GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Daiichikosho Co Ltd (TSE:7458) » Definitions » Days Payable

Daiichikosho Co (TSE:7458) Days Payable : 14.54 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Daiichikosho Co Days Payable?

Daiichikosho Co's average Accounts Payable for the three months ended in Dec. 2023 was 円3,889 Mil. Daiichikosho Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円24,412 Mil. Hence, Daiichikosho Co's Days Payable for the three months ended in Dec. 2023 was 14.54.

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

TSE:7458' s Days Payable Range Over the Past 10 Years
Min: 14.04   Med: 16.55   Max: 21.46
Current: 16.47

During the past 13 years, Daiichikosho Co's highest Days Payable was 21.46. The lowest was 14.04. And the median was 16.55.

TSE:7458's Days Payable is ranked worse than
88.18% of 753 companies
in the Travel & Leisure industry
Industry Median: 57.9 vs TSE:7458: 16.47

Daiichikosho Co's Days Payable increased from Dec. 2022 (14.50) to Dec. 2023 (14.54). It may suggest that Daiichikosho Co delayed paying its suppliers.


Daiichikosho Co Days Payable Historical Data

The historical data trend for Daiichikosho 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.

Daiichikosho Co Days Payable Chart

Daiichikosho Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.04 16.59 20.46 14.40 16.50

Daiichikosho 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 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 14.50 18.18 18.51 15.24 14.54

Competitive Comparison of Daiichikosho Co's Days Payable

For the Leisure subindustry, Daiichikosho 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.


Daiichikosho Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Daiichikosho Co's Days Payable distribution charts can be found below:

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



Daiichikosho 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.

Daiichikosho 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
=( (2614 + 4954) / 2 ) / 83715*365
=3784 / 83715*365
=16.50

Daiichikosho 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
=( (3580 + 4198) / 2 ) / 24412*365 / 4
=3889 / 24412*365 / 4
=14.54

* 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.


Daiichikosho Co Days Payable Related Terms

Thank you for viewing the detailed overview of Daiichikosho Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Daiichikosho Co (TSE:7458) Business Description

Traded in Other Exchanges
N/A
Address
5-5-26 Kita-shinagawa, Shinagawa-ku, Tokyo, JPN, 141-8701
Daiichikosho Co Ltd is a Japanese electronics company engaged. It is engaged in the manufacturing, sale, and leasing of karaoke software and equipment. The company businesses include Professional karaoke business; Karaoke/restaurant business; Record label business; Elder business; Franchise business; Parking business; BGM broadcasting business; and Web business.

Daiichikosho Co (TSE:7458) Headlines

No Headlines