Shin Maint Holdings Co (TSE:6086) Days Payable : 75.21 (As of Feb. 2024)

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What is Shin Maint Holdings Co Days Payable?

Shin Maint Holdings Co's average Accounts Payable for the three months ended in Feb. 2024 was 円3,185 Mil. Shin Maint Holdings Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円3,864 Mil. Hence, Shin Maint Holdings Co's Days Payable for the three months ended in Feb. 2024 was 75.21.

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

TSE:6086' s Days Payable Range Over the Past 10 Years
Min: 51.55 Med: 59.81 Max: 75.17
Current: 65.16

During the past 12 years, Shin Maint Holdings Co's highest Days Payable was 75.17. The lowest was 51.55. And the median was 59.81.

TSE:6086's Days Payable is ranked better than
61.67% of 921 companies
in the Business Services industry
Industry Median: 47.73 vs TSE:6086: 65.16

Shin Maint Holdings Co's Days Payable increased from Feb. 2023 (71.38) to Feb. 2024 (75.21). It may suggest that Shin Maint Holdings Co delayed paying its suppliers.

Shin Maint Holdings Co Days Payable Historical Data

The historical data trend for Shin Maint Holdings 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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Shin Maint Holdings Co Days Payable Chart

Shin Maint Holdings Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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53.27

64.14

59.29

56.97

57.48

Shin Maint Holdings Co 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															71.38	61.01	60.89	72.06	75.21

Competitive Comparison of Shin Maint Holdings Co's Days Payable

For the Specialty Business Services subindustry, Shin Maint Holdings 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.

Shin Maint Holdings Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shin Maint Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shin Maint Holdings Co's Days Payable falls into.

Shin Maint Holdings 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.

Shin Maint Holdings Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (2524.193	+	2936.388)	/	2 )	/	17336.776	*	365
=	2730.2905					/	17336.776	*	365
=	57.48

Shin Maint Holdings Co'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
=	( (3433.284	+	2936.388)	/	2 )	/	3864.169	*	365 / 4
=	3184.836					/	3864.169	*	365 / 4
=	75.21

Shin Maint Holdings Co Days Payable Related Terms

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Shin Maint Holdings Co (TSE:6086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shin Maint Holdings Co Ltd (TSE:6086) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13 No. 8 Keihin Higashioi Building 3F, Shinagawa-ku, Tokyo, JPN, 140-0011

Website

http://www.shin-pro.com

Shin Maint Holdings Co Ltd is engaged in providing maintenance services for fixing and maintaining equipment and facilities for restaurant chains.

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