HIDAY HIDAKA (TSE:7611) Days Payable : 29.44 (As of Feb. 2024)

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What is HIDAY HIDAKA Days Payable?

HIDAY HIDAKA's average Accounts Payable for the three months ended in Feb. 2024 was 円1,158 Mil. HIDAY HIDAKA's Cost of Goods Sold for the three months ended in Feb. 2024 was 円3,591 Mil. Hence, HIDAY HIDAKA's Days Payable for the three months ended in Feb. 2024 was 29.44.

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

TSE:7611' s Days Payable Range Over the Past 10 Years
Min: 25.5 Med: 28.2 Max: 31.96
Current: 29.55

During the past 13 years, HIDAY HIDAKA's highest Days Payable was 31.96. The lowest was 25.50. And the median was 28.20.

TSE:7611's Days Payable is ranked worse than
69.41% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs TSE:7611: 29.55

HIDAY HIDAKA's Days Payable stayed the same from Feb. 2023 (29.44) to Feb. 2024 (29.44). stayed the same

HIDAY HIDAKA Days Payable Historical Data

The historical data trend for HIDAY HIDAKA'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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HIDAY HIDAKA Days Payable Chart

HIDAY HIDAKA Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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28.61

31.96

25.87

25.50

28.28

HIDAY HIDAKA 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															29.44	28.94	30.65	30.44	29.44

Competitive Comparison of HIDAY HIDAKA's Days Payable

For the Restaurants subindustry, HIDAY HIDAKA'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.

HIDAY HIDAKA's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, HIDAY HIDAKA's Days Payable distribution charts can be found below:

* The bar in red indicates where HIDAY HIDAKA's Days Payable falls into.

HIDAY HIDAKA 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.

HIDAY HIDAKA'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
=	( (962.204	+	1157.964)	/	2 )	/	13683.752	*	365
=	1060.084					/	13683.752	*	365
=	28.28

HIDAY HIDAKA'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
=	( (1158.781	+	1157.964)	/	2 )	/	3590.714	*	365 / 4
=	1158.3725					/	3590.714	*	365 / 4
=	29.44

HIDAY HIDAKA Days Payable Related Terms

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HIDAY HIDAKA (TSE:7611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » HIDAY HIDAKA Corp (TSE:7611) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 6F, Saitama, JPN, 3-105

Website

http://www.hiday.co.jp

HIDAY HIDAKA Corp Is a Japan-based company principally engaged in the business of restaurant chains operation. It operates through its chain of Hidaka restaurants. The company through its stores in metropolitan areas, offers food menu which includes dishes like gyozo, ramen, Chinese rice, stir-fry dishes such as Mabo Tofu, dumplings and Chinese Donburu and other Chinese dishes. Ramen is the signboard menu of the company which is used along with soup, noodles, sliced chowder, Tonkotsu and chicken stock. Customers of the company range from students to businesspeople, late-shift workers, and seniors.

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