Wellneo Sugar Co (TSE:2117) Days Payable : 22.66 (As of Dec. 2023)

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What is Wellneo Sugar Co Days Payable?

Wellneo Sugar Co's average Accounts Payable for the three months ended in Dec. 2023 was 円4,991 Mil. Wellneo Sugar Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円20,097 Mil. Hence, Wellneo Sugar Co's Days Payable for the three months ended in Dec. 2023 was 22.66.

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

TSE:2117' s Days Payable Range Over the Past 10 Years
Min: 19.71 Med: 30.7 Max: 38.06
Current: 25.74

During the past 12 years, Wellneo Sugar Co's highest Days Payable was 38.06. The lowest was 19.71. And the median was 30.70.

TSE:2117's Days Payable is ranked worse than
78.54% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs TSE:2117: 25.74

Wellneo Sugar Co's Days Payable declined from Dec. 2022 (26.15) to Dec. 2023 (22.66). It may suggest that Wellneo Sugar Co accelerated paying its suppliers.

Wellneo Sugar Co Days Payable Historical Data

The historical data trend for Wellneo Sugar 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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Wellneo Sugar Co Days Payable Chart

Wellneo Sugar Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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38.06

37.49

35.03

31.81

36.50

Wellneo Sugar Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															26.15	27.82	30.62	26.29	22.66

Competitive Comparison of Wellneo Sugar Co's Days Payable

For the Confectioners subindustry, Wellneo Sugar 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.

Wellneo Sugar Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wellneo Sugar Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wellneo Sugar Co's Days Payable falls into.

Wellneo Sugar 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.

Wellneo Sugar Co's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (3028	+	6789)	/	2 )	/	49079	*	365
=	4908.5					/	49079	*	365
=	36.50

Wellneo Sugar 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
=	( (4889	+	5093)	/	2 )	/	20097	*	365 / 4
=	4991					/	20097	*	365 / 4
=	22.66

Wellneo Sugar Co Days Payable Related Terms

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Wellneo Sugar Co (TSE:2117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wellneo Sugar Co Ltd (TSE:2117) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

14-1 Nihonbashi Koami-cho, Chuo-ku, Tokyo, JPN, 103-0016

Website

https://www.wellneo-sugar.co.jp

Wellneo Sugar Co Ltd is a manufacturer and seller of sugar. Its business activities are Sugar and other foodstuffs, manufacturing and sale of sugar processed goods and Warehousing business. The company is also involved in health-care and sports club management businesses.

Wellneo Sugar Co (TSE:2117) Headlines

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