West Holdings (TSE:1407) Days Payable : 38.80 (As of Feb. 2024)

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What is West Holdings Days Payable?

West Holdings's average Accounts Payable for the three months ended in Feb. 2024 was 円3,191 Mil. West Holdings's Cost of Goods Sold for the three months ended in Feb. 2024 was 円7,504 Mil. Hence, West Holdings's Days Payable for the three months ended in Feb. 2024 was 38.80.

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

TSE:1407' s Days Payable Range Over the Past 10 Years
Min: 35.85 Med: 47.17 Max: 70.32
Current: 37.47

During the past 13 years, West Holdings's highest Days Payable was 70.32. The lowest was 35.85. And the median was 47.17.

TSE:1407's Days Payable is ranked worse than
74.55% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.06 vs TSE:1407: 37.47

West Holdings's Days Payable declined from Feb. 2023 (46.23) to Feb. 2024 (38.80). It may suggest that West Holdings accelerated paying its suppliers.

West Holdings Days Payable Historical Data

The historical data trend for West 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.

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West Holdings Days Payable Chart

West Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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44.25

44.62

47.76

44.88

54.61

West Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															46.23	40.03	26.88	55.30	38.80

Competitive Comparison of West Holdings's Days Payable

For the Utilities - Renewable subindustry, West 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.

West Holdings's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's Days Payable distribution charts can be found below:

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

West 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.

West Holdings's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (4809	+	3683)	/	2 )	/	28378	*	365
=	4246					/	28378	*	365
=	54.61

West Holdings's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (3312	+	3069)	/	2 )	/	7504	*	365 / 4
=	3190.5					/	7504	*	365 / 4
=	38.80

West Holdings Days Payable Related Terms

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West Holdings (TSE:1407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » West Holdings Corp (TSE:1407) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-20-2 Nishi-Shinjuku, Tokyo Opera City Building 32 Floor, Shinjuku-ku, Tokyo, JPN, 163-1432

Website

http://www.west-gr.co.jp

West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.

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