Tosho Co (TSE:8920) Days Payable : 0.04 (As of Dec. 2023)

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What is Tosho Co Days Payable?

Tosho Co's average Accounts Payable for the three months ended in Dec. 2023 was 円2 Mil. Tosho Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,036 Mil. Hence, Tosho Co's Days Payable for the three months ended in Dec. 2023 was 0.04.

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

TSE:8920' s Days Payable Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.06
Current: 0.03

During the past 13 years, Tosho Co's highest Days Payable was 0.06. The lowest was 0.01. And the median was 0.02.

TSE:8920's Days Payable is ranked worse than
100% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs TSE:8920: 0.03

Tosho Co's Days Payable increased from Dec. 2022 (0.01) to Dec. 2023 (0.04). It may suggest that Tosho Co delayed paying its suppliers.

Tosho Co Days Payable Historical Data

The historical data trend for Tosho 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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Tosho Co Days Payable Chart

Tosho Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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0.01

0.04

Tosho 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															0.01	0.01	0.02	0.04	0.03

Competitive Comparison of Tosho Co's Days Payable

For the Leisure subindustry, Tosho 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.

Tosho Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tosho Co's Days Payable distribution charts can be found below:

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

Tosho 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.

Tosho Co'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
=	( (0.748	+	5.048)	/	2 )	/	25146.924	*	365
=	2.898					/	25146.924	*	365
=	0.04

Tosho Co'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
=	( (2.473	+	1.488)	/	2 )	/	5035.568	*	365 / 4
=	1.9805					/	5035.568	*	365 / 4
=	0.04

Tosho Co Days Payable Related Terms

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Tosho Co (TSE:8920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tosho Co Ltd (TSE:8920) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8920:Japan

Address

1-16-5, Mikawaanjocho, Anjo-Shi, Aichi, JPN, 446-0056

Website

http://www.to-sho.net

Tosho Co Ltd is mainly engaged in the operation of sports clubs in Japan. It mainly operates membership sports clubs under the name Holiday Sports Club and golf practice ranges under the name Holiday Golf Garden. The company's business segment includes Sports club business; Hotel business and Real estate business. It generates maximum revenue from the Sports club business segment.

Tosho Co (TSE:8920) Headlines

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