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Tabio (TSE:2668) Days Payable : 27.46 (As of Feb. 2024)


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What is Tabio Days Payable?

Tabio's average Accounts Payable for the three months ended in Feb. 2024 was 円595 Mil. Tabio's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,978 Mil. Hence, Tabio's Days Payable for the three months ended in Feb. 2024 was 27.46.

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

TSE:2668' s Days Payable Range Over the Past 10 Years
Min: 24.41   Med: 28.34   Max: 48.48
Current: 31.91

During the past 13 years, Tabio's highest Days Payable was 48.48. The lowest was 24.41. And the median was 28.34.

TSE:2668's Days Payable is ranked worse than
73.25% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.6 vs TSE:2668: 31.91

Tabio's Days Payable declined from Feb. 2023 (38.48) to Feb. 2024 (27.46). It may suggest that Tabio accelerated paying its suppliers.


Tabio Days Payable Historical Data

The historical data trend for Tabio'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.

* Premium members only.

Tabio Days Payable Chart

Tabio Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.19 32.18 25.43 26.84 24.41

Tabio Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.48 34.31 40.44 34.55 27.46

Competitive Comparison of Tabio's Days Payable

For the Apparel Manufacturing subindustry, Tabio'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.


Tabio's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tabio's Days Payable distribution charts can be found below:

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



Tabio 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.

Tabio's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

Days Payable (A: Feb. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2023 ) + Accounts Payable (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (533.532 + 409.196) / 2 ) / 7047.932*365
=471.364 / 7047.932*365
=24.41

Tabio's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (781.257 + 409.196) / 2 ) / 1977.653*365 / 4
=595.2265 / 1977.653*365 / 4
=27.46

* 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.


Tabio Days Payable Related Terms

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Tabio (TSE:2668) Business Description

Traded in Other Exchanges
N/A
Address
Osaka-shi Nanbanaka chome 10 Number 70 Number, Namba Parks in Parks Tower 16F, Naniwa-ku, Osaka, JPN, 556-0011
Tabio Corp is a Japan-based company engaged in the planning, manufacturing, wholesale, and retail of socks, hosiery, and tights. The company also offers pantyhose/stockings, leggings, leg warmers, rubber mouth looses, and other related products.

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