HEIWADO Co (TSE:8276) Days Payable : 44.43 (As of Nov. 2023)

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What is HEIWADO Co Days Payable?

HEIWADO Co's average Accounts Payable for the three months ended in Nov. 2023 was 円32,626 Mil. HEIWADO Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円67,000 Mil. Hence, HEIWADO Co's Days Payable for the three months ended in Nov. 2023 was 44.43.

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

TSE:8276' s Days Payable Range Over the Past 10 Years
Min: 38.24 Med: 39.51 Max: 41.66
Current: 41.66

During the past 13 years, HEIWADO Co's highest Days Payable was 41.66. The lowest was 38.24. And the median was 39.51.

TSE:8276's Days Payable is ranked worse than
62.78% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs TSE:8276: 41.66

HEIWADO Co's Days Payable increased from Nov. 2022 (43.94) to Nov. 2023 (44.43). It may suggest that HEIWADO Co delayed paying its suppliers.

HEIWADO Co Days Payable Historical Data

The historical data trend for HEIWADO 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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HEIWADO Co Days Payable Chart

HEIWADO Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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39.13

38.24

38.50

40.84

39.54

HEIWADO 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															39.98	42.02	41.85	44.43	40.55

Competitive Comparison of HEIWADO Co's Days Payable

For the Department Stores subindustry, HEIWADO 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.

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

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

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

HEIWADO 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.

HEIWADO Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (28811	+	29810)	/	2 )	/	270536	*	365
=	29310.5					/	270536	*	365
=	39.54

HEIWADO 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
=	( (31888	+	33363)	/	2 )	/	67000	*	365 / 4
=	32625.5					/	67000	*	365 / 4
=	44.43

HEIWADO Co Days Payable Related Terms

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HEIWADO Co (TSE:8276) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » HEIWADO Co Ltd (TSE:8276) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

31, Koizumi-cho, Hikone-shi, Shiga-ken, JPN, 522-8511

Website

http://www.heiwado.jp

HEIWADO Co Ltd is a Japan-based company that is mainly engaged in the retail business. The company's stores offer a broad range of merchandise, including foods, apparel, housing-related goods, etc. The company also operates restaurant businesses, sales of books, CDs and DVDs, rental shops of CDs and DVDs, and others. The majority of the company's stores are located in Japan, with around half of them being located in the Shiga Prefecture, and the rest in other areas of Japan. The company also operates several department stores in Hunan province, China.

HEIWADO Co (TSE:8276) Headlines

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