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Dreambed Co (TSE:7791) Days Payable : 71.87 (As of Dec. 2023)


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What is Dreambed Co Days Payable?

Dreambed Co's average Accounts Payable for the three months ended in Dec. 2023 was 円937 Mil. Dreambed Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,189 Mil. Hence, Dreambed Co's Days Payable for the three months ended in Dec. 2023 was 71.87.

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

TSE:7791' s Days Payable Range Over the Past 10 Years
Min: 25.14   Med: 83.61   Max: 98.32
Current: 80.02

During the past 5 years, Dreambed Co's highest Days Payable was 98.32. The lowest was 25.14. And the median was 83.61.

TSE:7791's Days Payable is ranked better than
58.56% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs TSE:7791: 80.02

Dreambed Co's Days Payable declined from Dec. 2022 (78.46) to Dec. 2023 (71.87). It may suggest that Dreambed Co accelerated paying its suppliers.


Dreambed Co Days Payable Historical Data

The historical data trend for Dreambed 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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Dreambed Co Days Payable Chart

Dreambed Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
25.14 57.99 98.32 89.20 83.61

Dreambed Co Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 78.46 77.83 86.65 87.11 71.87

Competitive Comparison of Dreambed Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Dreambed 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.


Dreambed Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dreambed Co's Days Payable distribution charts can be found below:

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



Dreambed 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.

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

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1092.906 + 1143.231) / 2 ) / 4880.97*365
=1118.0685 / 4880.97*365
=83.61

Dreambed 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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (955.582 + 917.558) / 2 ) / 1189.048*365 / 4
=936.57 / 1189.048*365 / 4
=71.87

* 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.


Dreambed Co Days Payable Related Terms

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Dreambed Co (TSE:7791) Business Description

Traded in Other Exchanges
N/A
Address
3-12-39 Koihonmachi, Nishi-Ku, Hiroshima, JPN, 733-0812
Dreambed Co Ltd is engaged in the manufacturing and sale of bedding, other bedding products and sofa.

Dreambed Co (TSE:7791) Headlines

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