IKK Holdings (TSE:2198) Days Payable : 30.00 (As of Jan. 2024)

View and export this data going back to 2012. Start your Free Trial

What is IKK Holdings Days Payable?

IKK Holdings's average Accounts Payable for the three months ended in Jan. 2024 was 円695 Mil. IKK Holdings's Cost of Goods Sold for the three months ended in Jan. 2024 was 円2,115 Mil. Hence, IKK Holdings's Days Payable for the three months ended in Jan. 2024 was 30.00.

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

TSE:2198' s Days Payable Range Over the Past 10 Years
Min: 26.29 Med: 38.21 Max: 46.87
Current: 26.29

During the past 13 years, IKK Holdings's highest Days Payable was 46.87. The lowest was 26.29. And the median was 38.21.

TSE:2198's Days Payable is ranked worse than
58.16% of 98 companies
in the Personal Services industry
Industry Median: 31.455 vs TSE:2198: 26.29

IKK Holdings's Days Payable increased from Jan. 2023 (29.16) to Jan. 2024 (30.00). It may suggest that IKK Holdings delayed paying its suppliers.

IKK Holdings Days Payable Historical Data

The historical data trend for IKK 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.

* Premium members only.

IKK Holdings Days Payable Chart

IKK Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

Get a 7-Day Free Trial

37.56

46.87

29.27

33.70

35.47

IKK Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															29.16	26.41	27.40	28.76	30.00

Competitive Comparison of IKK Holdings's Days Payable

For the Personal Services subindustry, IKK 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.

IKK Holdings's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, IKK Holdings's Days Payable distribution charts can be found below:

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

IKK 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.

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

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (853.784	+	915.516)	/	2 )	/	9102.767	*	365
=	884.65					/	9102.767	*	365
=	35.47

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

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (915.516	+	475.297)	/	2 )	/	2114.937	*	365 / 4
=	695.4065					/	2114.937	*	365 / 4
=	30.00

IKK Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of IKK Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

IKK Holdings (TSE:2198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » IKK Holdings Inc (TSE:2198) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-6-5 Katamine Kasuyagun Shimemachi, Fukuoka, JPN, 811-2245

Website

http://www.ikk-grp.jp

IKK Holdings Inc is engaged wedding planning business. The company plans and manages wedding ceremonies and wedding receptions.

IKK Holdings (TSE:2198) Headlines

No Headlines