East Japan Railway Co (TSE:9020) Days Payable : 8.81 (As of Dec. 2023)

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What is East Japan Railway Co Days Payable?

East Japan Railway Co's average Accounts Payable for the three months ended in Dec. 2023 was 円42,322 Mil. East Japan Railway Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円438,366 Mil. Hence, East Japan Railway Co's Days Payable for the three months ended in Dec. 2023 was 8.81.

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

TSE:9020' s Days Payable Range Over the Past 10 Years
Min: 9.45 Med: 12.52 Max: 36.27
Current: 9.45

During the past 13 years, East Japan Railway Co's highest Days Payable was 36.27. The lowest was 9.45. And the median was 12.52.

TSE:9020's Days Payable is ranked worse than
93.45% of 931 companies
in the Transportation industry
Industry Median: 39.47 vs TSE:9020: 9.45

East Japan Railway Co's Days Payable declined from Dec. 2022 (10.03) to Dec. 2023 (8.81). It may suggest that East Japan Railway Co accelerated paying its suppliers.

East Japan Railway Co Days Payable Historical Data

The historical data trend for East Japan Railway 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.

East Japan Railway Co Days Payable Chart

East Japan Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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12.59

11.43

11.58

12.44

10.81

East Japan Railway 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															10.03	9.75	9.66	8.44	8.81

Competitive Comparison of East Japan Railway Co's Days Payable

For the Railroads subindustry, East Japan Railway 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.

East Japan Railway Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, East Japan Railway Co's Days Payable distribution charts can be found below:

* The bar in red indicates where East Japan Railway Co's Days Payable falls into.

East Japan Railway 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.

East Japan Railway 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
=	( (51682	+	48315)	/	2 )	/	1687833	*	365
=	49998.5					/	1687833	*	365
=	10.81

East Japan Railway 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
=	( (40379	+	44264)	/	2 )	/	438366	*	365 / 4
=	42321.5					/	438366	*	365 / 4
=	8.81

East Japan Railway Co Days Payable Related Terms

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East Japan Railway Co (TSE:9020) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

EJPRY:USA EJR0:Germany EJR:Germany EJR:Germany

Address

2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578

Website

http://www.jreast.co.jp

East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.

East Japan Railway Co (TSE:9020) Headlines

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