Saibo Co (TSE:3123) Days Payable : 37.65 (As of Dec. 2023)

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What is Saibo Co Days Payable?

Saibo Co's average Accounts Payable for the three months ended in Dec. 2023 was 円820 Mil. Saibo Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,986 Mil. Hence, Saibo Co's Days Payable for the three months ended in Dec. 2023 was 37.65.

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

TSE:3123' s Days Payable Range Over the Past 10 Years
Min: 28.6 Med: 33.01 Max: 39.02
Current: 33.33

During the past 13 years, Saibo Co's highest Days Payable was 39.02. The lowest was 28.60. And the median was 33.01.

TSE:3123's Days Payable is ranked worse than
72.17% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.48 vs TSE:3123: 33.33

Saibo Co's Days Payable increased from Dec. 2022 (29.36) to Dec. 2023 (37.65). It may suggest that Saibo Co delayed paying its suppliers.

Saibo Co Days Payable Historical Data

The historical data trend for Saibo 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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Saibo Co Days Payable Chart

Saibo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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33.33

39.02

35.20

28.60

31.23

Saibo Co 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															29.36	31.10	29.54	39.12	37.65

Competitive Comparison of Saibo Co's Days Payable

For the Textile Manufacturing subindustry, Saibo 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.

Saibo Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Saibo Co's Days Payable distribution charts can be found below:

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

Saibo 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.

Saibo Co'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
=	( (662.189	+	670.429)	/	2 )	/	7787.162	*	365
=	666.309					/	7787.162	*	365
=	31.23

Saibo 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
=	( (887.761	+	751.38)	/	2 )	/	1986.151	*	365 / 4
=	819.5705					/	1986.151	*	365 / 4
=	37.65

Saibo Co Days Payable Related Terms

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Saibo Co (TSE:3123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Saibo Co Ltd (TSE:3123) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maekawa, No. 70 1-chome, Kawaguchi-shi, Saitama, JPN, 333-0842

Website

http://www.saibo.co.jp

Saibo Co Ltd is a Japan-based company engages in the manufacture and sale of textile products. It is also engaged in the leasing of real estate business.

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