Relo Group (TSE:8876) Days Payable : 150.35 (As of Mar. 2024)

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What is Relo Group Days Payable?

Relo Group's average Accounts Payable for the three months ended in Mar. 2024 was 円34,140 Mil. Relo Group's Cost of Goods Sold for the three months ended in Mar. 2024 was 円20,720 Mil. Hence, Relo Group's Days Payable for the three months ended in Mar. 2024 was 150.35.

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

TSE:8876' s Days Payable Range Over the Past 10 Years
Min: 6.85 Med: 8.47 Max: 208.1
Current: 131.47

During the past 13 years, Relo Group's highest Days Payable was 208.10. The lowest was 6.85. And the median was 8.47.

TSE:8876's Days Payable is ranked better than
80.59% of 922 companies
in the Business Services industry
Industry Median: 47.74 vs TSE:8876: 131.47

Relo Group's Days Payable increased from Mar. 2023 (98.31) to Mar. 2024 (150.35). It may suggest that Relo Group delayed paying its suppliers.

Relo Group Days Payable Historical Data

The historical data trend for Relo 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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Relo Group Days Payable Chart

Relo Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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9.15

39.04

83.22

100.24

208.10

Relo Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															98.31	112.19	104.89	73.83	150.35

Competitive Comparison of Relo Group's Days Payable

For the Specialty Business Services subindustry, Relo 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.

Relo Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Relo Group's Days Payable distribution charts can be found below:

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

Relo 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.

Relo Group's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (20765	+	61382)	/	2 )	/	72040	*	365
=	41073.5					/	72040	*	365
=	208.10

Relo Group's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (6898	+	61382)	/	2 )	/	20720	*	365 / 4
=	34140					/	20720	*	365 / 4
=	150.35

Relo Group Days Payable Related Terms

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Relo Group (TSE:8876) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Relo Group Inc (TSE:8876) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-3-23, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

http://www.relo.jp

Relo Group Inc is a Japan-based company engaged in providing corporate fringe benefit management outsourcing service. It provides comprehensive support for fringe benefit programs, ranging from housing to leisure and lifestyle improvement. The company manages over 100,000 housing unit's companies rent and provides to their employees, and offers 200,000 kinds of benefits to help employees have fun and improve their well-being. It also operates a rental real estate management business all across Japan. The company operates as an agent that helps to run hotels and attract guests. In addition to hotels, it also provides an insurance consulting business.

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