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Jaccs Co (TSE:8584) Days Payable : 4,549.65 (As of Dec. 2023)


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What is Jaccs Co Days Payable?

Jaccs Co's average Accounts Payable for the three months ended in Dec. 2023 was 円264,703 Mil. Jaccs Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,309 Mil. Hence, Jaccs Co's Days Payable for the three months ended in Dec. 2023 was 4,549.65.

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

TSE:8584' s Days Payable Range Over the Past 10 Years
Min: 4673.25   Med: 63590.15   Max: 104686.66
Current: 4673.25

During the past 13 years, Jaccs Co's highest Days Payable was 104686.66. The lowest was 4673.25. And the median was 63590.15.

TSE:8584's Days Payable is ranked better than
96.81% of 282 companies
in the Credit Services industry
Industry Median: 48.745 vs TSE:8584: 4673.25

Jaccs Co's Days Payable declined from Dec. 2022 (5,561.40) to Dec. 2023 (4,549.65). It may suggest that Jaccs Co accelerated paying its suppliers.


Jaccs Co Days Payable Historical Data

The historical data trend for Jaccs 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.

* Premium members only.

Jaccs Co Days Payable Chart

Jaccs Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54,628.18 39,652.62 36,176.25 24,108.75 5,295.58

Jaccs Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,561.40 4,707.67 4,967.04 4,669.29 4,549.65

Competitive Comparison of Jaccs Co's Days Payable

For the Credit Services subindustry, Jaccs 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.


Jaccs Co's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Jaccs Co's Days Payable distribution charts can be found below:

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



Jaccs 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.

Jaccs 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
=( (200092 + 254341) / 2 ) / 15661*365
=227216.5 / 15661*365
=5,295.58

Jaccs 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
=( (270578 + 258827) / 2 ) / 5309*365 / 4
=264702.5 / 5309*365 / 4
=4,549.65

* 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.


Jaccs Co Days Payable Related Terms

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Jaccs Co (TSE:8584) Business Description

Traded in Other Exchanges
N/A
Address
1-18, Ebisu, 4-chome, Shibuya-ku, Ebisu Neonato Bldg, Tokyo, JPN, 150-8932
Jaccs Co Ltd is a consumer finance company that operates in Japan and other parts of Asia. The company's main businesses are the credit business, the credit card business, and the financing business. The credit business offers loans for purchases and expenses such as vehicles, medical care, bridal, home renovation, jewelry, watches, and kimono. The credit card business issues credit cards under the Visa, MasterCard, and JCB brands and has nearly 7 million cardholders. The financing business offers bill collection services as well as credit guarantees for personal and housing loans extended by financial institutions.

Jaccs Co (TSE:8584) Headlines

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