Quick Co (TSE:4318) Days Payable : 20.48 (As of Dec. 2023)

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What is Quick Co Days Payable?

Quick Co's average Accounts Payable for the three months ended in Dec. 2023 was 円523 Mil. Quick Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,331 Mil. Hence, Quick Co's Days Payable for the three months ended in Dec. 2023 was 20.48.

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

TSE:4318' s Days Payable Range Over the Past 10 Years
Min: 21.22 Med: 31.55 Max: 77.12
Current: 21.22

During the past 13 years, Quick Co's highest Days Payable was 77.12. The lowest was 21.22. And the median was 31.55.

TSE:4318's Days Payable is ranked worse than
77.01% of 922 companies
in the Business Services industry
Industry Median: 47.74 vs TSE:4318: 21.22

Quick Co's Days Payable increased from Dec. 2022 (20.03) to Dec. 2023 (20.48). It may suggest that Quick Co delayed paying its suppliers.

Quick Co Days Payable Historical Data

The historical data trend for Quick 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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Quick Co Days Payable Chart

Quick Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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29.10

23.35

24.46

21.69

23.22

Quick 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															20.03	20.48	24.12	22.22	20.48

Competitive Comparison of Quick Co's Days Payable

For the Staffing & Employment Services subindustry, Quick 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.

Quick Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quick Co's Days Payable distribution charts can be found below:

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

Quick 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.

Quick 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
=	( (520.197	+	672.74)	/	2 )	/	9374.866	*	365
=	596.4685					/	9374.866	*	365
=	23.22

Quick 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
=	( (556.604	+	489.654)	/	2 )	/	2330.574	*	365 / 4
=	523.129					/	2330.574	*	365 / 4
=	20.48

Quick Co Days Payable Related Terms

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Quick Co (TSE:4318) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quick Co Ltd (TSE:4318) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Osaka Fukoku Seimei Building 2-4, Komatsubara, Kita-ku, Osaka, JPN, 530-0018

Website

http://www.919.jp

Quick Co Ltd provides human resource solutions and information services. The company operates in four business divisions namely Recruiting Division, Staffing Services Division, Information Publishing Division, and Others.

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