Can Do Co (TSE:2698) Days Payable : 31.10 (As of Nov. 2024)

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What is Can Do Co Days Payable?

Can Do Co's average Accounts Payable for the three months ended in Nov. 2024 was 円4,349 Mil. Can Do Co's Cost of Goods Sold for the three months ended in Nov. 2024 was 円12,758 Mil. Hence, Can Do Co's Days Payable for the three months ended in Nov. 2024 was 31.10.

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

TSE:2698' s Days Payable Range Over the Past 10 Years
Min: 29.85 Med: 32.9 Max: 104.84
Current: 29.85

During the past 13 years, Can Do Co's highest Days Payable was 104.84. The lowest was 29.85. And the median was 32.90.

TSE:2698's Days Payable is ranked worse than
73.2% of 306 companies
in the Retail - Defensive industry
Industry Median: 45.105 vs TSE:2698: 29.85

Can Do Co's Days Payable declined from Nov. 2023 (31.39) to Nov. 2024 (31.10). It may suggest that Can Do Co accelerated paying its suppliers.

Can Do Co Days Payable Historical Data

The historical data trend for Can Do 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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Can Do Co Days Payable Chart

Can Do Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Feb24

Days Payable

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32.61

31.25

31.39

33.18

29.99

Can Do Co Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Days Payable	Get a 7-Day Free Trial															28.86	29.55	31.17	31.10	29.37

Competitive Comparison of Can Do Co's Days Payable

For the Discount Stores subindustry, Can Do 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.

Can Do Co's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Can Do Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Can Do Co's Days Payable falls into.

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Can Do 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.

Can Do Co'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: Nov. 2022 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (4361	+	3977)	/	2 )	/	50736	*	365
=	4169					/	50736	*	365
=	29.99

Can Do Co's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

	Days Payable (Q: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2024 )	+	Accounts Payable (Q: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
=	( (4370	+	4327)	/	2 )	/	12758	*	365 / 4
=	4348.5					/	12758	*	365 / 4
=	31.10

Can Do Co Days Payable Related Terms

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Can Do Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Can Do Co Ltd (TSE:2698) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-21-1 Kitashinjuku, Shinjuku-ku, Tokyo, JPN, 169-0074

Website

http://www.cando-web.co.jp

Can Do Co Ltd main business is to develop a chain of retail stores for daily miscellaneous goods and processed food. The company generates the majority of its revenue from Japan. The company is a single business whose main purpose is to develop a chain of retail stores for daily miscellaneous goods and processed foods. Product wise the company generates the majority of its revenue from the sale of daily goods followed by sales of processed foods.

Can Do Co Headlines

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