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Fast Retailing Co (STU:FR7H) Days Payable : 94.88 (As of Nov. 2024)


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What is Fast Retailing Co Days Payable?

Fast Retailing Co's average Accounts Payable for the three months ended in Nov. 2024 was €2,597 Mil. Fast Retailing Co's Cost of Goods Sold for the three months ended in Nov. 2024 was €2,498 Mil. Hence, Fast Retailing Co's Days Payable for the three months ended in Nov. 2024 was 94.88.

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

STU:FR7H' s Days Payable Range Over the Past 10 Years
Min: 63.32   Med: 74.81   Max: 95.12
Current: 93.69

During the past 13 years, Fast Retailing Co's highest Days Payable was 95.12. The lowest was 63.32. And the median was 74.81.

STU:FR7H's Days Payable is ranked better than
71.04% of 1091 companies
in the Retail - Cyclical industry
Industry Median: 55 vs STU:FR7H: 93.69

Fast Retailing Co's Days Payable increased from Nov. 2023 (93.64) to Nov. 2024 (94.88). It may suggest that Fast Retailing Co delayed paying its suppliers.


Fast Retailing Co Days Payable Historical Data

The historical data trend for Fast Retailing 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.

Fast Retailing Co Days Payable Chart

Fast Retailing Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.22 75.33 97.35 101.86 93.73

Fast Retailing Co Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 93.64 84.79 88.89 93.12 94.88

Competitive Comparison of Fast Retailing Co's Days Payable

For the Apparel Retail subindustry, Fast Retailing 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.


Fast Retailing Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fast Retailing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fast Retailing Co's Days Payable falls into.



Fast Retailing 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.

Fast Retailing Co's Days Payable for the fiscal year that ended in Aug. 2024 is calculated as

Days Payable (A: Aug. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2023 ) + Accounts Payable (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (2146.508 + 2410.099) / 2 ) / 8872.333*365
=2278.3035 / 8872.333*365
=93.73

Fast Retailing Co's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

Days Payable (Q: Nov. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2024 ) + Accounts Payable (Q: Nov. 2024 )) / count ) / Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=( (2410.099 + 2784.488) / 2 ) / 2498.032*365 / 4
=2597.2935 / 2498.032*365 / 4
=94.88

* 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.


Fast Retailing Co Days Payable Related Terms

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Fast Retailing Co Business Description

Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing is Japan's largest apparel company, operating the casualwear retail chain Uniqlo known for its high-quality functional apparel at reasonable prices. Fast Retailing is in charge of product design and sales, while outsourcing almost all of its production to factories in places including China, Vietnam, Bangladesh, Indonesia, and India. It is ranked the fourth-largest apparel company by sales globally in 2023 in our estimate, thanks to the expansion of Uniqlo International, which contributed 52% of core operating profit. As at the end of fiscal 2023, it ran 3,578 stores globally. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, and Princesse Tam Tam. The Yanai family owned a 40.86% stake in the firm as at June 8, 2024.

Fast Retailing Co Headlines

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