Tokatsu Holdings Co (TSE:2754) Days Payable : 25.94 (As of Dec. 2023)

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What is Tokatsu Holdings Co Days Payable?

Tokatsu Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円508 Mil. Tokatsu Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,789 Mil. Hence, Tokatsu Holdings Co's Days Payable for the three months ended in Dec. 2023 was 25.94.

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

TSE:2754' s Days Payable Range Over the Past 10 Years
Min: 28.34 Med: 30.71 Max: 35.26
Current: 28.34

During the past 13 years, Tokatsu Holdings Co's highest Days Payable was 35.26. The lowest was 28.34. And the median was 30.71.

TSE:2754's Days Payable is ranked worse than
86.38% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs TSE:2754: 28.34

Tokatsu Holdings Co's Days Payable declined from Dec. 2022 (28.39) to Dec. 2023 (25.94). It may suggest that Tokatsu Holdings Co accelerated paying its suppliers.

Tokatsu Holdings Co Days Payable Historical Data

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

Tokatsu Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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30.06

29.47

29.64

29.63

33.93

Tokatsu 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															28.39	27.44	35.47	30.05	25.94

Competitive Comparison of Tokatsu Holdings Co's Days Payable

For the Auto & Truck Dealerships subindustry, Tokatsu 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.

Tokatsu Holdings Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tokatsu Holdings Co's Days Payable distribution charts can be found below:

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

Tokatsu 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.

Tokatsu 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
=	( (469.695	+	556.446)	/	2 )	/	5519.61	*	365
=	513.0705					/	5519.61	*	365
=	33.93

Tokatsu 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
=	( (589.448	+	427.538)	/	2 )	/	1789.076	*	365 / 4
=	508.493					/	1789.076	*	365 / 4
=	25.94

Tokatsu Holdings Co Days Payable Related Terms

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Tokatsu Holdings Co (TSE:2754) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tokatsu Holdings Co Ltd (TSE:2754) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kiyoshi Oka 3-21-1, Kogane Matsudo, Chiba Prefecture, Matsudo, JPN, 270 0013

Website

http://www.tkhd.co.jp

Tokatsu Holdings Co Ltd is a Japanese firm. It is engaged in sales and resale of new & used cars. It also offers automobile spare parts, maintenance, repair, inspection & insurance services. It also provides maintenance services.

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