TKP (TSE:3479) Days Payable : 10.66 (As of Nov. 2023)

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What is TKP Days Payable?

TKP's average Accounts Payable for the three months ended in Nov. 2023 was 円708 Mil. TKP's Cost of Goods Sold for the three months ended in Nov. 2023 was 円6,056 Mil. Hence, TKP's Days Payable for the three months ended in Nov. 2023 was 10.66.

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

TSE:3479' s Days Payable Range Over the Past 10 Years
Min: 6.73 Med: 10.39 Max: 11.39
Current: 10.68

During the past 10 years, TKP's highest Days Payable was 11.39. The lowest was 6.73. And the median was 10.39.

TSE:3479's Days Payable is ranked worse than
92.83% of 1575 companies
in the Real Estate industry
Industry Median: 96.91 vs TSE:3479: 10.68

TKP's Days Payable increased from Nov. 2022 (6.95) to Nov. 2023 (10.66). It may suggest that TKP delayed paying its suppliers.

TKP Days Payable Historical Data

The historical data trend for TKP'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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TKP Days Payable Chart

TKP Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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8.63

9.28

7.75

6.73

11.15

TKP 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															7.38	9.55	9.22	10.66	12.60

Competitive Comparison of TKP's Days Payable

For the Real Estate Services subindustry, TKP'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.

TKP's Days Payable Distribution in the Real Estate Industry

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

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

TKP 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.

TKP's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (588	+	797)	/	2 )	/	22660	*	365
=	692.5					/	22660	*	365
=	11.15

TKP's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (576	+	839)	/	2 )	/	6056	*	365 / 4
=	707.5					/	6056	*	365 / 4
=	10.66

TKP Days Payable Related Terms

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TKP (TSE:3479) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TKP Corp (TSE:3479) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8, Ichigaya Hachiman-cho, TKP Ichigaya Building 2nd Floor, Shinjuku-ku, Tokyo, JPN, 162-0844

Website

http://www.tkp.jp

TKP Corp is a Japan based real estate company. It offers conference rooms and banquet halls on a rental basis. The company is also intended to provide in-house production of services associated with conferences such as food and beverage catering, hotels and resorts, call center, and BPO among other services.

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