Watts Co (TSE:2735) Days Payable : 40.03 (As of Feb. 2024)

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What is Watts Co Days Payable?

Watts Co's average Accounts Payable for the three months ended in Feb. 2024 was 円4,156 Mil. Watts Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円9,475 Mil. Hence, Watts Co's Days Payable for the three months ended in Feb. 2024 was 40.03.

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

TSE:2735' s Days Payable Range Over the Past 10 Years
Min: 35.73 Med: 55.45 Max: 92.97
Current: 38.94

During the past 13 years, Watts Co's highest Days Payable was 92.97. The lowest was 35.73. And the median was 55.45.

TSE:2735's Days Payable is ranked worse than
55.88% of 306 companies
in the Retail - Defensive industry
Industry Median: 43.72 vs TSE:2735: 38.94

Watts Co's Days Payable increased from Feb. 2023 (39.11) to Feb. 2024 (40.03). It may suggest that Watts Co delayed paying its suppliers.

Watts Co Days Payable Historical Data

The historical data trend for Watts 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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Watts Co Days Payable Chart

Watts Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

Get a 7-Day Free Trial

49.48

45.80

38.74

35.73

39.21

Watts Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															39.11	36.77	39.42	42.46	40.03

Competitive Comparison of Watts Co's Days Payable

For the Grocery Stores subindustry, Watts 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.

Watts Co's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Watts Co's Days Payable distribution charts can be found below:

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

Watts 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.

Watts Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (3943.822	+	3974.812)	/	2 )	/	36854.44	*	365
=	3959.317					/	36854.44	*	365
=	39.21

Watts Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (4541.112	+	3771.49)	/	2 )	/	9474.725	*	365 / 4
=	4156.301					/	9474.725	*	365 / 4
=	40.03

Watts Co Days Payable Related Terms

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Watts Co (TSE:2735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Watts Co Ltd (TSE:2735) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiromi 1-4-70, Chuo-ku, Sumitomo Life Insurance OBP Plaza Building, 5th Floor, Osaka, JPN, 540-0001

Website

http://www.watts-jp.com

Watts Co., Ltd. is engaged in the wholesale of daily necessities, grocery and food products, and other goods. The company's product profile includes Sanitary goods, Cleaning sheet, Water supply equipment, Lunch supplies, and other related products.

Watts Co (TSE:2735) Headlines

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