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Twinbird (TSE:6897) Days Payable : 11.49 (As of Nov. 2023)


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What is Twinbird Days Payable?

Twinbird's average Accounts Payable for the three months ended in Nov. 2023 was 円178 Mil. Twinbird's Cost of Goods Sold for the three months ended in Nov. 2023 was 円1,417 Mil. Hence, Twinbird's Days Payable for the three months ended in Nov. 2023 was 11.49.

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

TSE:6897' s Days Payable Range Over the Past 10 Years
Min: 8.55   Med: 12.9   Max: 15.34
Current: 12.39

During the past 13 years, Twinbird's highest Days Payable was 15.34. The lowest was 8.55. And the median was 12.90.

TSE:6897's Days Payable is ranked worse than
98.52% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.095 vs TSE:6897: 12.39

Twinbird's Days Payable declined from Nov. 2022 (12.49) to Nov. 2023 (11.49). It may suggest that Twinbird accelerated paying its suppliers.


Twinbird Days Payable Historical Data

The historical data trend for Twinbird'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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Twinbird Days Payable Chart

Twinbird Annual Data
Trend Mar13 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.56 8.55 14.43 12.95 10.11

Twinbird 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.49 12.40 13.62 9.69 11.49

Competitive Comparison of Twinbird's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Twinbird'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.


Twinbird's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Twinbird's Days Payable distribution charts can be found below:

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



Twinbird 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.

Twinbird'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
=( (139.979 + 273.897) / 2 ) / 7468.61*365
=206.938 / 7468.61*365
=10.11

Twinbird'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
=( (143.003 + 213.791) / 2 ) / 1417.349*365 / 4
=178.397 / 1417.349*365 / 4
=11.49

* 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.


Twinbird Days Payable Related Terms

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Twinbird (TSE:6897) Business Description

Traded in Other Exchanges
N/A
Address
Niigata Yoshida Nishiota 2084-2, Tsubame-shi, Nigata, JPN, 959-0292
Twinbird Corp is a Japan-based consumer electronics manufacturer. It is mainly engaged in the development and sale of household electrical equipment, household luminaires, beauty-health equipment, electro-acoustic equipment, free-piston sterling cooler, and its applied products. Its product offerings include toaster, microwave oven, electric pan, roaster, shaving ice tray, mixer, food processor, rice mill, handy cleaner, Fluorescent lamp, air cleaner, fan heater, washing machine, hairdryer, foot massager, home security, liquid crystal television, speaker, radio, among others.

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