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Life (TSE:8194) Days Payable : 32.98 (As of Nov. 2023)


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What is Life Days Payable?

Life's average Accounts Payable for the three months ended in Nov. 2023 was 円48,187 Mil. Life's Cost of Goods Sold for the three months ended in Nov. 2023 was 円133,308 Mil. Hence, Life's Days Payable for the three months ended in Nov. 2023 was 32.98.

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

TSE:8194' s Days Payable Range Over the Past 10 Years
Min: 29.1   Med: 34.54   Max: 48.85
Current: 31.6

During the past 13 years, Life's highest Days Payable was 48.85. The lowest was 29.10. And the median was 34.54.

TSE:8194's Days Payable is ranked worse than
69.58% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs TSE:8194: 31.60

Life's Days Payable declined from Nov. 2022 (33.41) to Nov. 2023 (32.98). It may suggest that Life accelerated paying its suppliers.


Life Days Payable Historical Data

The historical data trend for Life'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.

Life Days Payable Chart

Life Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.88 48.85 39.08 29.99 29.77

Life 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 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 30.91 31.64 32.36 32.98 31.27

Competitive Comparison of Life's Days Payable

For the Grocery Stores subindustry, Life'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.


Life's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Life's Days Payable distribution charts can be found below:

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



Life 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.

Life'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
=( (41971 + 45332) / 2 ) / 535285*365
=43651.5 / 535285*365
=29.77

Life'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
=( (48387 + 47987) / 2 ) / 133308*365 / 4
=48187 / 133308*365 / 4
=32.98

* 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.


Life Days Payable Related Terms

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Life (TSE:8194) Business Description

Traded in Other Exchanges
N/A
Address
1-2-16 Taito, Taito- ku, Tokyo, JPN, 110-0016
Life Corp is a Japanese supermarket chain operator. The company is domiciled in Japan and generates the majority of revenue domestically. Life Corporation operates stores in Osaka, Tokyo, Hyogo, Kyoto, Nara, Saitama, Chiba, and Kanagawa, and derives the majority of revenue from stores located in Osaka and Tokyo. The company's supermarkets focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products. The supermarkets carry a private-label brand of packaged foods.

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