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Taisei Oncho Co (Taisei Oncho Co) Days Payable : 35.73 (As of Dec. 2023)


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What is Taisei Oncho Co Days Payable?

Taisei Oncho Co's average Accounts Payable for the three months ended in Dec. 2023 was $38.2 Mil. Taisei Oncho Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $97.7 Mil. Hence, Taisei Oncho Co's Days Payable for the three months ended in Dec. 2023 was 35.73.

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

TSOCF' s Days Payable Range Over the Past 10 Years
Min: 38.71   Med: 117.71   Max: 133.06
Current: 38.71

During the past 13 years, Taisei Oncho Co's highest Days Payable was 133.06. The lowest was 38.71. And the median was 117.71.

TSOCF's Days Payable is ranked worse than
81.2% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs TSOCF: 38.71

Taisei Oncho Co's Days Payable increased from Dec. 2022 (34.84) to Dec. 2023 (35.73). It may suggest that Taisei Oncho Co delayed paying its suppliers.


Taisei Oncho Co Days Payable Historical Data

The historical data trend for Taisei Oncho 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.

* Premium members only.

Taisei Oncho Co Days Payable Chart

Taisei Oncho Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.08 103.70 81.69 60.63 60.58

Taisei Oncho Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.84 39.78 47.36 36.03 35.73

Competitive Comparison of Taisei Oncho Co's Days Payable

For the Building Products & Equipment subindustry, Taisei Oncho 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.


Taisei Oncho Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taisei Oncho Co's Days Payable distribution charts can be found below:

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



Taisei Oncho 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.

Taisei Oncho Co'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
=( (56.636 + 42.511) / 2 ) / 298.708*365
=49.5735 / 298.708*365
=60.58

Taisei Oncho 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
=( (37.874 + 38.624) / 2 ) / 97.681*365 / 4
=38.249 / 97.681*365 / 4
=35.73

* 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.


Taisei Oncho Co Days Payable Related Terms

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Taisei Oncho Co (Taisei Oncho Co) Business Description

Traded in Other Exchanges
Address
1-47-1 Oi, Shinagawa-ku, Tokyo, JPN, 140 8515
Taisei Oncho Co., Ltd. is engaged in designing and installation of air-conditioning & plumbing works. It offers its services to high-rise buildings, hospitals, hotels, shopping centers, general-purpose buildings & also offers related refurbishment & maintenance services. It also provides maintenance contract and after-sales services.

Taisei Oncho Co (Taisei Oncho Co) Headlines

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