Wakou Shokuhin Co (TSE:2813) Days Payable : 39.98 (As of Dec. 2023)

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What is Wakou Shokuhin Co Days Payable?

Wakou Shokuhin Co's average Accounts Payable for the three months ended in Dec. 2023 was 円1,339 Mil. Wakou Shokuhin Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,055 Mil. Hence, Wakou Shokuhin Co's Days Payable for the three months ended in Dec. 2023 was 39.98.

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

TSE:2813' s Days Payable Range Over the Past 10 Years
Min: 36.21 Med: 47.46 Max: 71.29
Current: 45.04

During the past 13 years, Wakou Shokuhin Co's highest Days Payable was 71.29. The lowest was 36.21. And the median was 47.46.

TSE:2813's Days Payable is ranked worse than
51.34% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs TSE:2813: 45.04

Wakou Shokuhin Co's Days Payable declined from Dec. 2022 (48.63) to Dec. 2023 (39.98). It may suggest that Wakou Shokuhin Co accelerated paying its suppliers.

Wakou Shokuhin Co Days Payable Historical Data

The historical data trend for Wakou Shokuhin 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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Wakou Shokuhin Co Days Payable Chart

Wakou Shokuhin Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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49.50

45.41

40.50

37.57

36.21

Wakou Shokuhin 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															48.63	52.44	38.27	43.17	39.98

Competitive Comparison of Wakou Shokuhin Co's Days Payable

For the Packaged Foods subindustry, Wakou Shokuhin 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.

Wakou Shokuhin Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Wakou Shokuhin 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.

Wakou Shokuhin 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
=	( (932.638	+	1020.665)	/	2 )	/	9845.257	*	365
=	976.6515					/	9845.257	*	365
=	36.21

Wakou Shokuhin 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
=	( (1336.384	+	1340.712)	/	2 )	/	3055.101	*	365 / 4
=	1338.548					/	3055.101	*	365 / 4
=	39.98

Wakou Shokuhin Co Days Payable Related Terms

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Wakou Shokuhin Co (TSE:2813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wakou Shokuhin Co Ltd (TSE:2813) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hokkaido Otaru City 3-2 Chuetsu 3, Hokkaido, JPN

Website

http://www.wakoushokuhin.co.jp

Wakou Shokuhin Co Ltd is engaged in manufacture and sales of various soup and natural extracts. The category of food products includes soy sauce ramen soup, tonkotsu ramen soup, tsukemen soup, and noodle soup.

Wakou Shokuhin Co (TSE:2813) Headlines

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