Chori Co (TSE:8014) Days Payable : 68.01 (As of Dec. 2023)

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What is Chori Co Days Payable?

Chori Co's average Accounts Payable for the three months ended in Dec. 2023 was 円52,259 Mil. Chori Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円70,115 Mil. Hence, Chori Co's Days Payable for the three months ended in Dec. 2023 was 68.01.

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

TSE:8014' s Days Payable Range Over the Past 10 Years
Min: 51.4 Med: 59.48 Max: 81.56
Current: 71.86

During the past 13 years, Chori Co's highest Days Payable was 81.56. The lowest was 51.40. And the median was 59.48.

TSE:8014's Days Payable is ranked better than
60.26% of 468 companies
in the Conglomerates industry
Industry Median: 58.265 vs TSE:8014: 71.86

Chori Co's Days Payable increased from Dec. 2022 (67.63) to Dec. 2023 (68.01). It may suggest that Chori Co delayed paying its suppliers.

Chori Co Days Payable Historical Data

The historical data trend for Chori 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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Chori Co Days Payable Chart

Chori Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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59.33

81.56

66.13

65.63

66.81

Chori 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															75.72	72.24	70.54	68.01	68.21

Competitive Comparison of Chori Co's Days Payable

For the Conglomerates subindustry, Chori 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.

Chori Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Chori Co's Days Payable distribution charts can be found below:

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

Chori 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.

Chori 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
=	( (52919	+	45538)	/	2 )	/	268967	*	365
=	49228.5					/	268967	*	365
=	66.81

Chori 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
=	( (52523	+	51995)	/	2 )	/	70115	*	365 / 4
=	52259					/	70115	*	365 / 4
=	68.01

Chori Co Days Payable Related Terms

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Chori Co (TSE:8014) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Chori Co Ltd (TSE:8014) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-3 , Awajimachi, Chuo-ku, Osaka, JPN, 540-8603

Website

http://www.chori.co.jp

Chori Co Ltd engages in textiles, chemicals, and machinery businesses. The textile business is engaged in weaving, knitting, dyeing and sewing. It sells polyester threads mainly for materials such as car seats, and handling fabrics centering on car seats and for apparels. Chemical business develops inorganic chemicals and mineral products for cosmetics, personal care and food additive applications. Machinery businesses export agricultural machinery, construction machinery, industrial equipment, and marine equipment. Chori has geographic operations in China, Japan, Europe, the United States, Hong Kong, and the Middle East.

Chori Co (TSE:8014) Headlines

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