SRE Holdings (TSE:2980) Days Payable : 7.73 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is SRE Holdings Days Payable?

SRE Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円260 Mil. SRE Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,070 Mil. Hence, SRE Holdings's Days Payable for the three months ended in Dec. 2023 was 7.73.

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

TSE:2980' s Days Payable Range Over the Past 10 Years
Min: 2.87 Med: 3.45 Max: 102.99
Current: 4.12

During the past 5 years, SRE Holdings's highest Days Payable was 102.99. The lowest was 2.87. And the median was 3.45.

TSE:2980's Days Payable is ranked worse than
97.34% of 1576 companies
in the Real Estate industry
Industry Median: 100.725 vs TSE:2980: 4.12

SRE Holdings's Days Payable increased from Dec. 2022 (5.08) to Dec. 2023 (7.73). It may suggest that SRE Holdings delayed paying its suppliers.

SRE Holdings Days Payable Historical Data

The historical data trend for SRE Holdings'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.

SRE Holdings Days Payable Chart

SRE Holdings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

102.99

28.69

2.87

3.45

3.06

SRE Holdings Quarterly Data
	Mar19	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														5.08	1.42	2.61	9.21	7.73

Competitive Comparison of SRE Holdings's Days Payable

For the Real Estate Services subindustry, SRE Holdings'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.

SRE Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SRE Holdings's Days Payable distribution charts can be found below:

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

SRE Holdings 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.

SRE Holdings'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
=	( (119.348	+	94.322)	/	2 )	/	12763.834	*	365
=	106.835					/	12763.834	*	365
=	3.06

SRE Holdings'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
=	( (254.628	+	265.244)	/	2 )	/	3070.307	*	365 / 4
=	259.936					/	3070.307	*	365 / 4
=	7.73

SRE Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of SRE Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

SRE Holdings (TSE:2980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SRE Holdings Corp (TSE:2980) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2 Aoyama Street Shionbiru 2nd Floor, Minato-ku, Kita-Aoyama 3-chome, Yubinbango, Tokyo, JPN, 107-0061

Website

https://www.sre-group.co.jp

SRE Holdings Corp operates in three businesses the real estate business, IT platform business and AI solution business. It provides AI consulting to various industries, IT platform service for real estate industry and develops real estate asset business and real estate distribution services by acquiring and operating real estate.

SRE Holdings (TSE:2980) Headlines

No Headlines