Tokyu Construction Co (TSE:1720) Days Payable : 47.49 (As of Dec. 2023)

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What is Tokyu Construction Co Days Payable?

Tokyu Construction Co's average Accounts Payable for the three months ended in Dec. 2023 was 円34,131 Mil. Tokyu Construction Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円65,585 Mil. Hence, Tokyu Construction Co's Days Payable for the three months ended in Dec. 2023 was 47.49.

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

TSE:1720' s Days Payable Range Over the Past 10 Years
Min: 52.31 Med: 77.84 Max: 134.31
Current: 52.31

During the past 13 years, Tokyu Construction Co's highest Days Payable was 134.31. The lowest was 52.31. And the median was 77.84.

TSE:1720's Days Payable is ranked worse than
69.91% of 1605 companies
in the Construction industry
Industry Median: 73.78 vs TSE:1720: 52.31

Tokyu Construction Co's Days Payable declined from Dec. 2022 (56.21) to Dec. 2023 (47.49). It may suggest that Tokyu Construction Co accelerated paying its suppliers.

Tokyu Construction Co Days Payable Historical Data

The historical data trend for Tokyu Construction 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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Tokyu Construction Co Days Payable Chart

Tokyu Construction Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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72.89

67.88

64.70

63.59

59.06

Tokyu Construction 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															49.28	60.99	46.58	47.49	48.71

Competitive Comparison of Tokyu Construction Co's Days Payable

For the Engineering & Construction subindustry, Tokyu Construction 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.

Tokyu Construction Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tokyu Construction Co's Days Payable distribution charts can be found below:

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

Tokyu Construction 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.

Tokyu Construction 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
=	( (44324	+	39687)	/	2 )	/	259598	*	365
=	42005.5					/	259598	*	365
=	59.06

Tokyu Construction 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
=	( (33081	+	35181)	/	2 )	/	65585	*	365 / 4
=	34131					/	65585	*	365 / 4
=	47.49

Tokyu Construction Co Days Payable Related Terms

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Tokyu Construction Co (TSE:1720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tokyu Construction Co Ltd (TSE:1720) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TCW:Germany

Address

1-16-14, Shibuya, Shibuya-ku, Tokyo, JPN, 150-8340

Website

http://www.tokyu-cnst.co.jp

Tokyu Construction is a Japan-based company that provides various construction-related services. The company's services include civil engineering and building construction, investigation, construction planning, geological surveying, consultancy services, measurement, designing, building maintenance and supervision, real estate leasing, and worker dispatching. Its construction activities encompass educational facilities, offices, hotels, commercial facilities, environmental improvement facilities, care facilities, hospitals, logistics facilities, factories, roads, sports facilities, airports, and so on.

Tokyu Construction Co (TSE:1720) Headlines

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