Kairikiya Co (TSE:5891) Days Payable : 45.90 (As of Dec. 2023)

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What is Kairikiya Co Days Payable?

Kairikiya Co's average Accounts Payable for the six months ended in Dec. 2023 was 円387 Mil. Kairikiya Co's Cost of Goods Sold for the six months ended in Dec. 2023 was 円3,078 Mil. Hence, Kairikiya Co's Days Payable for the six months ended in Dec. 2023 was 22.95.

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

TSE:5891' s Days Payable Range Over the Past 10 Years
Min: 45.9 Med: 48 Max: 55.82
Current: 45.9

During the past 3 years, Kairikiya Co's highest Days Payable was 55.82. The lowest was 45.90. And the median was 48.00.

TSE:5891's Days Payable is ranked better than
60.29% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs TSE:5891: 45.90

Kairikiya Co's Days Payable declined from Dec. 2021 (55.82) to Dec. 2023 (45.90). It may suggest that Kairikiya Co accelerated paying its suppliers.

Kairikiya Co Days Payable Historical Data

The historical data trend for Kairikiya 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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Kairikiya Co Days Payable Chart

Kairikiya Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

55.82

48.00

45.90

Kairikiya Co Semi-Annual Data
	Dec21	Dec22	Dec23
Days Payable	55.82	48.00	45.90

Competitive Comparison of Kairikiya Co's Days Payable

For the Restaurants subindustry, Kairikiya 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.

Kairikiya Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kairikiya Co's Days Payable distribution charts can be found below:

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

Kairikiya 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.

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

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (334.728	+	439.472)	/	2 )	/	3077.982	*	365
=	387.1					/	3077.982	*	365
=	45.90

Kairikiya 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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (334.728	+	439.472)	/	2 )	/	3077.982	*	365 / 2
=	387.1					/	3077.982	*	365 / 2
=	22.95

Kairikiya Co Days Payable Related Terms

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Kairikiya Co (TSE:5891) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kairikiya Co Ltd (TSE:5891) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

670 Teraimizumachi, Nishikikoji Road, 6th floor, Kyoto Fukutoku Building, Karasuma-dori, Nakagyo-ku, Kyoto, JPN, 604-8152

Website

https://www.kairikiya.co.jp

Kairikiya Co Ltd is engaged in the Food and beverage business including ramen chain development and Restaurant business management.

Kairikiya Co (TSE:5891) Headlines

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