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Takamatsu Construction Group Co (TSE:1762) Days Payable : 38.44 (As of Dec. 2023)


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What is Takamatsu Construction Group Co Days Payable?

Takamatsu Construction Group Co's average Accounts Payable for the three months ended in Dec. 2023 was 円29,282 Mil. Takamatsu Construction Group Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円69,518 Mil. Hence, Takamatsu Construction Group Co's Days Payable for the three months ended in Dec. 2023 was 38.44.

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

TSE:1762' s Days Payable Range Over the Past 10 Years
Min: 38.69   Med: 50.69   Max: 58.34
Current: 38.69

During the past 13 years, Takamatsu Construction Group Co's highest Days Payable was 58.34. The lowest was 38.69. And the median was 50.69.

TSE:1762's Days Payable is ranked worse than
81.12% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs TSE:1762: 38.69

Takamatsu Construction Group Co's Days Payable increased from Dec. 2022 (35.80) to Dec. 2023 (38.44). It may suggest that Takamatsu Construction Group Co delayed paying its suppliers.


Takamatsu Construction Group Co Days Payable Historical Data

The historical data trend for Takamatsu Construction Group 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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Takamatsu Construction Group Co Days Payable Chart

Takamatsu Construction Group Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.64 45.16 44.94 43.89 39.97

Takamatsu Construction Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.07 43.84 36.79 38.44 35.61

Competitive Comparison of Takamatsu Construction Group Co's Days Payable

For the Engineering & Construction subindustry, Takamatsu Construction Group 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.


Takamatsu Construction Group Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Takamatsu Construction Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Takamatsu Construction Group Co's Days Payable falls into.



Takamatsu Construction Group 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.

Takamatsu Construction Group Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (29271 + 29779) / 2 ) / 269627*365
=29525 / 269627*365
=39.97

Takamatsu Construction Group 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
=( (28991 + 29572) / 2 ) / 69518*365 / 4
=29281.5 / 69518*365 / 4
=38.44

* 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.


Takamatsu Construction Group Co Days Payable Related Terms

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Takamatsu Construction Group Co (TSE:1762) Business Description

Traded in Other Exchanges
N/A
Address
1-2-3 Shinkitano, Yodogawa-ku, Osaka, JPN, 532-0025
Takamatsu Construction Group Co Ltd is a Japan-based company, engages in the construction business. It operates through the following business division Construction business, Civil Engineering business, and Real Estate business. The Construction division offers general construction, remodeling, and renovation of residential and commercial buildings, and warehouses. The Civil Engineering division deals with the construction, repair, and maintenance of bridges, highways, tunnels, roads, and sewage systems. The Real Estate division offers real estate development, sales, leasing, and management.

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