Kappa Create Co (TSE:7421) Days Payable : 35.71 (As of Dec. 2023)

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What is Kappa Create Co Days Payable?

Kappa Create Co's average Accounts Payable for the three months ended in Dec. 2023 was 円3,437 Mil. Kappa Create Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,782 Mil. Hence, Kappa Create Co's Days Payable for the three months ended in Dec. 2023 was 35.71.

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

TSE:7421' s Days Payable Range Over the Past 10 Years
Min: 27.2 Med: 33.25 Max: 36.43
Current: 34.54

During the past 13 years, Kappa Create Co's highest Days Payable was 36.43. The lowest was 27.20. And the median was 33.25.

TSE:7421's Days Payable is ranked worse than
55.59% of 340 companies
in the Restaurants industry
Industry Median: 38.115 vs TSE:7421: 34.54

Kappa Create Co's Days Payable declined from Dec. 2022 (35.96) to Dec. 2023 (35.71). It may suggest that Kappa Create Co accelerated paying its suppliers.

Kappa Create Co Days Payable Historical Data

The historical data trend for Kappa Create 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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Kappa Create Co Days Payable Chart

Kappa Create Co Annual Data

Trend

Feb14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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32.11

35.58

33.53

32.96

35.25

Kappa Create 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															38.39	33.82	30.06	35.71	38.02

Competitive Comparison of Kappa Create Co's Days Payable

For the Restaurants subindustry, Kappa Create 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.

Kappa Create Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kappa Create Co's Days Payable distribution charts can be found below:

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

Kappa Create 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.

Kappa Create 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
=	( (3418	+	3278)	/	2 )	/	34665	*	365
=	3348					/	34665	*	365
=	35.25

Kappa Create 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
=	( (3042	+	3831)	/	2 )	/	8782	*	365 / 4
=	3436.5					/	8782	*	365 / 4
=	35.71

Kappa Create Co Days Payable Related Terms

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Kappa Create Co (TSE:7421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kappa Create Co Ltd (TSE:7421) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12th Floor, Landmark Tower, 2-2-1, Minato-Mirai, Nishi-ku, Kanagawaa Prefecture, Yokohama, JPN, 220-8112

Website

http://www.kappa-create.co.jp

Kappa Create Co Ltd operates Kappa-Sushi conveyer-belt-style sushi restaurants. Kappa-Sushi has several hundred locations throughout most regions of Japan, with its biggest regions being Chubu where it has almost a third of all Kappa restaurants and Kanto where roughly a quarter of all Kappa restaurants are located. Tohoku and Kinki collectively house roughly one third of the company's restaurants, and the remaining locations are in Chugoku and Kyushu. Besides Restaurant Management, other business lines for Kappa Create include Processing and Sale of Foodstuffs, Non-life Insurance, and Real Estate.

Kappa Create Co (TSE:7421) Headlines

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