Tsuchiya Holdings Co (TSE:1840) Days Payable : 43.84 (As of Jan. 2024)

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What is Tsuchiya Holdings Co Days Payable?

Tsuchiya Holdings Co's average Accounts Payable for the three months ended in Jan. 2024 was 円1,960 Mil. Tsuchiya Holdings Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円4,079 Mil. Hence, Tsuchiya Holdings Co's Days Payable for the three months ended in Jan. 2024 was 43.84.

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

TSE:1840' s Days Payable Range Over the Past 10 Years
Min: 27.65 Med: 48.09 Max: 54.37
Current: 27.65

During the past 13 years, Tsuchiya Holdings Co's highest Days Payable was 54.37. The lowest was 27.65. And the median was 48.09.

TSE:1840's Days Payable is ranked worse than
60.82% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 40.53 vs TSE:1840: 27.65

Tsuchiya Holdings Co's Days Payable declined from Jan. 2023 (52.57) to Jan. 2024 (43.84). It may suggest that Tsuchiya Holdings Co accelerated paying its suppliers.

Tsuchiya Holdings Co Days Payable Historical Data

The historical data trend for Tsuchiya 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.

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Tsuchiya Holdings Co Days Payable Chart

Tsuchiya Holdings Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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42.72

43.90

44.49

45.30

42.26

Tsuchiya Holdings Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															52.57	27.86	37.68	21.14	43.84

Competitive Comparison of Tsuchiya Holdings Co's Days Payable

For the Residential Construction subindustry, Tsuchiya 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.

Tsuchiya Holdings Co's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tsuchiya Holdings Co's Days Payable distribution charts can be found below:

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

Tsuchiya 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.

Tsuchiya Holdings Co's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (3239.536	+	2678.387)	/	2 )	/	25557.519	*	365
=	2958.9615					/	25557.519	*	365
=	42.26

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

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (2678.387	+	1241.024)	/	2 )	/	4079.14	*	365 / 4
=	1959.7055					/	4079.14	*	365 / 4
=	43.84

Tsuchiya Holdings Co Days Payable Related Terms

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Tsuchiya Holdings Co (TSE:1840) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Tsuchiya Holdings Co Ltd (TSE:1840) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7 Nishi Kita-kujo, Kita-ku, Sapporo, JPN, 060-0809

Website

http://www.tsuchiya.co.jp

Tsuchiya Holdings Co Ltd is a Japan-based construction company. The company is mainly engaged in the design and construction of custom homes, expansion remodeling business, real estate sales business and renovation business. Other services offered by the company include property management for owners, support for building elderly facilities, vacant house and land management services.

Tsuchiya Holdings Co (TSE:1840) Headlines

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