Palemo Holdings Co (TSE:2778) Days Payable : 37.00 (As of Aug. 2024)

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What is Palemo Holdings Co Days Payable?

Palemo Holdings Co's average Accounts Payable for the three months ended in Aug. 2024 was 円774 Mil. Palemo Holdings Co's Cost of Goods Sold for the three months ended in Aug. 2024 was 円1,908 Mil. Hence, Palemo Holdings Co's Days Payable for the three months ended in Aug. 2024 was 37.00.

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

TSE:2778' s Days Payable Range Over the Past 10 Years
Min: 22.22 Med: 36.24 Max: 48.57
Current: 40.58

During the past 13 years, Palemo Holdings Co's highest Days Payable was 48.57. The lowest was 22.22. And the median was 36.24.

TSE:2778's Days Payable is ranked worse than
62.13% of 1088 companies
in the Retail - Cyclical industry
Industry Median: 54.98 vs TSE:2778: 40.58

Palemo Holdings Co's Days Payable declined from Aug. 2023 (42.40) to Aug. 2024 (37.00). It may suggest that Palemo Holdings Co accelerated paying its suppliers.

Palemo Holdings Co Days Payable Historical Data

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

Palemo Holdings Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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38.97

38.77

37.86

34.58

31.79

Palemo Holdings Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Days Payable	Get a 7-Day Free Trial															42.40	48.80	39.52	42.72	37.00

Competitive Comparison of Palemo Holdings Co's Days Payable

For the Apparel Retail subindustry, Palemo 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.

Palemo Holdings Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Palemo Holdings Co's Days Payable distribution charts can be found below:

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

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Palemo 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.

Palemo Holdings 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: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (635.889	+	699.047)	/	2 )	/	7663.65	*	365
=	667.468					/	7663.65	*	365
=	31.79

Palemo Holdings Co's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

	Days Payable (Q: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2024 )	+	Accounts Payable (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (979.888	+	567.508)	/	2 )	/	1908.062	*	365 / 4
=	773.698					/	1908.062	*	365 / 4
=	37.00

Palemo Holdings Co Days Payable Related Terms

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Palemo Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Palemo Holdings Co Ltd (TSE:2778) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2778:Japan

Address

1, Tenpo Gotanda-cho, Aichi, Inazawa, Aichi Prefecture, JPN, 492 8680

Website

http://www.palemo.co.jp

Palemo Holdings Co Ltd is a holding company based in Japan. The business of the company includes operating apparel stores for women, variety merchandise, and bag specialty store chain.

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