Banners Co (TSE:3011) Days Payable : 29.03 (As of Dec. 2023)

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What is Banners Co Days Payable?

Banners Co's average Accounts Payable for the three months ended in Dec. 2023 was 円321 Mil. Banners Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,011 Mil. Hence, Banners Co's Days Payable for the three months ended in Dec. 2023 was 29.03.

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

TSE:3011' s Days Payable Range Over the Past 10 Years
Min: 2.38 Med: 32.28 Max: 43.37
Current: 29.8

During the past 13 years, Banners Co's highest Days Payable was 43.37. The lowest was 2.38. And the median was 32.28.

TSE:3011's Days Payable is ranked worse than
85.85% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs TSE:3011: 29.80

Banners Co's Days Payable increased from Dec. 2022 (24.38) to Dec. 2023 (29.03). It may suggest that Banners Co delayed paying its suppliers.

Banners Co Days Payable Historical Data

The historical data trend for Banners 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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Banners Co Days Payable Chart

Banners Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

32.03

34.04

37.41

32.52

27.61

Banners 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															24.38	25.11	34.97	33.61	29.03

Competitive Comparison of Banners Co's Days Payable

For the Auto & Truck Dealerships subindustry, Banners 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.

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

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

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

Banners 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.

Banners 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
=	( (239.536	+	261.443)	/	2 )	/	3311.252	*	365
=	250.4895					/	3311.252	*	365
=	27.61

Banners 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
=	( (360.185	+	282.796)	/	2 )	/	1010.509	*	365 / 4
=	321.4905					/	1010.509	*	365 / 4
=	29.03

Banners Co Days Payable Related Terms

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Banners Co (TSE:3011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Banners Co Ltd (TSE:3011) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

102, Ishihara, Kumagaya-shi, Saitama, JPN, 3600816

Website

http://www.banners.jp

Banners Co Ltd is a Japan-based company. It operates its business activities in three divisions including real estate utilization business, automobile sales business and musical instrument sales business. In the real estate utilization business, the company mainly rent tenants. In the automobile sales business, it sells Honda Vehicles and non-life insurance. In the musical instrument sales business, it imports and sells oboe and bathoons as a specialty store of double reed musical instruments. It also provides maintenance and after-sales services.

Banners Co (TSE:3011) Headlines

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