE 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
=	( (515.788	+	481.416)	/	2 )	/	3067.378	*	365 / 4
=	498.602					/	3067.378	*	365 / 4
=	14.83

FORLIFE Co Days Payable Related Terms

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FORLIFE Co (TSE:3477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » FORLIFE Co Ltd (TSE:3477) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-4-11 Okurayama, Kohoku-ku, Kanagawa Prefecture, FORLIFE Okurayama Publishing Building, Yubinbango, Yokohama, JPN, 222-0037

Website

https://www.forlifeand.com

FORLIFE Co Ltd is a Japanese firm. It builds and sells ordered housing and manufactured housing. It also provides leasing business. It has a consultation and finance business.

FORLIFE Co (TSE:3477) Headlines

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