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Toda (TSE:1860) Days Payable : 67.81 (As of Dec. 2023)


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What is Toda Days Payable?

Toda's average Accounts Payable for the three months ended in Dec. 2023 was 円78,577 Mil. Toda's Cost of Goods Sold for the three months ended in Dec. 2023 was 円105,745 Mil. Hence, Toda's Days Payable for the three months ended in Dec. 2023 was 67.81.

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

TSE:1860' s Days Payable Range Over the Past 10 Years
Min: 70.26   Med: 90.96   Max: 123.39
Current: 70.26

During the past 13 years, Toda's highest Days Payable was 123.39. The lowest was 70.26. And the median was 90.96.

TSE:1860's Days Payable is ranked worse than
54.02% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs TSE:1860: 70.26

Toda's Days Payable declined from Dec. 2022 (67.96) to Dec. 2023 (67.81). It may suggest that Toda accelerated paying its suppliers.


Toda Days Payable Historical Data

The historical data trend for Toda'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.

Toda Days Payable Chart

Toda 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 91.41 90.50 88.05 77.87 83.26

Toda 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 66.47 82.84 65.27 67.81 56.54

Competitive Comparison of Toda's Days Payable

For the Engineering & Construction subindustry, Toda'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.


Toda's Days Payable Distribution in the Construction Industry

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

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



Toda 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.

Toda'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
=( (111283 + 97140) / 2 ) / 456851*365
=104211.5 / 456851*365
=83.26

Toda'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
=( (74141 + 83013) / 2 ) / 105745*365 / 4
=78577 / 105745*365 / 4
=67.81

* 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.


Toda Days Payable Related Terms

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Toda (TSE:1860) Business Description

Traded in Other Exchanges
N/A
Address
8-5 Hatchobori 2-Chome, Chuo-ku, Tokyo, JPN, 104-0032
Toda Corp is a Japan-based company that provides construction and civil engineering services for public and private customers. It designs and manages property developments and reorganizes production systems to increase profitability. The company constructs hospitals, schools, office buildings, and other industrial facilities. It handles various large-scale projects, including tunnel and highway operations, renewable energy activities, and power generation applications, to enhance technological and industrial development. Toda has six operating segments: Domestic building construction, Domestic Civil engineering, Investment Development, Domestic group companies, New business fields, and Overseas business. The majority of revenue comes from the domestic building construction segment.

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