TSI Holdings Co (TSE:3608) Days Payable : 56.52 (As of Nov. 2023)

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What is TSI Holdings Co Days Payable?

TSI Holdings Co's average Accounts Payable for the three months ended in Nov. 2023 was 円11,286 Mil. TSI Holdings Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円18,219 Mil. Hence, TSI Holdings Co's Days Payable for the three months ended in Nov. 2023 was 56.52.

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

TSE:3608' s Days Payable Range Over the Past 10 Years
Min: 54.3 Med: 70.25 Max: 84.95
Current: 57.25

During the past 13 years, TSI Holdings Co's highest Days Payable was 84.95. The lowest was 54.30. And the median was 70.25.

TSE:3608's Days Payable is ranked better than
50.73% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs TSE:3608: 57.25

TSI Holdings Co's Days Payable declined from Nov. 2022 (64.43) to Nov. 2023 (56.52). It may suggest that TSI Holdings Co accelerated paying its suppliers.

TSI Holdings Co Days Payable Historical Data

The historical data trend for TSI Holdings 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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TSI Holdings Co Days Payable Chart

TSI Holdings Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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68.74

67.23

63.75

57.73

54.30

TSI Holdings Co 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															62.58	63.04	64.34	56.52	50.12

Competitive Comparison of TSI Holdings Co's Days Payable

For the Apparel Manufacturing subindustry, TSI Holdings 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.

TSI Holdings Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TSI Holdings Co's Days Payable distribution charts can be found below:

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

TSI Holdings 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.

TSI Holdings Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (11407	+	9615)	/	2 )	/	70654	*	365
=	10511					/	70654	*	365
=	54.30

TSI Holdings 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
=	( (10217	+	12354)	/	2 )	/	18219	*	365 / 4
=	11285.5					/	18219	*	365 / 4
=	56.52

TSI Holdings Co Days Payable Related Terms

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TSI Holdings Co (TSE:3608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » TSI Holdings Co Ltd (TSE:3608) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TSIHF:USA

Address

Number 7 1-chome, Chiyoda-ku, Tokyo, JPN

Website

http://www.tsi-holdings.com

TSI Holdings Co Ltd is an apparel manufacturer that owns and licenses dozens of brands that it sells through department stores, other retail stores and shopping centers, and e-commerce channels. More than 90% of the company's sales are in Japan, with the remainder coming from China and other parts of Asia. TSI's highest selling brands, which collectively account for more than half of the company's total revenue, include nano, Natural Beauty Basic, Margaret Howell, Pearly Gates, Rose Bud, Stussy, Proportion Body Dressing, Free's Mart, Human Woman, and Callaway Apparel.

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