Keihan Holdings Co (TSE:9045) Days Payable : 18.58 (As of Dec. 2023)

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What is Keihan Holdings Co Days Payable?

Keihan Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円10,108 Mil. Keihan Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円49,645 Mil. Hence, Keihan Holdings Co's Days Payable for the three months ended in Dec. 2023 was 18.58.

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

TSE:9045' s Days Payable Range Over the Past 10 Years
Min: 15.86 Med: 17.1 Max: 54.52
Current: 31.37

During the past 13 years, Keihan Holdings Co's highest Days Payable was 54.52. The lowest was 15.86. And the median was 17.10.

TSE:9045's Days Payable is ranked worse than
80.38% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs TSE:9045: 31.37

Keihan Holdings Co's Days Payable declined from Dec. 2022 (22.61) to Dec. 2023 (18.58). It may suggest that Keihan Holdings Co accelerated paying its suppliers.

Keihan Holdings Co Days Payable Historical Data

The historical data trend for Keihan Holdings 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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Keihan Holdings Co Days Payable Chart

Keihan Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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15.86

16.37

17.56

18.72

54.52

Keihan Holdings Co 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															15.57	19.07	16.41	18.58	39.70

Competitive Comparison of Keihan Holdings Co's Days Payable

For the Conglomerates subindustry, Keihan Holdings 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.

Keihan Holdings Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keihan Holdings Co's Days Payable distribution charts can be found below:

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

Keihan Holdings 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.

Keihan Holdings Co'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
=	( (10137	+	56521)	/	2 )	/	223144	*	365
=	33329					/	223144	*	365
=	54.52

Keihan Holdings 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
=	( (8813	+	11402)	/	2 )	/	49645	*	365 / 4
=	10107.5					/	49645	*	365 / 4
=	18.58

Keihan Holdings Co Days Payable Related Terms

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Keihan Holdings Co (TSE:9045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Keihan Holdings Co Ltd (TSE:9045) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

59X:Germany

Address

1-7-31 Otemae, Chuo-ku, Osaka, JPN, 573-0032

Website

http://www.keihan.co.jp

Keihan Electric Railway is a Japanese conglomerate that operates four business segments: transportation, real estate, retail distribution, and leisure and service. Transportation includes a railway system as well as buses and bus services. Real estate, the largest segment by revenue, involves sales or leasing of real estate, wholesale of construction materials, and the design of real estate projects. Retail distribution operates department stores and malls. Leisure and service consists of hotel and sightseeing cruise businesses. The group also operates a credit card business.

Keihan Holdings Co (TSE:9045) Headlines

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