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KOSE (KOSCF) Days Payable : 37.92 (As of Jun. 2024)


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What is KOSE Days Payable?

KOSE's average Accounts Payable for the three months ended in Jun. 2024 was $66 Mil. KOSE's Cost of Goods Sold for the three months ended in Jun. 2024 was $159 Mil. Hence, KOSE's Days Payable for the three months ended in Jun. 2024 was 37.92.

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

KOSCF' s Days Payable Range Over the Past 10 Years
Min: 30.46   Med: 41.21   Max: 86.65
Current: 38.91

During the past 13 years, KOSE's highest Days Payable was 86.65. The lowest was 30.46. And the median was 41.21.

KOSCF's Days Payable is ranked worse than
59.28% of 1815 companies
in the Consumer Packaged Goods industry
Industry Median: 45.79 vs KOSCF: 38.91

KOSE's Days Payable declined from Jun. 2023 (39.63) to Jun. 2024 (37.92). It may suggest that KOSE accelerated paying its suppliers.


KOSE Days Payable Historical Data

The historical data trend for KOSE'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.

KOSE Days Payable Chart

KOSE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.69 32.21 30.60 35.51 34.93

KOSE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.46 30.97 40.79 37.92 48.02

Competitive Comparison of KOSE's Days Payable

For the Household & Personal Products subindustry, KOSE'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.


KOSE's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KOSE's Days Payable distribution charts can be found below:

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



KOSE 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.

KOSE's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (58.652 + 59.924) / 2 ) / 619.587*365
=59.288 / 619.587*365
=34.93

KOSE's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (68.202 + 63.601) / 2 ) / 158.603*365 / 4
=65.9015 / 158.603*365 / 4
=37.92

* 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.


KOSE Days Payable Related Terms

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


KOSE Business Description

Traded in Other Exchanges
Address
3-6-2, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8251
Kose is the third-largest cosmetics company in Japan and the second in the premium segment, and is renowned for its prestige skincare brands including Decorte and Albion. The firm has been managed by the Kobayashi family since it was established in 1946. Albion, a fully consolidated subsidiary in which Kose holds a 79.5% stake, is operated independently by another branch of the Kobayashi family. The group, with a collection 37 brands/lines spanning a wide range of price points, has captured 13.6% of Japan's premium beauty segment, according to Euromonitor. Japan remains the largest market contributing over 60% of sales, followed by North America and Europe (22%). Its distribution channels include department stores, specialty retailers, drugstores, travel retailers, and e-commerce.

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