Gokurakuyu Holdings Co (TSE:2340) Days Payable : 11.35 (As of Dec. 2023)

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What is Gokurakuyu Holdings Co Days Payable?

Gokurakuyu Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円406 Mil. Gokurakuyu Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,266 Mil. Hence, Gokurakuyu Holdings Co's Days Payable for the three months ended in Dec. 2023 was 11.35.

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

TSE:2340' s Days Payable Range Over the Past 10 Years
Min: 9.01 Med: 11.58 Max: 34.24
Current: 12.91

During the past 13 years, Gokurakuyu Holdings Co's highest Days Payable was 34.24. The lowest was 9.01. And the median was 11.58.

TSE:2340's Days Payable is ranked worse than
91.28% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.94 vs TSE:2340: 12.91

Gokurakuyu Holdings Co's Days Payable declined from Dec. 2022 (12.44) to Dec. 2023 (11.35). It may suggest that Gokurakuyu Holdings Co accelerated paying its suppliers.

Gokurakuyu Holdings Co Days Payable Historical Data

The historical data trend for Gokurakuyu 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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Gokurakuyu Holdings Co Days Payable Chart

Gokurakuyu Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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10.90

9.01

11.68

10.66

11.47

Gokurakuyu Holdings 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															12.44	13.88	13.35	13.66	11.35

Competitive Comparison of Gokurakuyu Holdings Co's Days Payable

For the Leisure subindustry, Gokurakuyu 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.

Gokurakuyu Holdings Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gokurakuyu Holdings Co's Days Payable distribution charts can be found below:

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

Gokurakuyu 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.

Gokurakuyu Holdings 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
=	( (253.162	+	465.947)	/	2 )	/	11442.251	*	365
=	359.5545					/	11442.251	*	365
=	11.47

Gokurakuyu Holdings 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
=	( (462.637	+	350.033)	/	2 )	/	3265.589	*	365 / 4
=	406.335					/	3265.589	*	365 / 4
=	11.35

Gokurakuyu Holdings Co Days Payable Related Terms

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Gokurakuyu Holdings Co (TSE:2340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gokurakuyu Holdings Co Ltd (TSE:2340) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4 KojimachI, 6th floor, Kojimachi Tsuruya Hachiman Building, Tokyo, JPN, 102-0083

Website

https://www.gokurakuyu-holdings.co.jp

Gokurakuyu Holdings Co Ltd is engaged in offering health related service called Gokurakuyu which include bath, meal, and relaxation in Japan.

Gokurakuyu Holdings Co (TSE:2340) Headlines

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