TOUMEI Co (TSE:4439) Days Payable : 43.64 (As of Feb. 2024)

View and export this data going back to 2019. Start your Free Trial

What is TOUMEI Co Days Payable?

TOUMEI Co's average Accounts Payable for the three months ended in Feb. 2024 was 円1,841 Mil. TOUMEI Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円3,850 Mil. Hence, TOUMEI Co's Days Payable for the three months ended in Feb. 2024 was 43.64.

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

TSE:4439' s Days Payable Range Over the Past 10 Years
Min: 41.41 Med: 56.46 Max: 66.26
Current: 46.06

During the past 7 years, TOUMEI Co's highest Days Payable was 66.26. The lowest was 41.41. And the median was 56.46.

TSE:4439's Days Payable is ranked worse than
63.54% of 469 companies
in the Conglomerates industry
Industry Median: 59.22 vs TSE:4439: 46.06

TOUMEI Co's Days Payable increased from Feb. 2023 (38.78) to Feb. 2024 (43.64). It may suggest that TOUMEI Co delayed paying its suppliers.

TOUMEI Co Days Payable Historical Data

The historical data trend for TOUMEI 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.

* Premium members only.

TOUMEI Co Days Payable Chart

TOUMEI Co Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

Get a 7-Day Free Trial

58.13

56.46

51.93

41.41

45.41

TOUMEI Co 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															38.78	49.82	44.90	45.85	43.64

Competitive Comparison of TOUMEI Co's Days Payable

For the Conglomerates subindustry, TOUMEI 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.

TOUMEI Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, TOUMEI Co's Days Payable distribution charts can be found below:

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

TOUMEI 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.

TOUMEI Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (1593.91	+	1915.835)	/	2 )	/	14103.921	*	365
=	1754.8725					/	14103.921	*	365
=	45.41

TOUMEI Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (1761.158	+	1921.105)	/	2 )	/	3849.504	*	365 / 4
=	1841.1315					/	3849.504	*	365 / 4
=	43.64

TOUMEI Co Days Payable Related Terms

Thank you for viewing the detailed overview of TOUMEI Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

TOUMEI Co (TSE:4439) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » TOUMEI Co Ltd (TSE:4439) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-39, Hatta chome, Mie Prefecture, Yokkaichi, JPN, 510-0001

Website

https://www.toumei.co.jp

TOUMEI Co Ltd is engaged in Office light 119 business, Office solution business, and Financial Planning Business. The company's services include provision of fiber-optic services and ancillary services, sales of information and communications equipment and environmental products, and provision of web services. It also offers insurance brokerage services.

TOUMEI Co (TSE:4439) Headlines

No Headlines