Medipal Holdings (TSE:7459) Days Payable : 103.94 (As of Dec. 2023)

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What is Medipal Holdings Days Payable?

Medipal Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円991,686 Mil. Medipal Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円870,631 Mil. Hence, Medipal Holdings's Days Payable for the three months ended in Dec. 2023 was 103.94.

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

TSE:7459' s Days Payable Range Over the Past 10 Years
Min: 104.7 Med: 108.34 Max: 118.32
Current: 107.31

During the past 13 years, Medipal Holdings's highest Days Payable was 118.32. The lowest was 104.70. And the median was 108.34.

TSE:7459's Days Payable is ranked better than
69.47% of 95 companies
in the Medical Distribution industry
Industry Median: 74.64 vs TSE:7459: 107.31

Medipal Holdings's Days Payable declined from Dec. 2022 (104.93) to Dec. 2023 (103.94). It may suggest that Medipal Holdings accelerated paying its suppliers.

Medipal Holdings Days Payable Historical Data

The historical data trend for Medipal 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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Medipal Holdings Days Payable Chart

Medipal Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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107.46

106.08

108.62

107.36

104.70

Medipal 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															104.93	115.95	101.04	104.02	103.94

Competitive Comparison of Medipal Holdings's Days Payable

For the Medical Distribution subindustry, Medipal 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.

Medipal Holdings's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Medipal Holdings's Days Payable distribution charts can be found below:

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

Medipal 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.

Medipal 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
=	( (907997	+	890966)	/	2 )	/	3135704	*	365
=	899481.5					/	3135704	*	365
=	104.70

Medipal 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
=	( (951513	+	1031859)	/	2 )	/	870631	*	365 / 4
=	991686					/	870631	*	365 / 4
=	103.94

Medipal Holdings Days Payable Related Terms

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Medipal Holdings (TSE:7459) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Medipal Holdings Corp (TSE:7459) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MEPDF:USA MAHLY:USA 59Z:Germany

Address

2-7-15, Yaesu, Chuo-ku, Tokyo, JPN, 104-8461

Website

http://www.medipal.co.jp

Medipal Holdings Corp distributes pharmaceuticals and health and beauty products to medical institutions and retailers. The firm operates in three segments: prescription pharmaceutical wholesale; cosmetics, daily necessities, and OTC pharmaceutical wholesale; and animal health products wholesale. The prescription pharmaceutical business generates the majority of revenue and distributes products to hospitals, clinics, and pharmacies. The cosmetics, daily necessities, and OTC pharmaceutical businesses distribute products to drugstores, convenience stores, and supermarkets. The animal health segment conducts wholesale business for animal hospitals, farms, and agricultural cooperatives. Medipal Holdings generates the vast majority of its revenue in Japan.

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