Kanseki Co (TSE:9903) Days Payable : 39.43 (As of Nov. 2023)

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What is Kanseki Co Days Payable?

Kanseki Co's average Accounts Payable for the three months ended in Nov. 2023 was 円2,986 Mil. Kanseki Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円6,909 Mil. Hence, Kanseki Co's Days Payable for the three months ended in Nov. 2023 was 39.43.

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

TSE:9903' s Days Payable Range Over the Past 10 Years
Min: 36.81 Med: 39.12 Max: 46.74
Current: 42.04

During the past 13 years, Kanseki Co's highest Days Payable was 46.74. The lowest was 36.81. And the median was 39.12.

TSE:9903's Days Payable is ranked worse than
62.22% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs TSE:9903: 42.04

Kanseki Co's Days Payable declined from Nov. 2022 (42.81) to Nov. 2023 (39.43). It may suggest that Kanseki Co accelerated paying its suppliers.

Kanseki Co Days Payable Historical Data

The historical data trend for Kanseki 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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Kanseki Co Days Payable Chart

Kanseki Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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39.32

38.67

37.03

37.49

36.81

Kanseki Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															42.81	40.45	41.21	42.51	39.43

Competitive Comparison of Kanseki Co's Days Payable

For the Home Improvement Retail subindustry, Kanseki 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.

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

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

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

Kanseki 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.

Kanseki Co's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (2875.472	+	2604.669)	/	2 )	/	27171.557	*	365
=	2740.0705					/	27171.557	*	365
=	36.81

Kanseki Co's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (2656.469	+	3314.76)	/	2 )	/	6908.874	*	365 / 4
=	2985.6145					/	6908.874	*	365 / 4
=	39.43

Kanseki Co Days Payable Related Terms

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Kanseki Co (TSE:9903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kanseki Co Ltd (TSE:9903) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Chome-cho, Utsunomiya, Tochigi, JPN

Website

http://www.kanseki.co.jp

Kanseki Co., Ltd is engaged in managing home centers, specialty stores in Japan.

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