Fukutome Meat Packers (TSE:2291) Days Payable : 40.58 (As of Dec. 2023)

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What is Fukutome Meat Packers Days Payable?

Fukutome Meat Packers's average Accounts Payable for the three months ended in Dec. 2023 was 円2,589 Mil. Fukutome Meat Packers's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,820 Mil. Hence, Fukutome Meat Packers's Days Payable for the three months ended in Dec. 2023 was 40.58.

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

TSE:2291' s Days Payable Range Over the Past 10 Years
Min: 9.23 Med: 36.95 Max: 46.16
Current: 42.82

During the past 13 years, Fukutome Meat Packers's highest Days Payable was 46.16. The lowest was 9.23. And the median was 36.95.

TSE:2291's Days Payable is ranked worse than
54.33% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs TSE:2291: 42.82

Fukutome Meat Packers's Days Payable increased from Dec. 2022 (37.98) to Dec. 2023 (40.58). It may suggest that Fukutome Meat Packers delayed paying its suppliers.

Fukutome Meat Packers Days Payable Historical Data

The historical data trend for Fukutome Meat Packers'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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Fukutome Meat Packers Days Payable Chart

Fukutome Meat Packers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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41.77

37.42

36.24

36.78

37.12

Fukutome Meat Packers 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															37.98	45.63	40.11	42.59	40.58

Competitive Comparison of Fukutome Meat Packers's Days Payable

For the Packaged Foods subindustry, Fukutome Meat Packers'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.

Fukutome Meat Packers's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fukutome Meat Packers's Days Payable distribution charts can be found below:

* The bar in red indicates where Fukutome Meat Packers's Days Payable falls into.

Fukutome Meat Packers 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.

Fukutome Meat Packers'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
=	( (2080	+	2190)	/	2 )	/	20993	*	365
=	2135					/	20993	*	365
=	37.12

Fukutome Meat Packers'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
=	( (2540	+	2637)	/	2 )	/	5820	*	365 / 4
=	2588.5					/	5820	*	365 / 4
=	40.58

Fukutome Meat Packers Days Payable Related Terms

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Fukutome Meat Packers (TSE:2291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fukutome Meat Packers Ltd (TSE:2291) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 No. 75, Hiroshima Nishi-ku, Kusatsu-ko chome, Hiroshima, JPN, 733-0832

Website

http://www.fukutome.com

Fukutome Meat Packers Ltd is a Japan-based company engaged in the purchase, processing, manufacture, and sale of meat products and other foodstuffs. Its products include ham, sausage, bacon, hana sausage, roast pork, roast beef, delica products, beef, and carp related products.

Fukutome Meat Packers (TSE:2291) Headlines

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