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Kosaido Holdings Co (TSE:7868) Days Payable : 31.80 (As of Dec. 2023)


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What is Kosaido Holdings Co Days Payable?

Kosaido Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円1,993 Mil. Kosaido Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,717 Mil. Hence, Kosaido Holdings Co's Days Payable for the three months ended in Dec. 2023 was 31.80.

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

TSE:7868' s Days Payable Range Over the Past 10 Years
Min: 31.82   Med: 34.73   Max: 38.64
Current: 31.82

During the past 13 years, Kosaido Holdings Co's highest Days Payable was 38.64. The lowest was 31.82. And the median was 34.73.

TSE:7868's Days Payable is ranked worse than
65.8% of 924 companies
in the Business Services industry
Industry Median: 47.92 vs TSE:7868: 31.82

Kosaido Holdings Co's Days Payable increased from Dec. 2022 (30.40) to Dec. 2023 (31.80). It may suggest that Kosaido Holdings Co delayed paying its suppliers.


Kosaido Holdings Co Days Payable Historical Data

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

Kosaido Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.47 36.06 35.32 33.12 33.77

Kosaido Holdings 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 27.45 31.94 29.81 31.80 31.71

Competitive Comparison of Kosaido Holdings Co's Days Payable

For the Specialty Business Services subindustry, Kosaido 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.


Kosaido Holdings Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kosaido Holdings Co's Days Payable distribution charts can be found below:

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



Kosaido 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.

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

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1978 + 2090) / 2 ) / 21986*365
=2034 / 21986*365
=33.77

Kosaido Holdings Co'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
=( (1870 + 2115) / 2 ) / 5717*365 / 4
=1992.5 / 5717*365 / 4
=31.80

* 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.


Kosaido Holdings Co Days Payable Related Terms

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Kosaido Holdings Co (TSE:7868) Business Description

Traded in Other Exchanges
N/A
Address
1-2-3 Shibaura, Minato-ku, Seavans S Building, 13th Floor, Tokyo, JPN, 105-8318
Kosaido Holdings Co Ltd operates in three business areas. The Information solution business includes Offset printing, Newspaper printing, Digital printing, Package printing, Digital solution, Campaign solution, Eco business, Exhibition business, and BPO service. The Human resources service business includes Recruiting media, Recruiting media agency, Free paper rack agency, Published an environmental information magazine, Temporary staffing, Recruitment, Overseas human resources service, Human resource development/education/training, RPO / recruitment outsourcing, HR Tech Service. The Ending related business includes Crematorium management and ceremonial hall provision, Funeral DX Crematorium management contract business, and Senior-related business.

Kosaido Holdings Co (TSE:7868) Headlines

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