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TSON Co (TSE:3456) Days Payable : 0.29 (As of Jun. 2023)


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What is TSON Co Days Payable?

TSON Co's average Accounts Payable for the six months ended in Jun. 2023 was 円3 Mil. TSON Co's Cost of Goods Sold for the six months ended in Jun. 2023 was 円1,607 Mil. Hence, TSON Co's Days Payable for the six months ended in Jun. 2023 was 0.29.

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

TSE:3456' s Days Payable Range Over the Past 10 Years
Min: 0.03   Med: 8.89   Max: 26.56
Current: 0.17

During the past 10 years, TSON Co's highest Days Payable was 26.56. The lowest was 0.03. And the median was 8.89.

TSE:3456's Days Payable is not ranked
in the Real Estate industry.
Industry Median: 97.295 vs TSE:3456: 0.17

TSON Co's Days Payable increased from Jun. 2022 (0.26) to Jun. 2023 (0.29). It may suggest that TSON Co delayed paying its suppliers.


TSON Co Days Payable Historical Data

The historical data trend for TSON 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.

TSON Co Days Payable Chart

TSON Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.88 5.26 8.87 4.30 0.03

TSON Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 8.52 6.44 0.26 0.20 0.29

Competitive Comparison of TSON Co's Days Payable

For the Real Estate Services subindustry, TSON 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.


TSON Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TSON Co's Days Payable distribution charts can be found below:

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



TSON 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.

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

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.454 + 0.293) / 2 ) / 3950.645*365
=0.3735 / 3950.645*365
=0.03

TSON Co's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (4.755 + 0.293) / 2 ) / 1607.208*365 / 2
=2.524 / 1607.208*365 / 2
=0.29

* 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.


TSON Co Days Payable Related Terms

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TSON Co (TSE:3456) Business Description

Traded in Other Exchanges
N/A
Address
3-22-8 Meieki, Nakamura-ku, Aichi Prefecture, Nagoya, JPN
TSON Co Ltd provides real estate services. The company is engaged in constructions, contracting and design & construction of civil engineering work, design of rental housing and construction management. It also provides Consulting for planning business of advertisement promotion activities of enterprises, advertising agency business, land utilization, asset utilization.

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