Brass (TSE:2424) Days Payable : 27.72 (As of Jan. 2024)

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What is Brass Days Payable?

Brass's average Accounts Payable for the three months ended in Jan. 2024 was 円303 Mil. Brass's Cost of Goods Sold for the three months ended in Jan. 2024 was 円998 Mil. Hence, Brass's Days Payable for the three months ended in Jan. 2024 was 27.72.

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

TSE:2424' s Days Payable Range Over the Past 10 Years
Min: 24.96 Med: 31.02 Max: 62.44
Current: 24.96

During the past 9 years, Brass's highest Days Payable was 62.44. The lowest was 24.96. And the median was 31.02.

TSE:2424's Days Payable is ranked worse than
60.61% of 99 companies
in the Personal Services industry
Industry Median: 29.65 vs TSE:2424: 24.96

Brass's Days Payable increased from Jan. 2023 (27.01) to Jan. 2024 (27.72). It may suggest that Brass delayed paying its suppliers.

Brass Days Payable Historical Data

The historical data trend for Brass'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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Brass Days Payable Chart

Brass Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

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31.02

30.23

29.42

34.62

25.80

Brass Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															27.01	23.45	25.65	30.69	27.72

Competitive Comparison of Brass's Days Payable

For the Personal Services subindustry, Brass'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.

Brass's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Brass's Days Payable distribution charts can be found below:

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

Brass 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.

Brass's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (325.253	+	287.346)	/	2 )	/	4332.612	*	365
=	306.2995					/	4332.612	*	365
=	25.80

Brass's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (405.451	+	200.964)	/	2 )	/	998.025	*	365 / 4
=	303.2075					/	998.025	*	365 / 4
=	27.72

Brass Days Payable Related Terms

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Brass (TSE:2424) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Brass Corp (TSE:2424) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-34-1 Meieki, Yubinbango451, Ecole Plaza Meieki Building, 4th floor, Nishi-ku, Aichi Prefecture, Nagoya, JPN, 451-0045

Website

http://www.brass.ne.jp

Brass Corp is engaged in house wedding business. It is focused on planning and management of wedding reception accompanying house wedding business, sales and rental of wedding costume. It also has a restaurant business.

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