Starts Proceed Investment (TSE:8979) Days Payable : 19.22 (As of Apr. 2023)

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What is Starts Proceed Investment Days Payable?

Starts Proceed Investment's average Accounts Payable for the six months ended in Apr. 2023 was 円164 Mil. Starts Proceed Investment's Cost of Goods Sold for the six months ended in Apr. 2023 was 円1,555 Mil. Hence, Starts Proceed Investment's Days Payable for the six months ended in Apr. 2023 was 19.22.

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

TSE:8979' s Days Payable Range Over the Past 10 Years
Min: 20 Med: 38.16 Max: 48.73
Current: 20

During the past 13 years, Starts Proceed Investment's highest Days Payable was 48.73. The lowest was 20.00. And the median was 38.16.

TSE:8979's Days Payable is ranked worse than
90.82% of 523 companies
in the REITs industry
Industry Median: 129.64 vs TSE:8979: 20.00

Starts Proceed Investment's Days Payable declined from Apr. 2022 (25.96) to Apr. 2023 (19.22). It may suggest that Starts Proceed Investment accelerated paying its suppliers.

Starts Proceed Investment Days Payable Historical Data

The historical data trend for Starts Proceed Investment'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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Starts Proceed Investment Days Payable Chart

Starts Proceed Investment Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Days Payable

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36.87

25.16

21.51

24.57

28.44

Starts Proceed Investment Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Days Payable	Get a 7-Day Free Trial															17.59	24.01	25.96	23.42	19.22

Competitive Comparison of Starts Proceed Investment's Days Payable

For the REIT - Residential subindustry, Starts Proceed Investment'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.

Starts Proceed Investment's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Starts Proceed Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Starts Proceed Investment's Days Payable falls into.

Starts Proceed Investment 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.

Starts Proceed Investment's Days Payable for the fiscal year that ended in Oct. 2022 is calculated as

	Days Payable (A: Oct. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2021 )	+	Accounts Payable (A: Oct. 2022 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2022 )	*	Days in Period
=	( (234.972	+	202.506)	/	2 )	/	2807.515	*	365
=	218.739					/	2807.515	*	365
=	28.44

Starts Proceed Investment's Days Payable for the quarter that ended in Apr. 2023 is calculated as:

	Days Payable (Q: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2022 )	+	Accounts Payable (Q: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2023 )	*	Days in Period
=	( (202.506	+	124.919)	/	2 )	/	1554.855	*	365 / 2
=	163.7125					/	1554.855	*	365 / 2
=	19.22

Starts Proceed Investment Days Payable Related Terms

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Starts Proceed Investment (TSE:8979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Starts Proceed Investment Corp (TSE:8979) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-2-9 Nihonbashi, Chuo-ku, Tokyo, JPN

Website

http://www.sp-inv.co.jp

Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.

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