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Peers Co (TSE:7066) Days Payable : 30.40 (As of Mar. 2024)


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What is Peers Co Days Payable?

Peers Co's average Accounts Payable for the three months ended in Mar. 2024 was 円338 Mil. Peers Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,013 Mil. Hence, Peers Co's Days Payable for the three months ended in Mar. 2024 was 30.40.

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

TSE:7066' s Days Payable Range Over the Past 10 Years
Min: 13.11   Med: 25.22   Max: 36.45
Current: 26.57

During the past 7 years, Peers Co's highest Days Payable was 36.45. The lowest was 13.11. And the median was 25.22.

TSE:7066's Days Payable is ranked worse than
84.78% of 473 companies
in the Conglomerates industry
Industry Median: 59.39 vs TSE:7066: 26.57

Peers Co's Days Payable increased from Mar. 2023 (29.26) to Mar. 2024 (30.40). It may suggest that Peers Co delayed paying its suppliers.


Peers Co Days Payable Historical Data

The historical data trend for Peers 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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Peers Co Days Payable Chart

Peers Co Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial 18.38 13.11 20.81 26.38 25.22

Peers Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.26 24.16 25.87 26.40 30.40

Competitive Comparison of Peers Co's Days Payable

For the Conglomerates subindustry, Peers 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.


Peers Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Peers Co's Days Payable distribution charts can be found below:

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



Peers 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.

Peers Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (241.84 + 322.28) / 2 ) / 4082.456*365
=282.06 / 4082.456*365
=25.22

Peers Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (345.829 + 329.256) / 2 ) / 1013.049*365 / 4
=337.5425 / 1013.049*365 / 4
=30.40

* 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.


Peers Co Days Payable Related Terms

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Peers Co (TSE:7066) Business Description

Traded in Other Exchanges
N/A
Address
2-9-1 Nishi-Shinbashi, PMO Nishi-Shinbashi, 5th Floor, Minato-ku, Tokyo, JPN, 105-0003
Peers Co Ltd is a Japanese based company primarily involved in the Store consulting, human resources solutions and IT solutions business.

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