Mitsui Fudosan Co (TSE:8801) Days Payable : 21.65 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Mitsui Fudosan Co Days Payable?

Mitsui Fudosan Co's average Accounts Payable for the three months ended in Dec. 2023 was 円96,036 Mil. Mitsui Fudosan Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円404,752 Mil. Hence, Mitsui Fudosan Co's Days Payable for the three months ended in Dec. 2023 was 21.65.

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

TSE:8801' s Days Payable Range Over the Past 10 Years
Min: 22.81 Med: 30.91 Max: 35.5
Current: 22.81

During the past 13 years, Mitsui Fudosan Co's highest Days Payable was 35.50. The lowest was 22.81. And the median was 30.91.

TSE:8801's Days Payable is ranked worse than
85.37% of 1572 companies
in the Real Estate industry
Industry Median: 96.765 vs TSE:8801: 22.81

Mitsui Fudosan Co's Days Payable increased from Dec. 2022 (20.79) to Dec. 2023 (21.65). It may suggest that Mitsui Fudosan Co delayed paying its suppliers.

Mitsui Fudosan Co Days Payable Historical Data

The historical data trend for Mitsui Fudosan 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.

* Premium members only.

Mitsui Fudosan Co Days Payable Chart

Mitsui Fudosan Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

32.16

34.82

27.78

25.77

29.65

Mitsui Fudosan 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															20.79	23.01	28.08	20.57	21.65

Competitive Comparison of Mitsui Fudosan Co's Days Payable

For the Real Estate - Diversified subindustry, Mitsui Fudosan 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.

Mitsui Fudosan Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsui Fudosan Co's Days Payable distribution charts can be found below:

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

Mitsui Fudosan 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.

Mitsui Fudosan Co'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
=	( (135097	+	147985)	/	2 )	/	1742425	*	365
=	141541					/	1742425	*	365
=	29.65

Mitsui Fudosan 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
=	( (89818	+	102253)	/	2 )	/	404752	*	365 / 4
=	96035.5					/	404752	*	365 / 4
=	21.65

Mitsui Fudosan Co Days Payable Related Terms

Thank you for viewing the detailed overview of Mitsui Fudosan Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mitsui Fudosan Co (TSE:8801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsui Fudosan Co Ltd (TSE:8801) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MTSFY:USA MTSFF:USA MFU:Germany

Address

1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022

Website

http://www.mitsuifudosan.co.jp

Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

Mitsui Fudosan Co (TSE:8801) Headlines

No Headlines