HANDSMAN CO (TSE:7636) Days Payable : 34.09 (As of Dec. 2023)

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What is HANDSMAN CO Days Payable?

HANDSMAN CO's average Accounts Payable for the three months ended in Dec. 2023 was 円2,426 Mil. HANDSMAN CO's Cost of Goods Sold for the three months ended in Dec. 2023 was 円6,494 Mil. Hence, HANDSMAN CO's Days Payable for the three months ended in Dec. 2023 was 34.09.

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

TSE:7636' s Days Payable Range Over the Past 10 Years
Min: 29.67 Med: 32.9 Max: 40.07
Current: 40.07

During the past 13 years, HANDSMAN CO's highest Days Payable was 40.07. The lowest was 29.67. And the median was 32.90.

TSE:7636's Days Payable is ranked worse than
64.01% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs TSE:7636: 40.07

HANDSMAN CO's Days Payable declined from Dec. 2022 (36.75) to Dec. 2023 (34.09). It may suggest that HANDSMAN CO accelerated paying its suppliers.

HANDSMAN CO Days Payable Historical Data

The historical data trend for HANDSMAN 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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HANDSMAN CO Days Payable Chart

HANDSMAN CO Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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29.67

33.36

32.67

33.37

37.72

HANDSMAN CO 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															36.75	43.89	38.50	42.19	34.09

Competitive Comparison of HANDSMAN CO's Days Payable

For the Specialty Retail subindustry, HANDSMAN 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.

HANDSMAN CO's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where HANDSMAN CO's Days Payable falls into.

HANDSMAN 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.

HANDSMAN CO's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (1871	+	2440)	/	2 )	/	20858	*	365
=	2155.5					/	20858	*	365
=	37.72

HANDSMAN 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
=	( (2174	+	2678)	/	2 )	/	6494	*	365 / 4
=	2426					/	6494	*	365 / 4
=	34.09

HANDSMAN CO Days Payable Related Terms

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HANDSMAN CO (TSE:7636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » HANDSMAN CO LTD (TSE:7636) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Miyazaki Miyakonojo Yoshio-cho, 2080, Miyakonojo, JPN, 885-0006

Website

http://www.handsman.co.jp

HANDSMAN CO LTD offers home improvement products. The company's division is divided into do-it-yourself division, household product division and automobile and leisure product division.

HANDSMAN CO (TSE:7636) Headlines

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