Takihyo Co (TSE:9982) Days Payable : 32.07 (As of Nov. 2023)

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What is Takihyo Co Days Payable?

Takihyo Co's average Accounts Payable for the three months ended in Nov. 2023 was 円4,792 Mil. Takihyo Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円13,634 Mil. Hence, Takihyo Co's Days Payable for the three months ended in Nov. 2023 was 32.07.

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

TSE:9982' s Days Payable Range Over the Past 10 Years
Min: 15.66 Med: 43.7 Max: 68.13
Current: 36.76

During the past 13 years, Takihyo Co's highest Days Payable was 68.13. The lowest was 15.66. And the median was 43.70.

TSE:9982's Days Payable is ranked worse than
68.3% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.335 vs TSE:9982: 36.76

Takihyo Co's Days Payable declined from Nov. 2022 (32.88) to Nov. 2023 (32.07). It may suggest that Takihyo Co accelerated paying its suppliers.

Takihyo Co Days Payable Historical Data

The historical data trend for Takihyo 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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Takihyo Co Days Payable Chart

Takihyo Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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49.16

42.92

44.48

33.21

32.30

Takihyo 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															32.88	41.62	35.54	38.54	32.07

Competitive Comparison of Takihyo Co's Days Payable

For the Apparel Manufacturing subindustry, Takihyo 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.

Takihyo Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Takihyo Co's Days Payable distribution charts can be found below:

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

Takihyo 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.

Takihyo 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
=	( (3222	+	5632)	/	2 )	/	50025	*	365
=	4427					/	50025	*	365
=	32.30

Takihyo 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
=	( (4819	+	4764)	/	2 )	/	13634	*	365 / 4
=	4791.5					/	13634	*	365 / 4
=	32.07

Takihyo Co Days Payable Related Terms

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Takihyo Co (TSE:9982) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Takihyo Co Ltd (TSE:9982) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-1 Ushijima-cho, 22, 23, 24 Floor Nagoya Lucent Tower, Nishi-ku, Aichi, Nagoya, JPN, 451-8688

Website

http://www.takihyo.co.jp

Takihyo Co Ltd is engaged in apparel, textile, retail, lifestyle-related and real estate businesses. It has three reportable segments namely Apparel and Textiles, Rental Business, and Others. The company generates maximum revenue from the Apparel and Textiles segment. Its Apparel and Textiles segment is engaged in planning, manufacturing and selling of ladies apparel, baby and kids apparel, homewear, and textiles. The Rental Business segment is engaged in leasing and management of the real estate, and leasing of office automation equipment and others.

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