Benefit One (TSE:2412) Days Payable : 57.20 (As of Dec. 2023)

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What is Benefit One Days Payable?

Benefit One's average Accounts Payable for the three months ended in Dec. 2023 was 円2,940 Mil. Benefit One's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,689 Mil. Hence, Benefit One's Days Payable for the three months ended in Dec. 2023 was 57.20.

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

TSE:2412' s Days Payable Range Over the Past 10 Years
Min: 40.22 Med: 48.53 Max: 93.02
Current: 63.22

During the past 13 years, Benefit One's highest Days Payable was 93.02. The lowest was 40.22. And the median was 48.53.

TSE:2412's Days Payable is ranked better than
60.78% of 923 companies
in the Business Services industry
Industry Median: 47.09 vs TSE:2412: 63.22

Benefit One's Days Payable declined from Dec. 2022 (70.52) to Dec. 2023 (57.20). It may suggest that Benefit One accelerated paying its suppliers.

Benefit One Days Payable Historical Data

The historical data trend for Benefit One'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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Benefit One Days Payable Chart

Benefit One Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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44.55

40.22

47.28

93.02

91.64

Benefit One 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															70.52	68.32	70.37	55.71	57.20

Competitive Comparison of Benefit One's Days Payable

For the Staffing & Employment Services subindustry, Benefit One'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.

Benefit One's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Benefit One's Days Payable distribution charts can be found below:

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

Benefit One 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.

Benefit One'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
=	( (5704	+	4277)	/	2 )	/	19877	*	365
=	4990.5					/	19877	*	365
=	91.64

Benefit One'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
=	( (2853	+	3026)	/	2 )	/	4689	*	365 / 4
=	2939.5					/	4689	*	365 / 4
=	57.20

Benefit One Days Payable Related Terms

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Benefit One (TSE:2412) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Benefit One Inc (TSE:2412) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BNTOF:USA

Address

Job Hub Square 6-2, 2-chome, 9th Floor, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

http://www.benefit-one.co.jp

Benefit One Inc is a Japanese company providing provisions of agency business for welfare work. The company mainly engages in welfare work and sales. It provides lodging facilities, schools, and sports clubs to people under various schemes. It also markets products on its seasonal magazines and website for sales purpose.

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