Hokkaido Chuo Bus Co (SSE:9085) Days Payable : 31.55 (As of Dec. 2023)

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What is Hokkaido Chuo Bus Co Days Payable?

Hokkaido Chuo Bus Co's average Accounts Payable for the three months ended in Dec. 2023 was 円2,663 Mil. Hokkaido Chuo Bus Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円7,700 Mil. Hence, Hokkaido Chuo Bus Co's Days Payable for the three months ended in Dec. 2023 was 31.55.

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

SSE:9085' s Days Payable Range Over the Past 10 Years
Min: 24.69 Med: 26.35 Max: 32.52
Current: 32.52

During the past 7 years, Hokkaido Chuo Bus Co's highest Days Payable was 32.52. The lowest was 24.69. And the median was 26.35.

SSE:9085's Days Payable is ranked worse than
71.28% of 759 companies
in the Travel & Leisure industry
Industry Median: 59.8 vs SSE:9085: 32.52

Hokkaido Chuo Bus Co's Days Payable increased from Dec. 2022 (29.97) to Dec. 2023 (31.55). It may suggest that Hokkaido Chuo Bus Co delayed paying its suppliers.

Hokkaido Chuo Bus Co Days Payable Historical Data

The historical data trend for Hokkaido Chuo Bus 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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Hokkaido Chuo Bus Co Days Payable Chart

Hokkaido Chuo Bus Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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24.69

26.72

29.60

25.79

25.66

Hokkaido Chuo Bus 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															29.97	31.88	31.57	32.88	31.55

Competitive Comparison of Hokkaido Chuo Bus Co's Days Payable

For the Travel Services subindustry, Hokkaido Chuo Bus 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.

Hokkaido Chuo Bus Co's Days Payable Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Hokkaido Chuo Bus Co's Days Payable falls into.

Hokkaido Chuo Bus 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.

Hokkaido Chuo Bus 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
=	( (1773.965	+	2438.861)	/	2 )	/	29956.849	*	365
=	2106.413					/	29956.849	*	365
=	25.66

Hokkaido Chuo Bus 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
=	( (2536.168	+	2789.003)	/	2 )	/	7700.065	*	365 / 4
=	2662.5855					/	7700.065	*	365 / 4
=	31.55

Hokkaido Chuo Bus Co Days Payable Related Terms

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Hokkaido Chuo Bus Co (SSE:9085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hokkaido Chuo Bus Co Ltd (SSE:9085) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-6, Ironai, Otaru, JPN, 047-8601

Website

http://www.chuo-bus.co.jp

Hokkaido Chuo Bus Co Ltd provides general passenger and business charter travel services in Japan. It offers intercity express bus, sightseeing bus tours, city bus, and charter bus services.

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