Taiheiyo Kouhatsu (TSE:8835) Days Payable : 44.95 (As of Dec. 2023)

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What is Taiheiyo Kouhatsu Days Payable?

Taiheiyo Kouhatsu's average Accounts Payable for the three months ended in Dec. 2023 was 円4,793 Mil. Taiheiyo Kouhatsu's Cost of Goods Sold for the three months ended in Dec. 2023 was 円9,730 Mil. Hence, Taiheiyo Kouhatsu's Days Payable for the three months ended in Dec. 2023 was 44.95.

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

TSE:8835' s Days Payable Range Over the Past 10 Years
Min: 13.5 Med: 33.86 Max: 53.75
Current: 53.75

During the past 13 years, Taiheiyo Kouhatsu's highest Days Payable was 53.75. The lowest was 13.50. And the median was 33.86.

TSE:8835's Days Payable is ranked worse than
55.51% of 472 companies
in the Conglomerates industry
Industry Median: 59.465 vs TSE:8835: 53.75

Taiheiyo Kouhatsu's Days Payable declined from Dec. 2022 (60.30) to Dec. 2023 (44.95). It may suggest that Taiheiyo Kouhatsu accelerated paying its suppliers.

Taiheiyo Kouhatsu Days Payable Historical Data

The historical data trend for Taiheiyo Kouhatsu'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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Taiheiyo Kouhatsu Days Payable Chart

Taiheiyo Kouhatsu Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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36.14

35.68

38.17

37.13

28.84

Taiheiyo Kouhatsu 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															60.30	57.82	58.52	40.46	44.95

Competitive Comparison of Taiheiyo Kouhatsu's Days Payable

For the Conglomerates subindustry, Taiheiyo Kouhatsu'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.

Taiheiyo Kouhatsu's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Taiheiyo Kouhatsu's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiheiyo Kouhatsu's Days Payable falls into.

Taiheiyo Kouhatsu 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.

Taiheiyo Kouhatsu'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
=	( (3268	+	4027)	/	2 )	/	46160	*	365
=	3647.5					/	46160	*	365
=	28.84

Taiheiyo Kouhatsu'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
=	( (5679	+	3907)	/	2 )	/	9730	*	365 / 4
=	4793					/	9730	*	365 / 4
=	44.95

Taiheiyo Kouhatsu Days Payable Related Terms

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Taiheiyo Kouhatsu (TSE:8835) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Taiheiyo Kouhatsu Inc (TSE:8835) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Matai Building, 2-6-7, Motoasakusa, Taito-ku, Tokyo, JPN, 111-0041

Website

http://www.taiheiyo.net

Taiheiyo Kouhatsu Inc operates in the real estate and energy businesses in Japan. Taiheiyo Kouhatsu as a real estate developer takes comprehensive care of planning, site selection, design and surveillance, and sales of condominiums, residential land and detached houses. The energy business is involved in the sell of fuel oil and lubricating oil mainly for general industry and ships. It also sells gasoline, light oil and kerosene to franchised stores handling oil. In addition, it is engaged in the provision of nursing home services for seniors.

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