Hatch Work Co (TSE:148A) Days Payable : 1.08 (As of Dec. 2023)

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What is Hatch Work Co Days Payable?

Hatch Work Co's average Accounts Payable for the three months ended in Dec. 2023 was 円3.0 Mil. Hatch Work Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円249.4 Mil. Hence, Hatch Work Co's Days Payable for the three months ended in Dec. 2023 was 1.08.

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

TSE:148A' s Days Payable Range Over the Past 10 Years
Min: 0.64 Med: 0.85 Max: 4.15
Current: 4.15

During the past 3 years, Hatch Work Co's highest Days Payable was 4.15. The lowest was 0.64. And the median was 0.85.

TSE:148A's Days Payable is ranked worse than
95.02% of 923 companies
in the Business Services industry
Industry Median: 47.39 vs TSE:148A: 4.15

Hatch Work Co's Days Payable increased from . 20 (0.00) to Dec. 2023 (1.08). It may suggest that Hatch Work Co delayed paying its suppliers.

Hatch Work Co Days Payable Historical Data

The historical data trend for Hatch Work 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.

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Hatch Work Co Days Payable Chart

Hatch Work Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

0.64

0.85

1.06

Hatch Work Co Quarterly Data
	Dec21	Dec22	Sep23	Dec23
Days Payable	-	-	-	1.08

Competitive Comparison of Hatch Work Co's Days Payable

For the Specialty Business Services subindustry, Hatch Work 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.

Hatch Work Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hatch Work Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hatch Work Co's Days Payable falls into.

Hatch Work 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.

Hatch Work Co'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
=	( (2.605	+	3.009)	/	2 )	/	964.665	*	365
=	2.807					/	964.665	*	365
=	1.06

Hatch Work 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
=	( (2.902	+	3.009)	/	2 )	/	249.416	*	365 / 4
=	2.9555					/	249.416	*	365 / 4
=	1.08

Hatch Work Co Days Payable Related Terms

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Hatch Work Co (TSE:148A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hatch Work Co Ltd (TSE:148A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

DF Building 2-2-8 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062

Website

https://www.hatchwork.co.jp

Hatch Work Co Ltd provides the monthly parking search portalsite "At Parking", the monthly parking online management support service "At Parking Cloud" and the rental meeting room service "At Business Center".

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