Storage-OH Co (TSE:2997) Days Payable : 28.87 (As of Apr. 2024)

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What is Storage-OH Co Days Payable?

Storage-OH Co's average Accounts Payable for the three months ended in Apr. 2024 was 円65 Mil. Storage-OH Co's Cost of Goods Sold for the three months ended in Apr. 2024 was 円205 Mil. Hence, Storage-OH Co's Days Payable for the three months ended in Apr. 2024 was 28.87.

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

TSE:2997' s Days Payable Range Over the Past 10 Years
Min: 3.57 Med: 3.57 Max: 8.41
Current: 8.41

During the past 4 years, Storage-OH Co's highest Days Payable was 8.41. The lowest was 3.57. And the median was 3.57.

TSE:2997's Days Payable is ranked worse than
94.11% of 1579 companies
in the Real Estate industry
Industry Median: 99.69 vs TSE:2997: 8.41

Storage-OH Co's Days Payable increased from Apr. 2023 (12.66) to Apr. 2024 (28.87). It may suggest that Storage-OH Co delayed paying its suppliers.

Storage-OH Co Days Payable Historical Data

The historical data trend for Storage-OH 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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Storage-OH Co Days Payable Chart

Storage-OH Co Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Days Payable

3.57

Storage-OH Co Quarterly Data
	Jan20	Jan21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Days Payable	Get a 7-Day Free Trial								12.66	-	-	2.65	28.87

Competitive Comparison of Storage-OH Co's Days Payable

For the Real Estate Services subindustry, Storage-OH 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.

Storage-OH Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Storage-OH Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Storage-OH Co's Days Payable falls into.

Storage-OH 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.

Storage-OH Co's Days Payable for the fiscal year that ended in Jan. 2023 is calculated as

	Days Payable (A: Jan. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2022 )	+	Accounts Payable (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (0	+	25.489)	/	1 )	/	2604.118	*	365
=	25.489					/	2604.118	*	365
=	3.57

Storage-OH Co's Days Payable for the quarter that ended in Apr. 2024 is calculated as:

	Days Payable (Q: Apr. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2024 )	+	Accounts Payable (Q: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
=	( (64.776	+	64.801)	/	2 )	/	204.775	*	365 / 4
=	64.7885					/	204.775	*	365 / 4
=	28.87

Storage-OH Co Days Payable Related Terms

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Storage-OH Co (TSE:2997) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Storage-OH Co Ltd (TSE:2997) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9-23 Ichikawaminami, Ichikawa-shi, 4th floor, Keiyo Housing Ichikawa Building, Chiba, JPN, 272-0033

Website

https://www.storageoh.jp

Storage-OH Co Ltd is a property management company. The company is engaged in planning, development, operation, management of trunk room property management business.

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