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Daiwa Securities Living Investment (TSE:8986) Days Payable : 19.87 (As of Sep. 2023)


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What is Daiwa Securities Living Investment Days Payable?

Daiwa Securities Living Investment's average Accounts Payable for the six months ended in Sep. 2023 was 円558 Mil. Daiwa Securities Living Investment's Cost of Goods Sold for the six months ended in Sep. 2023 was 円5,121 Mil. Hence, Daiwa Securities Living Investment's Days Payable for the six months ended in Sep. 2023 was 19.87.

The historical rank and industry rank for Daiwa Securities Living Investment's Days Payable or its related term are showing as below:

TSE:8986' s Days Payable Range Over the Past 10 Years
Min: 14.3   Med: 22.45   Max: 31.98
Current: 19.7

During the past 13 years, Daiwa Securities Living Investment's highest Days Payable was 31.98. The lowest was 14.30. And the median was 22.45.

TSE:8986's Days Payable is ranked worse than
91.03% of 524 companies
in the REITs industry
Industry Median: 126.16 vs TSE:8986: 19.70

Daiwa Securities Living Investment's Days Payable increased from Sep. 2022 (19.05) to Sep. 2023 (19.87). It may suggest that Daiwa Securities Living Investment delayed paying its suppliers.


Daiwa Securities Living Investment Days Payable Historical Data

The historical data trend for Daiwa Securities Living Investment'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.

Daiwa Securities Living Investment Days Payable Chart

Daiwa Securities Living Investment Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.42 31.98 28.18 24.56 16.68

Daiwa Securities Living Investment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 14.97 15.95 19.05 18.67 19.87

Competitive Comparison of Daiwa Securities Living Investment's Days Payable

For the REIT - Residential subindustry, Daiwa Securities Living Investment'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.


Daiwa Securities Living Investment's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa Securities Living Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Daiwa Securities Living Investment's Days Payable falls into.



Daiwa Securities Living Investment 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.

Daiwa Securities Living Investment's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

Days Payable (A: Sep. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2021 ) + Accounts Payable (A: Sep. 2022 )) / count ) / Cost of Goods Sold (A: Sep. 2022 )*Days in Period
=( (343.13 + 525.534) / 2 ) / 9503.4*365
=434.332 / 9503.4*365
=16.68

Daiwa Securities Living Investment's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (499.435 + 615.602) / 2 ) / 5121.322*365 / 2
=557.5185 / 5121.322*365 / 2
=19.87

* 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.


Daiwa Securities Living Investment Days Payable Related Terms

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Daiwa Securities Living Investment (TSE:8986) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.

Daiwa Securities Living Investment (TSE:8986) Headlines

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