Takara Holdings (TSE:2531) Days Payable : 34.70 (As of Dec. 2023)

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What is Takara Holdings Days Payable?

Takara Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円23,392 Mil. Takara Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円61,511 Mil. Hence, Takara Holdings's Days Payable for the three months ended in Dec. 2023 was 34.70.

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

TSE:2531' s Days Payable Range Over the Past 10 Years
Min: 33.81 Med: 37.06 Max: 41.67
Current: 35.71

During the past 13 years, Takara Holdings's highest Days Payable was 41.67. The lowest was 33.81. And the median was 37.06.

TSE:2531's Days Payable is ranked worse than
83.66% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 81.54 vs TSE:2531: 35.71

Takara Holdings's Days Payable increased from Dec. 2022 (29.79) to Dec. 2023 (34.70). It may suggest that Takara Holdings delayed paying its suppliers.

Takara Holdings Days Payable Historical Data

The historical data trend for Takara Holdings'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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Takara Holdings Days Payable Chart

Takara Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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35.61

34.70

36.89

36.48

33.81

Takara Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															29.79	33.83	36.67	36.45	34.70

Competitive Comparison of Takara Holdings's Days Payable

For the Beverages - Brewers subindustry, Takara Holdings'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.

Takara Holdings's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Takara Holdings's Days Payable distribution charts can be found below:

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

Takara Holdings 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.

Takara Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (20973	+	21775)	/	2 )	/	230724	*	365
=	21374					/	230724	*	365
=	33.81

Takara Holdings'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
=	( (22126	+	24657)	/	2 )	/	61511	*	365 / 4
=	23391.5					/	61511	*	365 / 4
=	34.70

Takara Holdings Days Payable Related Terms

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Takara Holdings (TSE:2531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Takara Holdings Inc (TSE:2531) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TAX:Germany

Address

20 Naginataboko-cho, Shijo-dori Karasuma Higashi-iru, Shimogyo-ku, Kyoto, JPN, 600-8688

Website

http://www.takara.co.jp

Takara Holdings Inc operates three businesses: Alcoholic Beverages and Seasonings, Biomedical, and Health Foods. Roughly 80% of the company's sales come from Japan. The Alcoholic Beverages and Seasonings business, which manufactures shochu, sake, light-alcohol refreshers, seasonings, and raw alcohol, generates the vast majority of the company's revenue. Most remaining revenue comes from the biomedical business, which primarily manufactures and sells reagents and other instruments for biomedical researchers but also provides contract research services and develops health food ingredients. Takara's foods business develops and sells health food products that are largely based on seaweed, algae, and herbs.

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