Pharmarise Holdings (TSE:2796) Days Payable : 36.90 (As of Feb. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Pharmarise Holdings Days Payable?

Pharmarise Holdings's average Accounts Payable for the three months ended in Feb. 2024 was 円4,667 Mil. Pharmarise Holdings's Cost of Goods Sold for the three months ended in Feb. 2024 was 円11,541 Mil. Hence, Pharmarise Holdings's Days Payable for the three months ended in Feb. 2024 was 36.90.

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

TSE:2796' s Days Payable Range Over the Past 10 Years
Min: 34.76 Med: 42.93 Max: 61.79
Current: 36.87

During the past 13 years, Pharmarise Holdings's highest Days Payable was 61.79. The lowest was 34.76. And the median was 42.93.

TSE:2796's Days Payable is ranked worse than
69.1% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs TSE:2796: 36.87

Pharmarise Holdings's Days Payable increased from Feb. 2023 (36.26) to Feb. 2024 (36.90). It may suggest that Pharmarise Holdings delayed paying its suppliers.

Pharmarise Holdings Days Payable Historical Data

The historical data trend for Pharmarise Holdings'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.

* Premium members only.

Pharmarise Holdings Days Payable Chart

Pharmarise Holdings Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

Get a 7-Day Free Trial

43.09

42.76

40.42

36.58

34.76

Pharmarise Holdings 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															36.26	35.42	36.90	37.57	36.90

Competitive Comparison of Pharmarise Holdings's Days Payable

For the Pharmaceutical Retailers subindustry, Pharmarise Holdings'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.

Pharmarise Holdings's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pharmarise Holdings's Days Payable distribution charts can be found below:

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

Pharmarise Holdings 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.

Pharmarise Holdings's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (4109	+	4252)	/	2 )	/	43896	*	365
=	4180.5					/	43896	*	365
=	34.76

Pharmarise Holdings'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
=	( (4417	+	4917)	/	2 )	/	11541	*	365 / 4
=	4667					/	11541	*	365 / 4
=	36.90

Pharmarise Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Pharmarise Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Pharmarise Holdings (TSE:2796) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Pharmarise Holdings Corp (TSE:2796) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Floor, Sumitomo Nakano Sakue Building, 1-38-1 Chuo, Nakano-ku, Tokyo, JPN, 164-0011

Website

http://www.pharmarise.com

Pharmarise Holdings Corp is engaged in the operation of dispensing pharmacies, which prescribe medicines to general patients based on prescriptions issued by medical institutions. It is also engaged in the storage and management of medical examination records of patients on behalf of the medical institution.

Pharmarise Holdings (TSE:2796) Headlines

No Headlines