AHC Group (TSE:7083) Days Payable : 3.62 (As of Feb. 2024)

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What is AHC Group Days Payable?

AHC Group's average Accounts Payable for the three months ended in Feb. 2024 was 円54 Mil. AHC Group's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,361 Mil. Hence, AHC Group's Days Payable for the three months ended in Feb. 2024 was 3.62.

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

TSE:7083' s Days Payable Range Over the Past 10 Years
Min: 3.45 Med: 4.05 Max: 4.88
Current: 3.46

During the past 7 years, AHC Group's highest Days Payable was 4.88. The lowest was 3.45. And the median was 4.05.

TSE:7083's Days Payable is ranked worse than
97.62% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs TSE:7083: 3.46

AHC Group's Days Payable increased from Feb. 2023 (3.16) to Feb. 2024 (3.62). It may suggest that AHC Group delayed paying its suppliers.

AHC Group Days Payable Historical Data

The historical data trend for AHC Group'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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AHC Group Days Payable Chart

AHC Group Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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4.76

4.05

3.93

3.86

3.45

AHC Group Quarterly Data
	Nov18	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															3.16	3.24	3.47	3.71	3.62

Competitive Comparison of AHC Group's Days Payable

For the Medical Care Facilities subindustry, AHC Group'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.

AHC Group's Days Payable Distribution in the Healthcare Providers & Services Industry

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

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

AHC Group 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.

AHC Group's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (46.101	+	56.01)	/	2 )	/	5401.547	*	365
=	51.0555					/	5401.547	*	365
=	3.45

AHC Group'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
=	( (56.01	+	52.106)	/	2 )	/	1361.434	*	365 / 4
=	54.058					/	1361.434	*	365 / 4
=	3.62

AHC Group Days Payable Related Terms

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AHC Group (TSE:7083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AHC Group Inc (TSE:7083) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-11-9, Iwamotocho, 2nd Floor Itopia Hashimoto Building, Chiyoda-ku, Tokyo, JPN, 11101-0032

Website

https://www.ahc.co.jp

AHC Group Inc is a provider of disability welfare and nursing care services. The welfare business provides children with a disability place support and employment support. The nursing care business provides day care services for the elderly. The company operates a restaurant business.

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