Hokkan Holdings (TSE:5902) Days Payable : 84.20 (As of Dec. 2023)

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What is Hokkan Holdings Days Payable?

Hokkan Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円16,919 Mil. Hokkan Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円18,336 Mil. Hence, Hokkan Holdings's Days Payable for the three months ended in Dec. 2023 was 84.20.

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

TSE:5902' s Days Payable Range Over the Past 10 Years
Min: 61.43 Med: 67.14 Max: 85.46
Current: 85.46

During the past 13 years, Hokkan Holdings's highest Days Payable was 85.46. The lowest was 61.43. And the median was 67.14.

TSE:5902's Days Payable is ranked better than
69.73% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs TSE:5902: 85.46

Hokkan Holdings's Days Payable increased from Dec. 2022 (81.75) to Dec. 2023 (84.20). It may suggest that Hokkan Holdings delayed paying its suppliers.

Hokkan Holdings Days Payable Historical Data

The historical data trend for Hokkan 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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Hokkan Holdings Days Payable Chart

Hokkan Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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69.51

65.67

62.43

84.00

77.84

Hokkan Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															81.75	78.32	89.21	91.82	84.20

Competitive Comparison of Hokkan Holdings's Days Payable

For the Packaging & Containers subindustry, Hokkan 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.

Hokkan Holdings's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hokkan Holdings's Days Payable distribution charts can be found below:

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

Hokkan 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.

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

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (16767	+	16601)	/	2 )	/	78229	*	365
=	16684					/	78229	*	365
=	77.84

Hokkan Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (17889	+	15948)	/	2 )	/	18336	*	365 / 4
=	16918.5					/	18336	*	365 / 4
=	84.20

Hokkan Holdings Days Payable Related Terms

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Hokkan Holdings (TSE:5902) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Hokkan Holdings Ltd (TSE:5902) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-2 Marunouchi, Marunouchi Mitsui Building, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.hokkanholdings.co.jp

Hokkan Holdings Ltd is engaged in the packaging and container business. The company's division includes the Container business, Filling business, and Machinery production business, and Others. Container business includes containers for food and beverages. The filling business consists of containers for various drinks consignment filling, and the machinery production business involves the manufacturing of industrial equipment.

Hokkan Holdings (TSE:5902) Headlines

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