CVS Bay Area (TSE:2687) Days Payable : 16.93 (As of Nov. 2023)

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What is CVS Bay Area Days Payable?

CVS Bay Area's average Accounts Payable for the three months ended in Nov. 2023 was 円193 Mil. CVS Bay Area's Cost of Goods Sold for the three months ended in Nov. 2023 was 円1,039 Mil. Hence, CVS Bay Area's Days Payable for the three months ended in Nov. 2023 was 16.93.

The historical rank and industry rank for CVS Bay Area's Days Payable or its related term are showing as below:

TSE:2687' s Days Payable Range Over the Past 10 Years
Min: 4.3 Med: 12.09 Max: 17.24
Current: 17.24

During the past 13 years, CVS Bay Area's highest Days Payable was 17.24. The lowest was 4.30. And the median was 12.09.

TSE:2687's Days Payable is ranked worse than
91.26% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs TSE:2687: 17.24

CVS Bay Area's Days Payable increased from Nov. 2022 (15.83) to Nov. 2023 (16.93). It may suggest that CVS Bay Area delayed paying its suppliers.

CVS Bay Area Days Payable Historical Data

The historical data trend for CVS Bay Area'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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CVS Bay Area Days Payable Chart

CVS Bay Area Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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11.99

12.18

11.92

10.05

12.50

CVS Bay Area 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															15.83	15.24	17.47	19.55	16.93

Competitive Comparison of CVS Bay Area's Days Payable

For the Grocery Stores subindustry, CVS Bay Area'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.

CVS Bay Area's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, CVS Bay Area's Days Payable distribution charts can be found below:

* The bar in red indicates where CVS Bay Area's Days Payable falls into.

CVS Bay Area 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.

CVS Bay Area'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
=	( (139.881	+	147.597)	/	2 )	/	4197.039	*	365
=	143.739					/	4197.039	*	365
=	12.50

CVS Bay Area'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
=	( (191.873	+	193.677)	/	2 )	/	1039.295	*	365 / 4
=	192.775					/	1039.295	*	365 / 4
=	16.93

CVS Bay Area Days Payable Related Terms

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CVS Bay Area (TSE:2687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » CVS Bay Area Inc (TSE:2687) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-1 Nakase Mihama Ward, 26th floor, CVS Bay Area Building, Chiba, JPN, 261-0023

Website

http://www.cvs-bayarea.co.jp

CVS Bay Area Inc engaged in operating convenience store named Lawson and business hotel named Bay Hotel. The company is also engaged in mansion front business at condominiums and reception and office butler service for enterprise, and cleaning business.

CVS Bay Area (TSE:2687) Headlines

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