Yokorei Co (TSE:2874) Days Payable : 21.66 (As of Mar. 2024)

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What is Yokorei Co Days Payable?

Yokorei Co's average Accounts Payable for the three months ended in Mar. 2024 was 円6,067 Mil. Yokorei Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円25,559 Mil. Hence, Yokorei Co's Days Payable for the three months ended in Mar. 2024 was 21.66.

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

TSE:2874' s Days Payable Range Over the Past 10 Years
Min: 11.7 Med: 15.74 Max: 19.38
Current: 17.32

During the past 13 years, Yokorei Co's highest Days Payable was 19.38. The lowest was 11.70. And the median was 15.74.

TSE:2874's Days Payable is ranked worse than
89.37% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs TSE:2874: 17.32

Yokorei Co's Days Payable increased from Mar. 2023 (18.71) to Mar. 2024 (21.66). It may suggest that Yokorei Co delayed paying its suppliers.

Yokorei Co Days Payable Historical Data

The historical data trend for Yokorei 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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Yokorei Co Days Payable Chart

Yokorei Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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13.40

16.23

16.36

17.66

15.22

Yokorei Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															18.71	15.85	15.07	17.08	21.66

Competitive Comparison of Yokorei Co's Days Payable

For the Farm Products subindustry, Yokorei 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.

Yokorei Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yokorei Co's Days Payable distribution charts can be found below:

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

Yokorei 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.

Yokorei Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (5225	+	4871)	/	2 )	/	121038	*	365
=	5048					/	121038	*	365
=	15.22

Yokorei Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (6087	+	6047)	/	2 )	/	25559	*	365 / 4
=	6067					/	25559	*	365 / 4
=	21.66

Yokorei Co Days Payable Related Terms

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Yokorei Co (TSE:2874) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yokorei Co Ltd (TSE:2874) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-6-2 Minatomirai, Minatomirai Grand Central Tower, 7th floor, Nishi-ku, Yokohama, JPN, 220-0012

Website

http://www.yokorei.co.jp

Yokorei Co Ltd, formerly Yokohama Reito Co Ltd operates in two segments, namely Refrigerated Warehousing and Food Sales. Refrigerated warehousing business includes cold storage and frozen storage operations of marine, livestock, and other products as well as related operations. Food sales business includes wholesale sales, processing operations, etc., of marine, livestock, and other products. It generates the majority of its revenue from the Food Sales segment.

Yokorei Co (TSE:2874) Headlines

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