Olympic Group (TSE:8289) Days Payable : 57.68 (As of Nov. 2023)

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What is Olympic Group Days Payable?

Olympic Group's average Accounts Payable for the three months ended in Nov. 2023 was 円8,478 Mil. Olympic Group's Cost of Goods Sold for the three months ended in Nov. 2023 was 円13,413 Mil. Hence, Olympic Group's Days Payable for the three months ended in Nov. 2023 was 57.68.

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

TSE:8289' s Days Payable Range Over the Past 10 Years
Min: 44.05 Med: 47.72 Max: 54.18
Current: 54.18

During the past 13 years, Olympic Group's highest Days Payable was 54.18. The lowest was 44.05. And the median was 47.72.

TSE:8289's Days Payable is ranked worse than
52.31% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs TSE:8289: 54.18

Olympic Group's Days Payable increased from Nov. 2022 (57.07) to Nov. 2023 (57.68). It may suggest that Olympic Group delayed paying its suppliers.

Olympic Group Days Payable Historical Data

The historical data trend for Olympic Group'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.

* Premium members only.

Olympic Group Days Payable Chart

Olympic Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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47.62

48.35

46.91

51.84

50.57

Olympic Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															57.07	51.41	51.88	54.57	57.68

Competitive Comparison of Olympic Group's Days Payable

For the Specialty Retail subindustry, Olympic Group'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.

Olympic Group's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Olympic Group's Days Payable falls into.

Olympic Group 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.

Olympic Group's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (8249	+	7393)	/	2 )	/	56446	*	365
=	7821					/	56446	*	365
=	50.57

Olympic Group's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (8507	+	8449)	/	2 )	/	13413	*	365 / 4
=	8478					/	13413	*	365 / 4
=	57.68

Olympic Group Days Payable Related Terms

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Olympic Group (TSE:8289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Olympic Group Corp (TSE:8289) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Honmachi 4-12-1, Kokubunji, JPN, 185-0012

Website

http://www.olympic-corp.co.jp

Olympic Group Corp is a Japan-based company, engages in the retail business. The company offers food, daily necessities, sports and leisure goods, pet supplies, shoes, clothing, DIY and gardening supplies; pet trimming and related products; footwear and related products; golf equipment; and car supplies. It also develops retail businesses such as specialty stores, discount stores, supermarkets, store development, and facility management businesses, as well as the production and wholesale of prepared foods.

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