Hankyu Hanshin Holdings (TSE:9042) Days Payable : 14.94 (As of Dec. 2023)

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

What is Hankyu Hanshin Holdings Days Payable?

Hankyu Hanshin Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円35,475 Mil. Hankyu Hanshin Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円216,643 Mil. Hence, Hankyu Hanshin Holdings's Days Payable for the three months ended in Dec. 2023 was 14.94.

The historical rank and industry rank for Hankyu Hanshin Holdings's Days Payable or its related term are showing as below:

TSE:9042' s Days Payable Range Over the Past 10 Years
Min: 16.43 Med: 23.78 Max: 28.56
Current: 16.43

During the past 13 years, Hankyu Hanshin Holdings's highest Days Payable was 28.56. The lowest was 16.43. And the median was 23.78.

TSE:9042's Days Payable is ranked worse than
94.24% of 469 companies
in the Conglomerates industry
Industry Median: 58.24 vs TSE:9042: 16.43

Hankyu Hanshin Holdings's Days Payable declined from Dec. 2022 (17.39) to Dec. 2023 (14.94). It may suggest that Hankyu Hanshin Holdings accelerated paying its suppliers.

Hankyu Hanshin Holdings Days Payable Historical Data

The historical data trend for Hankyu Hanshin Holdings'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.

Hankyu Hanshin Holdings Days Payable Chart

Hankyu Hanshin Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

26.65

22.10

19.74

18.75

17.78

Hankyu Hanshin Holdings 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															17.39	16.78	17.53	16.38	14.94

Competitive Comparison of Hankyu Hanshin Holdings's Days Payable

For the Conglomerates subindustry, Hankyu Hanshin Holdings'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.

Hankyu Hanshin Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hankyu Hanshin Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Hankyu Hanshin Holdings's Days Payable falls into.

Hankyu Hanshin Holdings 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.

Hankyu Hanshin Holdings'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
=	( (40699	+	42024)	/	2 )	/	849136	*	365
=	41361.5					/	849136	*	365
=	17.78

Hankyu Hanshin Holdings'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
=	( (35953	+	34996)	/	2 )	/	216643	*	365 / 4
=	35474.5					/	216643	*	365 / 4
=	14.94

Hankyu Hanshin Holdings Days Payable Related Terms

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

Hankyu Hanshin Holdings (TSE:9042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hankyu Hanshin Holdings Inc (TSE:9042) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-16-1, Shibata Kita-ku, Osaka, JPN, 530-0012

Website

http://holdings.hankyu-hanshin.co.jp

Hankyu Hanshin Holdings Inc conducts business in real estate, urban transportation, real estate, entertainment and communications, travel, international transportation, and hotels. Urban transportation is the leading revenue generator for Hankyu, and consists of Hankyu Corporation and Hanshin Electric Railway. Through these businesses, the company provides transportation services through a network that includes railways, buses, and taxis. The real estate business also brings in a significant portion of revenue and almost moves in lock step with the public transportation segment. Through this business, the company develops commercial facilities, residential properties, office buildings, and offers leasing and management administration.

Hankyu Hanshin Holdings (TSE:9042) Headlines

No Headlines