J Trust Co (TSE:8508) Days Payable : 58.42 (As of Mar. 2024)

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What is J Trust Co Days Payable?

J Trust Co's average Accounts Payable for the three months ended in Mar. 2024 was 円14,137 Mil. J Trust Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円22,082 Mil. Hence, J Trust Co's Days Payable for the three months ended in Mar. 2024 was 58.42.

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

TSE:8508' s Days Payable Range Over the Past 10 Years
Min: 56.96 Med: 95.39 Max: 259
Current: 58.3

During the past 13 years, J Trust Co's highest Days Payable was 259.00. The lowest was 56.96. And the median was 95.39.

TSE:8508's Days Payable is ranked worse than
61.33% of 75 companies
in the Diversified Financial Services industry
Industry Median: 82.81 vs TSE:8508: 58.30

J Trust Co's Days Payable declined from Mar. 2023 (69.93) to Mar. 2024 (58.42). It may suggest that J Trust Co accelerated paying its suppliers.

J Trust Co Days Payable Historical Data

The historical data trend for J Trust 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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J Trust Co Days Payable Chart

J Trust Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Days Payable

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68.93

56.96

259.00

234.26

113.12

J Trust 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															69.93	64.40	59.03	52.10	58.42

Competitive Comparison of J Trust Co's Days Payable

For the Financial Conglomerates subindustry, J Trust 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.

J Trust Co's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, J Trust Co's Days Payable distribution charts can be found below:

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

J Trust 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.

J Trust Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (14657	+	13856)	/	2 )	/	45999	*	365
=	14256.5					/	45999	*	365
=	113.12

J Trust 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
=	( (14041	+	14233)	/	2 )	/	22082	*	365 / 4
=	14137					/	22082	*	365 / 4
=	58.42

J Trust Co Days Payable Related Terms

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J Trust Co (TSE:8508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » J Trust Co Ltd (TSE:8508) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toranomon First Garden 1-7-12 Toranomon, Minato-Ku, Tokyo, JPN, 105-0001

Website

http://www.jt-corp.co.jp

J Trust Co Ltd is a Japan-based company that operates financial and nonfinancial businesses via several subsidiaries. The company's financial business includes a domestic financial business, which consists of credit guarantee, credit and consumer credit, collection of accounts receivable, and other financial services; a financial business in South Korea, which contains a savings bank business, capital business, and a collection of accounts receivable; and a financial business in Southeast Asia, which contains a banking business and a collection of accounts receivable. It's nonfinancial business includes a general entertainment business, a real estate business, an investment business, and other business. It generates around two thirds of its total revenue from its financial businesses.

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