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Daiho (TSE:1822) Days Payable : 69.13 (As of Sep. 2024)


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What is Daiho Days Payable?

Daiho's average Accounts Payable for the three months ended in Sep. 2024 was 円24,683 Mil. Daiho's Cost of Goods Sold for the three months ended in Sep. 2024 was 円32,582 Mil. Hence, Daiho's Days Payable for the three months ended in Sep. 2024 was 69.13.

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

TSE:1822' s Days Payable Range Over the Past 10 Years
Min: 70.92   Med: 103.08   Max: 120.88
Current: 70.92

During the past 13 years, Daiho's highest Days Payable was 120.88. The lowest was 70.92. And the median was 103.08.

TSE:1822's Days Payable is ranked worse than
53.62% of 1671 companies
in the Construction industry
Industry Median: 76.84 vs TSE:1822: 70.92

Daiho's Days Payable declined from Sep. 2023 (69.16) to Sep. 2024 (69.13). It may suggest that Daiho accelerated paying its suppliers.


Daiho Days Payable Historical Data

The historical data trend for Daiho'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.

Daiho Days Payable Chart

Daiho 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 95.40 89.85 87.65 88.16 78.76

Daiho Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 68.20 65.28 87.69 69.13 64.79

Competitive Comparison of Daiho's Days Payable

For the Engineering & Construction subindustry, Daiho'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.


Daiho's Days Payable Distribution in the Construction Industry

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

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


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Daiho 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.

Daiho'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
=( (34599 + 32556) / 2 ) / 155612*365
=33577.5 / 155612*365
=78.76

Daiho's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (26367 + 22998) / 2 ) / 32582*365 / 4
=24682.5 / 32582*365 / 4
=69.13

* 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.


Daiho Days Payable Related Terms

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Daiho Business Description

Traded in Other Exchanges
N/A
Address
24-4, Shinkawa 1-Chome, Chuo-ku, Tokyo, JPN, 104-8289
Daiho Corp is engaged in the activity of engineering and construction. It builds and engineers hydroelectric dams, expressway, harbor, subway and foundation works for large structures. The company has three segments namely Civil engineering, Building construction and Other. Civil engineering segment consists of dam, seaports, fishery ports, large bridge foundations and railways. Building construction segment comprises offices, warehouse factory, retail shops, accommodation, education and cultural and medical welfare buildings, sports and leisure facilities, environmental protection cleaning facilities, economic zones. Other segment covers rehabilitation projects, hospitals and repairing work. The company operates in Japan, Taiwan, Thailand, Malaysia, Madagascar, Cambodia.

Daiho Headlines

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