Tetsujin Holdings (TSE:2404) Days Payable : 7.57 (As of May. 2024)

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What is Tetsujin Holdings Days Payable?

Tetsujin Holdings's average Accounts Payable for the three months ended in May. 2024 was 円124 Mil. Tetsujin Holdings's Cost of Goods Sold for the three months ended in May. 2024 was 円1,496 Mil. Hence, Tetsujin Holdings's Days Payable for the three months ended in May. 2024 was 7.57.

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

TSE:2404' s Days Payable Range Over the Past 10 Years
Min: 7.11 Med: 7.97 Max: 13.14
Current: 7.47

During the past 13 years, Tetsujin Holdings's highest Days Payable was 13.14. The lowest was 7.11. And the median was 7.97.

TSE:2404's Days Payable is ranked worse than
94.76% of 763 companies
in the Travel & Leisure industry
Industry Median: 58.77 vs TSE:2404: 7.47

Tetsujin Holdings's Days Payable increased from May. 2023 (6.79) to May. 2024 (7.57). It may suggest that Tetsujin Holdings delayed paying its suppliers.

Tetsujin Holdings Days Payable Historical Data

The historical data trend for Tetsujin Holdings'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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Tetsujin Holdings Days Payable Chart

Tetsujin Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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7.95

7.87

7.92

7.11

7.19

Tetsujin Holdings Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Days Payable	Get a 7-Day Free Trial															6.79	7.35	7.74	7.10	7.57

Competitive Comparison of Tetsujin Holdings's Days Payable

For the Lodging subindustry, Tetsujin Holdings'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.

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

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

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

Tetsujin Holdings 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.

Tetsujin Holdings's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (107.114	+	119.302)	/	2 )	/	5746.353	*	365
=	113.208					/	5746.353	*	365
=	7.19

Tetsujin Holdings's Days Payable for the quarter that ended in May. 2024 is calculated as:

	Days Payable (Q: May. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2024 )	+	Accounts Payable (Q: May. 2024 ))	/	count )	/	Cost of Goods Sold (Q: May. 2024 )	*	Days in Period
=	( (117.203	+	131.035)	/	2 )	/	1496.278	*	365 / 4
=	124.119					/	1496.278	*	365 / 4
=	7.57

Tetsujin Holdings Days Payable Related Terms

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Tetsujin Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tetsujin Holdings Inc (TSE:2404) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Higashiyama 3 - chome, Meguro-ku, Tokyo, JPN, 153-0043

Website

http://www.tetsujin.ne.jp

TETSUJIN Inc is engaged in the management of space providing amusement facilities including karaoke, luxury space business, audio equipment, systems which include production and sale of sound sources for content providers, and content provider business for mobile phones.

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