Workman Co (Workman Co) Days Payable : 21.91 (As of Dec. 2023)

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What is Workman Co Days Payable?

Workman Co's average Accounts Payable for the three months ended in Dec. 2023 was $42.6 Mil. Workman Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $177.2 Mil. Hence, Workman Co's Days Payable for the three months ended in Dec. 2023 was 21.91.

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

WKISF' s Days Payable Range Over the Past 10 Years
Min: 27.88 Med: 35.92 Max: 45.38
Current: 27.88

During the past 13 years, Workman Co's highest Days Payable was 45.38. The lowest was 27.88. And the median was 35.92.

WKISF's Days Payable is ranked worse than
78.54% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs WKISF: 27.88

Workman Co's Days Payable increased from Dec. 2022 (19.16) to Dec. 2023 (21.91). It may suggest that Workman Co delayed paying its suppliers.

Workman Co Days Payable Historical Data

The historical data trend for Workman 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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Workman Co Days Payable Chart

Workman Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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32.18

32.02

34.20

32.50

32.56

Workman 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															28.72	27.44	31.74	21.91	31.02

Competitive Comparison of Workman Co's Days Payable

For the Apparel Retail subindustry, Workman 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.

Workman Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Workman Co's Days Payable distribution charts can be found below:

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

Workman 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.

Workman 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
=	( (53.619	+	48.091)	/	2 )	/	570.149	*	365
=	50.855					/	570.149	*	365
=	32.56

Workman 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
=	( (50.911	+	34.199)	/	2 )	/	177.197	*	365 / 4
=	42.555					/	177.197	*	365 / 4
=	21.91

Workman Co Days Payable Related Terms

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Workman Co (Workman Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Workman Co Ltd (OTCPK:WKISF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7564:Japan

Address

4-8-1 Higashi Ueno, Tixtower UENO, Taito-ku, Tokyo, JPN, 110 0015

Website

http://www.workman.co.jp

Workman Co Ltd is a Japan based company engaged in operating franchise stores and directly-operated stores providing working wear, casual wear, family clothing, footwear and working-related items. The company provides family clothing, including inner wears, socks, soldier socks, hats, towels and aprons; casual wear, including polo shirts, T-shirts, high neck shirts and blouses; working wear, including working jumpers, working pants, boiler suits and tobifuku; footwear, including safety shoes, safety sneakers, rubber-soled socks, boots and cloth shoes.

Workman Co (Workman Co) Headlines

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