ROYAL HOLDINGS Co (TSE:8179) Days Payable : 36.50 (As of Mar. 2024)

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What is ROYAL HOLDINGS Co Days Payable?

ROYAL HOLDINGS Co's average Accounts Payable for the three months ended in Mar. 2024 was 円4,320 Mil. ROYAL HOLDINGS Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円10,799 Mil. Hence, ROYAL HOLDINGS Co's Days Payable for the three months ended in Mar. 2024 was 36.50.

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

TSE:8179' s Days Payable Range Over the Past 10 Years
Min: 32.68 Med: 34.32 Max: 46.03
Current: 33.34

During the past 13 years, ROYAL HOLDINGS Co's highest Days Payable was 46.03. The lowest was 32.68. And the median was 34.32.

TSE:8179's Days Payable is ranked worse than
59.12% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs TSE:8179: 33.34

ROYAL HOLDINGS Co's Days Payable declined from Mar. 2023 (38.57) to Mar. 2024 (36.50). It may suggest that ROYAL HOLDINGS Co accelerated paying its suppliers.

ROYAL HOLDINGS Co Days Payable Historical Data

The historical data trend for ROYAL 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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ROYAL HOLDINGS Co Days Payable Chart

ROYAL HOLDINGS Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.12

44.13

45.37

46.03

36.33

ROYAL HOLDINGS Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															38.57	33.60	29.84	32.66	36.50

Competitive Comparison of ROYAL HOLDINGS Co's Days Payable

For the Restaurants subindustry, ROYAL 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.

ROYAL HOLDINGS Co's Days Payable Distribution in the Restaurants Industry

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

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

ROYAL 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.

ROYAL HOLDINGS Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (4055	+	4382)	/	2 )	/	42381	*	365
=	4218.5					/	42381	*	365
=	36.33

ROYAL HOLDINGS Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4382	+	4258)	/	2 )	/	10799	*	365 / 4
=	4320					/	10799	*	365 / 4
=	36.50

ROYAL HOLDINGS Co Days Payable Related Terms

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ROYAL HOLDINGS Co (TSE:8179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ROYAL HOLDINGS Co Ltd (TSE:8179) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8179:Japan

Address

3-28-5 Naka, Hakata-ku, Fukuoka, JPN, 812-0893

Website

https://www.royal-holdings.co.jp

ROYAL HOLDINGS Co Ltd operates five core businesses in Japan: Restaurants, Hotels, Contract Food Services, In-Flight Catering, and Food Manufacturing. Royal's Restaurants business operates various brands, including Royal Host, Tenya, Cowboy Family, Shakey's, Sizzler, Hananoki, Royal Garden Café, pinkberry, The Third Café, and Rose Bakery. The company's Hotel business operates Richmond Hotels. Contract Food Services provides food in airports, highway service areas, department stores, and convention centers. In-Flight Catering provides meals for dozens of airlines worldwide. The Food Manufacturing business has two central kitchens in Japan that serve the company's other businesses.

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