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Takizawa Ham Co (TSE:2293) Days Payable : 45.28 (As of Dec. 2023)


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What is Takizawa Ham Co Days Payable?

Takizawa Ham Co's average Accounts Payable for the three months ended in Dec. 2023 was 円3,280 Mil. Takizawa Ham Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円6,611 Mil. Hence, Takizawa Ham Co's Days Payable for the three months ended in Dec. 2023 was 45.28.

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

TSE:2293' s Days Payable Range Over the Past 10 Years
Min: 34.59   Med: 39.93   Max: 46.4
Current: 45.36

During the past 13 years, Takizawa Ham Co's highest Days Payable was 46.40. The lowest was 34.59. And the median was 39.93.

TSE:2293's Days Payable is ranked worse than
51.01% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs TSE:2293: 45.36

Takizawa Ham Co's Days Payable increased from Dec. 2022 (39.76) to Dec. 2023 (45.28). It may suggest that Takizawa Ham Co delayed paying its suppliers.


Takizawa Ham Co Days Payable Historical Data

The historical data trend for Takizawa Ham 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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Takizawa Ham Co Days Payable Chart

Takizawa Ham Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.28 38.12 35.57 36.07 34.59

Takizawa Ham 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.76 47.63 37.64 39.89 45.28

Competitive Comparison of Takizawa Ham Co's Days Payable

For the Packaged Foods subindustry, Takizawa Ham 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.


Takizawa Ham Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Takizawa Ham Co's Days Payable distribution charts can be found below:

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



Takizawa Ham 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.

Takizawa Ham 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
=( (2423.429 + 2405.995) / 2 ) / 25479.717*365
=2414.712 / 25479.717*365
=34.59

Takizawa Ham 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
=( (2776.947 + 3783.157) / 2 ) / 6610.775*365 / 4
=3280.052 / 6610.775*365 / 4
=45.28

* 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.


Takizawa Ham Co Days Payable Related Terms

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Takizawa Ham Co (TSE:2293) Business Description

Traded in Other Exchanges
N/A
Address
559-1, town Toinokuchi, Tochigi, JPN, 328-8586
Takizawa Ham Co., Ltd is engaged in the manufacturing and sale of processed meat products, beef and domestic cattle fattening, beef and pork processing, meat general sales, and development of meat shop.

Takizawa Ham Co (TSE:2293) Headlines

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