Tokyo Century (TSE:8439) Days Payable

: 62.15 (As of Dec. 2023)

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Tokyo Century's average Accounts Payable for the three months ended in Dec. 2023 was 円172,212 Mil. Tokyo Century's Cost of Goods Sold for the three months ended in Dec. 2023 was 円252,828 Mil. Hence, Tokyo Century's Days Payable for the three months ended in Dec. 2023 was 62.15.

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

TSE:8439' s Days Payable Range Over the Past 10 Years
Min: 56.14 Med: 93.46 Max: 102.24
Current: 56.14

During the past 13 years, Tokyo Century's highest Days Payable was 102.24. The lowest was 56.14. And the median was 93.46.

TSE:8439's Days Payable is ranked better than
57% of 928 companies
in the Business Services industry
Industry Median: 47.72 vs TSE:8439: 56.14

Tokyo Century's Days Payable increased from Dec. 2022 (53.26) to Dec. 2023 (62.15). It may suggest that Tokyo Century delayed paying its suppliers.

Tokyo Century Days Payable Historical Data

The historical data trend for Tokyo Century'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.

Tokyo Century Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

102.06

95.41

89.62

75.64

67.85

Tokyo Century Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																53.26	54.07	61.13	49.73	62.15

Competitive Comparison

For the Rental & Leasing Services subindustry, Tokyo Century'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.

Tokyo Century Days Payable Distribution

For the Business Services industry and Industrials sector, Tokyo Century's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokyo Century's Days Payable falls into.

Tokyo Century 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.

Tokyo Century'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
=	( (206112	+	202665)	/	2 )	/	1099459	*	365
=	204388.5					/	1099459	*	365
=	67.85

Tokyo Century'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
=	( (169727	+	174697)	/	2 )	/	252828	*	365 / 4
=	172212					/	252828	*	365 / 4
=	62.15

Tokyo Century Days Payable Related Terms

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Tokyo Century (TSE:8439) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tokyo Century Corp (TSE:8439) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

59O:Germany

Address

World Trade Center Building, 4-1 Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 1056110

Website

https://www.tokyocentury.co.jp

Century Tokyo Leasing Corp is a provider of various leasing and financing solutions. The company offers finance leases and operating leases, automobile leasing, instalment sales, real estate financing, ship financing, aviation financing, and account receivable financing and securitization. Century Tokyo Leasing specialises in information technology related equipment leasing as well as industrial equipment and machinery. The largest end markets for Century Tokyo Leasing are Japan and Ireland.

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