Tokyo Individualized Educational Institute (TSE:4745) Days Payable : 0.45 (As of Nov. 2023)

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What is Tokyo Individualized Educational Institute Days Payable?

Tokyo Individualized Educational Institute's average Accounts Payable for the three months ended in Nov. 2023 was 円16 Mil. Tokyo Individualized Educational Institute's Cost of Goods Sold for the three months ended in Nov. 2023 was 円3,305 Mil. Hence, Tokyo Individualized Educational Institute's Days Payable for the three months ended in Nov. 2023 was 0.45.

The historical rank and industry rank for Tokyo Individualized Educational Institute's Days Payable or its related term are showing as below:

TSE:4745' s Days Payable Range Over the Past 10 Years
Min: 0.22 Med: 0.32 Max: 0.65
Current: 0.38

During the past 13 years, Tokyo Individualized Educational Institute's highest Days Payable was 0.65. The lowest was 0.22. And the median was 0.32.

TSE:4745's Days Payable is ranked worse than
97.65% of 213 companies
in the Education industry
Industry Median: 37.29 vs TSE:4745: 0.38

Tokyo Individualized Educational Institute's Days Payable increased from Nov. 2022 (0.43) to Nov. 2023 (0.45). It may suggest that Tokyo Individualized Educational Institute delayed paying its suppliers.

Tokyo Individualized Educational Institute Days Payable Historical Data

The historical data trend for Tokyo Individualized Educational Institute'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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Tokyo Individualized Educational Institute Days Payable Chart

Tokyo Individualized Educational Institute Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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0.38

0.33

0.24

0.22

Tokyo Individualized Educational Institute Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															0.43	0.31	0.31	0.36	0.45

Competitive Comparison of Tokyo Individualized Educational Institute's Days Payable

For the Education & Training Services subindustry, Tokyo Individualized Educational Institute'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.

Tokyo Individualized Educational Institute's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tokyo Individualized Educational Institute's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokyo Individualized Educational Institute's Days Payable falls into.

Tokyo Individualized Educational Institute 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.

Tokyo Individualized Educational Institute's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (8.357	+	8.471)	/	2 )	/	13975.736	*	365
=	8.414					/	13975.736	*	365
=	0.22

Tokyo Individualized Educational Institute's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (14.864	+	17.986)	/	2 )	/	3304.962	*	365 / 4
=	16.425					/	3304.962	*	365 / 4
=	0.45

Tokyo Individualized Educational Institute Days Payable Related Terms

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Tokyo Individualized Educational Institute (TSE:4745) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tokyo Individualized Educational Institute Inc (TSE:4745) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26-2, Nishi-Shinjuku, Shinjuku Nomura Building, 25th Floor, Shinjuku-ku, Tokyo, JPN, 163-0525

Website

http://www.kobetsu.co.jp

Tokyo Individualized Educational Institute Inc is a Japan based company engaged in providing educational services. It operates private preparatory schools; and provides semi-private tutorial services in Tokyo, Kansai, Tokai, and Kyushu areas.

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