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Saikaya Department Store Co (TSE:8254) Days Payable : 111.02 (As of Feb. 2024)


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What is Saikaya Department Store Co Days Payable?

Saikaya Department Store Co's average Accounts Payable for the three months ended in Feb. 2024 was 円808 Mil. Saikaya Department Store Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円664 Mil. Hence, Saikaya Department Store Co's Days Payable for the three months ended in Feb. 2024 was 111.02.

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

TSE:8254' s Days Payable Range Over the Past 10 Years
Min: 31.7   Med: 35.09   Max: 167.7
Current: 152.69

During the past 13 years, Saikaya Department Store Co's highest Days Payable was 167.70. The lowest was 31.70. And the median was 35.09.

TSE:8254's Days Payable is ranked better than
86.86% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs TSE:8254: 152.69

Saikaya Department Store Co's Days Payable declined from Feb. 2023 (155.85) to Feb. 2024 (111.02). It may suggest that Saikaya Department Store Co accelerated paying its suppliers.


Saikaya Department Store Co Days Payable Historical Data

The historical data trend for Saikaya Department Store 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.

Saikaya Department Store Co Days Payable Chart

Saikaya Department Store Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Aug23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.79 35.02 42.11 38.67 167.70

Saikaya Department Store Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 155.85 191.61 178.10 137.99 111.02

Competitive Comparison of Saikaya Department Store Co's Days Payable

For the Department Stores subindustry, Saikaya Department Store 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.


Saikaya Department Store Co's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Saikaya Department Store Co's Days Payable falls into.



Saikaya Department Store 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.

Saikaya Department Store Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (975.726 + 938.116) / 2 ) / 2082.74*365
=956.921 / 2082.74*365
=167.70

Saikaya Department Store Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (822.399 + 792.959) / 2 ) / 663.842*365 / 4
=807.679 / 663.842*365 / 4
=111.02

* 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.


Saikaya Department Store Co Days Payable Related Terms

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Saikaya Department Store Co (TSE:8254) Business Description

Traded in Other Exchanges
N/A
Address
1 Nisshin-cho, Kawasaki Ward, Kanagawa, JPN, 210-0023
Saikaya Department Store Co Ltd formerly, Saikaya Co Ltd operates in the department stores industry. The company is engaged in the operation of department store chains in Kanagawa prefecture. It also operates a supermarket chain and real estate business.

Saikaya Department Store Co (TSE:8254) Headlines

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