Yoshiharu Global Co (Yoshiharu Global Co) Days Payable : 26.29 (As of Dec. 2023)

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What is Yoshiharu Global Co Days Payable?

Yoshiharu Global Co's average Accounts Payable for the three months ended in Dec. 2023 was $0.66 Mil. Yoshiharu Global Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.28 Mil. Hence, Yoshiharu Global Co's Days Payable for the three months ended in Dec. 2023 was 26.29.

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

YOSH' s Days Payable Range Over the Past 10 Years
Min: 21.48 Med: 28.7 Max: 52.66
Current: 27.9

During the past 5 years, Yoshiharu Global Co's highest Days Payable was 52.66. The lowest was 21.48. And the median was 28.70.

YOSH's Days Payable is ranked worse than
70.88% of 340 companies
in the Restaurants industry
Industry Median: 38.035 vs YOSH: 27.90

Yoshiharu Global Co's Days Payable declined from Dec. 2022 (27.55) to Dec. 2023 (26.29). It may suggest that Yoshiharu Global Co accelerated paying its suppliers.

Yoshiharu Global Co Days Payable Historical Data

The historical data trend for Yoshiharu Global 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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Yoshiharu Global Co Days Payable Chart

Yoshiharu Global Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

21.48

21.80

51.04

52.66

28.70

Yoshiharu Global Co Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										27.55	28.63	30.80	25.43	26.29

Competitive Comparison of Yoshiharu Global Co's Days Payable

For the Restaurants subindustry, Yoshiharu Global 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.

Yoshiharu Global Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yoshiharu Global Co's Days Payable distribution charts can be found below:

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

Yoshiharu Global 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.

Yoshiharu Global Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.744	+	0.648)	/	2 )	/	8.851	*	365
=	0.696					/	8.851	*	365
=	28.70

Yoshiharu Global 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
=	( (0.667	+	0.648)	/	2 )	/	2.282	*	365 / 4
=	0.6575					/	2.282	*	365 / 4
=	26.29

Yoshiharu Global Co Days Payable Related Terms

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Yoshiharu Global Co (Yoshiharu Global Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Yoshiharu Global Co (NAS:YOSH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6940 Beach Boulevard, Suite D-705, Buena Park, CA, USA, 90621

Website

https://www.yoshiharuramen.com

Yoshiharu Global Co is a Japanese restaurant operator. The company has one reportable segment, consisting of operating its stores. Yoshiharu serves the perfect, ideal ramen, as well as offers customers a wide variety of sushi, bento menu, and other favorite Japanese cuisines. It is owning and operating 8 restaurant stores with an additional 5 in development and 6 expected to open.

Executives

James Chae	director, 10 percent owner, officer: President, CEO & Chairman	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Jay Kim	director	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Yusil Yeo	director	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Helen Lee	director	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Soojae Cho	officer: Chief Financial Officer	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621