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Tokai Tokyo Financial Holdings (TSE:8616) Days Payable : 0.00 (As of Dec. 2023)


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What is Tokai Tokyo Financial Holdings Days Payable?

Tokai Tokyo Financial Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円0 Mil. Tokai Tokyo Financial Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円578 Mil. Hence, Tokai Tokyo Financial Holdings's Days Payable for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Tokai Tokyo Financial Holdings's Days Payable or its related term are showing as below:

TSE:8616's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 104.045
* Ranked among companies with meaningful Days Payable only.

Tokai Tokyo Financial Holdings's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same


Tokai Tokyo Financial Holdings Days Payable Historical Data

The historical data trend for Tokai Tokyo Financial Holdings'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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Tokai Tokyo Financial Holdings Days Payable Chart

Tokai Tokyo Financial Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
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Tokai Tokyo Financial Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tokai Tokyo Financial Holdings's Days Payable

For the Capital Markets subindustry, Tokai Tokyo Financial Holdings'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.


Tokai Tokyo Financial Holdings's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tokai Tokyo Financial Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokai Tokyo Financial Holdings's Days Payable falls into.



Tokai Tokyo Financial Holdings 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.

Tokai Tokyo Financial Holdings's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 2509*365
=0 / 2509*365
=0.00

Tokai Tokyo Financial Holdings'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
=( (0 + 0) / 1 ) / 578*365 / 4
=0 / 578*365 / 4
=0.00

* 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.


Tokai Tokyo Financial Holdings Days Payable Related Terms

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Tokai Tokyo Financial Holdings (TSE:8616) Business Description

Traded in Other Exchanges
Address
6-2, Nihonbashi 3-chome, Chuo-ku, Tokyo, JPN, 103-0027
Tokai Tokyo Financial Holdings Inc. is the holding company of the Tokai Tokyo Financial Group. It operates and manages the group's companies. Tokai Tokyo Financial Group consists primarily of companies in Japan, but a few are in overseas markets. Tokyo Securities is the operating nucleus of the group and manages financial instruments businesses, fund management, back-office services, and research. For the overall group, operations are divided into trading activities and commissions. Tokai's commissions are gained through brokerage services and underwriting and distribution.

Tokai Tokyo Financial Holdings (TSE:8616) Headlines

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