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Mac House Co (TSE:7603) Days Payable : 45.60 (As of Nov. 2023)


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What is Mac House Co Days Payable?

Mac House Co's average Accounts Payable for the three months ended in Nov. 2023 was 円864 Mil. Mac House Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円1,729 Mil. Hence, Mac House Co's Days Payable for the three months ended in Nov. 2023 was 45.60.

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

TSE:7603' s Days Payable Range Over the Past 10 Years
Min: 40.37   Med: 76.87   Max: 103.83
Current: 50.39

During the past 13 years, Mac House Co's highest Days Payable was 103.83. The lowest was 40.37. And the median was 76.87.

TSE:7603's Days Payable is ranked worse than
55% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs TSE:7603: 50.39

Mac House Co's Days Payable declined from Nov. 2022 (57.57) to Nov. 2023 (45.60). It may suggest that Mac House Co accelerated paying its suppliers.


Mac House Co Days Payable Historical Data

The historical data trend for Mac House 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.

* Premium members only.

Mac House Co Days Payable Chart

Mac House Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.46 73.24 66.41 42.05 40.37

Mac House Co 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 57.57 48.63 50.47 43.59 45.60

Competitive Comparison of Mac House Co's Days Payable

For the Apparel Retail subindustry, Mac House 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.


Mac House Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mac House Co's Days Payable distribution charts can be found below:

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



Mac House 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.

Mac House Co'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
=( (1061 + 1061) / 2 ) / 9594*365
=1061 / 9594*365
=40.37

Mac House 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
=( (599 + 1129) / 2 ) / 1729*365 / 4
=864 / 1729*365 / 4
=45.60

* 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.


Mac House Co Days Payable Related Terms

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Mac House Co (TSE:7603) Business Description

Traded in Other Exchanges
N/A
Address
Shin-KoenjiTwinBuilding, 1-7-7 Umesato, Suginami-ku, Tokyo, JPN, 166-0011
Mac House Co., Ltd. is a retailer. The company focuses on casual clothing and operates a chain of stores worldwide. Some of its products include Jeans, Hat cap, Muffler, Belt, Sneakers, Socks, Sweater, Jackets, Inner shirts, Tops, Bottoms, Coats, Knit cardigan, and others.

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