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KENKO Mayonnaise Co (TSE:2915) Days Payable : 76.58 (As of Dec. 2023)


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What is KENKO Mayonnaise Co Days Payable?

KENKO Mayonnaise Co's average Accounts Payable for the three months ended in Dec. 2023 was 円15,153 Mil. KENKO Mayonnaise Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円18,055 Mil. Hence, KENKO Mayonnaise Co's Days Payable for the three months ended in Dec. 2023 was 76.58.

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

TSE:2915' s Days Payable Range Over the Past 10 Years
Min: 23.81   Med: 56.14   Max: 69.06
Current: 69.06

During the past 13 years, KENKO Mayonnaise Co's highest Days Payable was 69.06. The lowest was 23.81. And the median was 56.14.

TSE:2915's Days Payable is ranked better than
69.76% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.08 vs TSE:2915: 69.06

KENKO Mayonnaise Co's Days Payable increased from Dec. 2022 (63.09) to Dec. 2023 (76.58). It may suggest that KENKO Mayonnaise Co delayed paying its suppliers.


KENKO Mayonnaise Co Days Payable Historical Data

The historical data trend for KENKO Mayonnaise 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.

* Premium members only.

KENKO Mayonnaise Co Days Payable Chart

KENKO Mayonnaise Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.67 54.40 51.57 55.61 63.84

KENKO Mayonnaise Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 72.61 60.66 67.82 76.58 76.52

Competitive Comparison of KENKO Mayonnaise Co's Days Payable

For the Packaged Foods subindustry, KENKO Mayonnaise 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.


KENKO Mayonnaise Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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



KENKO Mayonnaise 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.

KENKO Mayonnaise Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (11479 + 13254) / 2 ) / 70707*365
=12366.5 / 70707*365
=63.84

KENKO Mayonnaise 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
=( (15103 + 15203) / 2 ) / 18055*365 / 4
=15153 / 18055*365 / 4
=76.58

* 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.


KENKO Mayonnaise Co Days Payable Related Terms

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KENKO Mayonnaise Co (TSE:2915) Business Description

Traded in Other Exchanges
N/A
Address
3-8-13, Takaito Higashi, Suginami-ku, Tokyo, JPN
KENKO Mayonnaise Co., Ltd. is a food processing company, based in Japan. The company is engaged in the manufacturing, processing, and distribution of a variety of food products such as salads, delicatessen, mayonnaise, dressings, sauces and egg products. Also, the group is engaged in the shop operation and overseas business. Some of its products include GLOBAL mayonnaise; KENKO Restaurant Mayonnaise; Triple Balance Non Oil Bonito; Garlic Butter sauce; SOUZAITEI Frozen Thick Omelet H and others.

KENKO Mayonnaise Co (TSE:2915) Headlines

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