The Zenitaka (TSE:1811) Days Payable : 62.18 (As of Mar. 2024)

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What is The Zenitaka Days Payable?

The Zenitaka's average Accounts Payable for the three months ended in Mar. 2024 was 円23,228 Mil. The Zenitaka's Cost of Goods Sold for the three months ended in Mar. 2024 was 円34,085 Mil. Hence, The Zenitaka's Days Payable for the three months ended in Mar. 2024 was 62.18.

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

TSE:1811' s Days Payable Range Over the Past 10 Years
Min: 69.13 Med: 92.01 Max: 138.29
Current: 69.13

During the past 13 years, The Zenitaka's highest Days Payable was 138.29. The lowest was 69.13. And the median was 92.01.

TSE:1811's Days Payable is ranked worse than
54.77% of 1645 companies
in the Construction industry
Industry Median: 75.38 vs TSE:1811: 69.13

The Zenitaka's Days Payable declined from Mar. 2023 (71.24) to Mar. 2024 (62.18). It may suggest that The Zenitaka accelerated paying its suppliers.

The Zenitaka Days Payable Historical Data

The historical data trend for The Zenitaka'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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The Zenitaka Days Payable Chart

The Zenitaka Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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92.88

102.49

91.14

89.81

80.66

The Zenitaka 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															71.24	79.50	63.68	62.24	62.18

Competitive Comparison of The Zenitaka's Days Payable

For the Engineering & Construction subindustry, The Zenitaka'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.

The Zenitaka's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, The Zenitaka's Days Payable distribution charts can be found below:

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

The Zenitaka 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.

The Zenitaka'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
=	( (23048	+	26186)	/	2 )	/	111398	*	365
=	24617					/	111398	*	365
=	80.66

The Zenitaka's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (20270	+	26186)	/	2 )	/	34085	*	365 / 4
=	23228					/	34085	*	365 / 4
=	62.18

The Zenitaka Days Payable Related Terms

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The Zenitaka Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » The Zenitaka Corp (TSE:1811) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Naniwa Suji Twins West, 2-2-11 Nishi-Honmachi, Nishi-ku, Osaka, JPN

Website

http://www.zenitaka.co.jp

The Zenitaka Corp operates in the real estate industry. The company is in the business of contracting, planning, designing and supervision of construction work. It also processes and sells construction materials.

The Zenitaka Headlines

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