Life Foods Co (TSE:3065) Days Payable : 31.86 (As of Feb. 2024)

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What is Life Foods Co Days Payable?

Life Foods Co's average Accounts Payable for the three months ended in Feb. 2024 was 円289 Mil. Life Foods Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円827 Mil. Hence, Life Foods Co's Days Payable for the three months ended in Feb. 2024 was 31.86.

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

TSE:3065' s Days Payable Range Over the Past 10 Years
Min: 28.39 Med: 47.52 Max: 82.74
Current: 32.03

During the past 13 years, Life Foods Co's highest Days Payable was 82.74. The lowest was 28.39. And the median was 47.52.

TSE:3065's Days Payable is ranked worse than
61.76% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs TSE:3065: 32.03

Life Foods Co's Days Payable declined from Feb. 2023 (31.95) to Feb. 2024 (31.86). It may suggest that Life Foods Co accelerated paying its suppliers.

Life Foods Co Days Payable Historical Data

The historical data trend for Life Foods 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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Life Foods Co Days Payable Chart

Life Foods Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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47.22

72.78

43.76

28.39

29.31

Life Foods Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															31.95	30.67	32.98	32.86	31.86

Competitive Comparison of Life Foods Co's Days Payable

For the Restaurants subindustry, Life Foods 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.

Life Foods Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Life Foods Co's Days Payable distribution charts can be found below:

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

Life Foods 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.

Life Foods 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
=	( (296.062	+	273.021)	/	2 )	/	3543.538	*	365
=	284.5415					/	3543.538	*	365
=	29.31

Life Foods Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (304.513	+	273.021)	/	2 )	/	827.026	*	365 / 4
=	288.767					/	827.026	*	365 / 4
=	31.86

Life Foods Co Days Payable Related Terms

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Life Foods Co (TSE:3065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Life Foods Co Ltd (TSE:3065) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Esaka-cho 1-chome, 13-41, 3-41 SR building Esaka second floor, Osaka, JPN, 564-0063

Website

http://www.meshiya.co.jp

Life Foods Co., Ltd is a restaurant operator in Japan. The business of the company includes management of Japanese style restaurants like zamome and street shop, meishi and diner, and sanuki noodle.

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