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Grantomato Co (TSE:7137) Days Payable : 23.69 (As of Aug. 2023)


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What is Grantomato Co Days Payable?

Grantomato Co's average Accounts Payable for the six months ended in Aug. 2023 was 円740 Mil. Grantomato Co's Cost of Goods Sold for the six months ended in Aug. 2023 was 円5,700 Mil. Hence, Grantomato Co's Days Payable for the six months ended in Aug. 2023 was 23.69.

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

TSE:7137' s Days Payable Range Over the Past 10 Years
Min: 28.7   Med: 34.65   Max: 36.51
Current: 28.7

During the past 4 years, Grantomato Co's highest Days Payable was 36.51. The lowest was 28.70. And the median was 34.65.

TSE:7137's Days Payable is ranked worse than
77.52% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.14 vs TSE:7137: 28.70

Grantomato Co's Days Payable declined from Aug. 2022 (32.52) to Aug. 2023 (23.69). It may suggest that Grantomato Co accelerated paying its suppliers.


Grantomato Co Days Payable Historical Data

The historical data trend for Grantomato 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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Grantomato Co Days Payable Chart

Grantomato Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Days Payable
36.51 35.00 34.30 30.72

Grantomato Co Semi-Annual Data
Aug20 Aug21 Feb22 Aug22 Feb23 Aug23
Days Payable Get a 7-Day Free Trial - 36.03 32.52 32.83 23.69

Competitive Comparison of Grantomato Co's Days Payable

For the Specialty Retail subindustry, Grantomato 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.


Grantomato Co's Days Payable Distribution in the Retail - Cyclical Industry

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

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



Grantomato 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.

Grantomato 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
=( (910.937 + 795.211) / 2 ) / 10135.686*365
=853.074 / 10135.686*365
=30.72

Grantomato Co's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

Days Payable (Q: Aug. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2023 ) + Accounts Payable (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=( (684.787 + 795.211) / 2 ) / 5699.798*365 / 2
=739.999 / 5699.798*365 / 2
=23.69

* 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.


Grantomato Co Days Payable Related Terms

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Grantomato Co (TSE:7137) Business Description

Traded in Other Exchanges
N/A
Address
9-5 Aza-shimotakenouchi, Mujinamori, Sukagawa, Sukagawa, JPN, 962-0723
Grantomato Co Ltd sells agricultural products such as fertilizers, greenhouses, and agricultural machinery to agricultural producers, and delivers agricultural products to consumers at low cost in cooperation with various partners.

Grantomato Co (TSE:7137) Headlines

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