Kyoritsu Maintenance Co (TSE:9616) Days Payable : 15.57 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Kyoritsu Maintenance Co Days Payable?

Kyoritsu Maintenance Co's average Accounts Payable for the three months ended in Dec. 2023 was 円6,651 Mil. Kyoritsu Maintenance Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円38,964 Mil. Hence, Kyoritsu Maintenance Co's Days Payable for the three months ended in Dec. 2023 was 15.57.

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

TSE:9616' s Days Payable Range Over the Past 10 Years
Min: 13.08 Med: 21.17 Max: 24.25
Current: 16.89

During the past 13 years, Kyoritsu Maintenance Co's highest Days Payable was 24.25. The lowest was 13.08. And the median was 21.17.

TSE:9616's Days Payable is ranked worse than
87.43% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs TSE:9616: 16.89

Kyoritsu Maintenance Co's Days Payable declined from Dec. 2022 (16.24) to Dec. 2023 (15.57). It may suggest that Kyoritsu Maintenance Co accelerated paying its suppliers.

Kyoritsu Maintenance Co Days Payable Historical Data

The historical data trend for Kyoritsu Maintenance 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.

Kyoritsu Maintenance Co Days Payable Chart

Kyoritsu Maintenance Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

22.77

24.25

13.08

17.18

19.58

Kyoritsu Maintenance 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															15.78	16.50	14.37	15.57	18.32

Competitive Comparison of Kyoritsu Maintenance Co's Days Payable

For the Lodging subindustry, Kyoritsu Maintenance 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.

Kyoritsu Maintenance Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kyoritsu Maintenance Co's Days Payable distribution charts can be found below:

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

Kyoritsu Maintenance 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.

Kyoritsu Maintenance 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
=	( (7249	+	9394)	/	2 )	/	155133	*	365
=	8321.5					/	155133	*	365
=	19.58

Kyoritsu Maintenance 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
=	( (6194	+	7107)	/	2 )	/	38964	*	365 / 4
=	6650.5					/	38964	*	365 / 4
=	15.57

Kyoritsu Maintenance Co Days Payable Related Terms

Thank you for viewing the detailed overview of Kyoritsu Maintenance Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kyoritsu Maintenance Co (TSE:9616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kyoritsu Maintenance Co Ltd (TSE:9616) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

648:Germany

Address

2-18-8 Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-8621

Website

http://www.kyoritsugroup.co.jp

Kyoritsu Maintenance Co., Ltd. operates six business segments: dormitory business, hotel business, Contracted Services Business, Food Services Business, Construction Business and Other Business in Japan. The Dormitory business offers student dormitory, corporate dormitory, Domeal and consigned dormitory. Hotel business includes Resort Hotel named Dormy Inn. Contracted Services Business offers services including building management and building construction work. Other business segment includes senior life business which manages houses for the elderly and Public Kyoritsu Partnership business (PKP) which includes consigned services business provided to regional government bodies. The Company generates maximum revenue from dormitory business.

Kyoritsu Maintenance Co (TSE:9616) Headlines

No Headlines