TV Asahi Holdings (TSE:9409) Days Payable : 13.69 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is TV Asahi Holdings Days Payable?

TV Asahi Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円8,883 Mil. TV Asahi Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円59,213 Mil. Hence, TV Asahi Holdings's Days Payable for the three months ended in Dec. 2023 was 13.69.

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

TSE:9409' s Days Payable Range Over the Past 10 Years
Min: 11.54 Med: 15.17 Max: 18.57
Current: 14.46

During the past 13 years, TV Asahi Holdings's highest Days Payable was 18.57. The lowest was 11.54. And the median was 15.17.

TSE:9409's Days Payable is ranked worse than
92.7% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs TSE:9409: 14.46

TV Asahi Holdings's Days Payable increased from Dec. 2022 (12.43) to Dec. 2023 (13.69). It may suggest that TV Asahi Holdings delayed paying its suppliers.

TV Asahi Holdings Days Payable Historical Data

The historical data trend for TV Asahi 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.

* Premium members only.

TV Asahi Holdings Days Payable Chart

TV Asahi Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

13.97

15.08

14.20

11.54

15.41

TV Asahi Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															12.43	15.79	16.48	11.53	13.69

Competitive Comparison of TV Asahi Holdings's Days Payable

For the Broadcasting subindustry, TV Asahi 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.

TV Asahi Holdings's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where TV Asahi Holdings's Days Payable falls into.

TV Asahi 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.

TV Asahi Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (7254	+	11749)	/	2 )	/	225000	*	365
=	9501.5					/	225000	*	365
=	15.41

TV Asahi 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
=	( (7758	+	10007)	/	2 )	/	59213	*	365 / 4
=	8882.5					/	59213	*	365 / 4
=	13.69

TV Asahi Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of TV Asahi Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

TV Asahi Holdings (TSE:9409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TV Asahi Holdings Corp (TSE:9409) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

THDDY:USA

Address

6-9-1, Roppongi, Minato-ku, Tokyo, JPN, 106-8001

Website

http://www.tv-asahihd.co.jp

TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.

TV Asahi Holdings (TSE:9409) Headlines

No Headlines