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Charm Care (TSE:6062) Days Payable : 3.21 (As of Mar. 2024)


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What is Charm Care Days Payable?

Charm Care's average Accounts Payable for the three months ended in Mar. 2024 was 円329 Mil. Charm Care's Cost of Goods Sold for the three months ended in Mar. 2024 was 円9,352 Mil. Hence, Charm Care's Days Payable for the three months ended in Mar. 2024 was 3.21.

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

TSE:6062' s Days Payable Range Over the Past 10 Years
Min: 3.09   Med: 4.18   Max: 31.5
Current: 3.09

During the past 13 years, Charm Care's highest Days Payable was 31.50. The lowest was 3.09. And the median was 4.18.

TSE:6062's Days Payable is ranked worse than
97.8% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.63 vs TSE:6062: 3.09

Charm Care's Days Payable declined from Mar. 2023 (4.10) to Mar. 2024 (3.21). It may suggest that Charm Care accelerated paying its suppliers.


Charm Care Days Payable Historical Data

The historical data trend for Charm Care'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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Charm Care Days Payable Chart

Charm Care Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 4.19 4.05 3.63 3.31

Charm Care Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.10 2.27 3.24 4.15 3.21

Competitive Comparison of Charm Care's Days Payable

For the Medical Care Facilities subindustry, Charm Care'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.


Charm Care's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Charm Care's Days Payable distribution charts can be found below:

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



Charm Care 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.

Charm Care's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (264 + 300) / 2 ) / 31050*365
=282 / 31050*365
=3.31

Charm Care's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (327 + 331) / 2 ) / 9352*365 / 4
=329 / 9352*365 / 4
=3.21

* 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.


Charm Care Days Payable Related Terms

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Charm Care (TSE:6062) Business Description

Traded in Other Exchanges
N/A
Address
Nakanoshima Mitsui Building, 4th Floor, 3-3-3 Nakanoshima, Kita-ku, Osaka, JPN, 530-0005
Charm Care Corp operates nursing homes. It is a nursing-assisted fee-based nursing home which provides nursing care facility residents living and specific housing type nursing homes, day care services, nursing care, home care support and visiting.

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