Hikari Holdings Co (TSE:1445) Days Payable : 23.62 (As of Feb. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Hikari Holdings Co Days Payable?

Hikari Holdings Co's average Accounts Payable for the six months ended in Feb. 2024 was 円256 Mil. Hikari Holdings Co's Cost of Goods Sold for the six months ended in Feb. 2024 was 円1,980 Mil. Hence, Hikari Holdings Co's Days Payable for the six months ended in Feb. 2024 was 23.62.

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

TSE:1445' s Days Payable Range Over the Past 10 Years
Min: 13.85 Med: 19.41 Max: 24.22
Current: 24.22

During the past 7 years, Hikari Holdings Co's highest Days Payable was 24.22. The lowest was 13.85. And the median was 19.41.

TSE:1445's Days Payable is not ranked
in the Conglomerates industry.
Industry Median: 59.54 vs TSE:1445: 24.22

Hikari Holdings Co's Days Payable increased from Feb. 2023 (19.68) to Feb. 2024 (23.62). It may suggest that Hikari Holdings Co delayed paying its suppliers.

Hikari Holdings Co Days Payable Historical Data

The historical data trend for Hikari Holdings 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.

Hikari Holdings Co Days Payable Chart

Hikari Holdings Co Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Days Payable

Get a 7-Day Free Trial

14.77

19.41

22.93

21.50

16.94

Hikari Holdings Co Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial										14.34	18.73	19.68	24.33	23.62

Competitive Comparison of Hikari Holdings Co's Days Payable

For the Conglomerates subindustry, Hikari Holdings 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.

Hikari Holdings Co's Days Payable Distribution in the Conglomerates Industry

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

* The bar in red indicates where Hikari Holdings Co's Days Payable falls into.

Hikari Holdings 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.

Hikari Holdings Co's Days Payable for the fiscal year that ended in Aug. 2022 is calculated as

	Days Payable (A: Aug. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2021 )	+	Accounts Payable (A: Aug. 2022 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2022 )	*	Days in Period
=	( (129.473	+	136.349)	/	2 )	/	2863.048	*	365
=	132.911					/	2863.048	*	365
=	16.94

Hikari Holdings Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (214.429	+	298.239)	/	2 )	/	1980.201	*	365 / 2
=	256.334					/	1980.201	*	365 / 2
=	23.62

Hikari Holdings Co Days Payable Related Terms

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

Hikari Holdings Co (TSE:1445) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hikari Holdings Co Ltd (TSE:1445) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Map 67, Ohata-cho, Gifu Prefecture, Tajimi-shi, JPN, 507-0818

Website

https://www.h-holdings.jp

Hikari Holdings Co Ltd provides cutting ceramic hard tiles and communication services.

Hikari Holdings Co (TSE:1445) Headlines

No Headlines