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DD Group Co (TSE:3073) Days Payable : 31.56 (As of Feb. 2024)


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What is DD Group Co Days Payable?

DD Group Co's average Accounts Payable for the three months ended in Feb. 2024 was 円741 Mil. DD Group Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円2,141 Mil. Hence, DD Group Co's Days Payable for the three months ended in Feb. 2024 was 31.56.

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

TSE:3073' s Days Payable Range Over the Past 10 Years
Min: 31.03   Med: 36.84   Max: 62.46
Current: 35.61

During the past 13 years, DD Group Co's highest Days Payable was 62.46. The lowest was 31.03. And the median was 36.84.

TSE:3073's Days Payable is ranked worse than
54.41% of 340 companies
in the Restaurants industry
Industry Median: 38.255 vs TSE:3073: 35.61

DD Group Co's Days Payable declined from Feb. 2023 (39.90) to Feb. 2024 (31.56). It may suggest that DD Group Co accelerated paying its suppliers.


DD Group Co Days Payable Historical Data

The historical data trend for DD Group 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.

* Premium members only.

DD Group Co Days Payable Chart

DD Group Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.05 62.46 32.06 31.03 34.87

DD Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.90 40.96 38.57 33.10 31.56

Competitive Comparison of DD Group Co's Days Payable

For the Restaurants subindustry, DD Group 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.


DD Group Co's Days Payable Distribution in the Restaurants Industry

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

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



DD Group 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.

DD Group 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
=( (811 + 716) / 2 ) / 7993*365
=763.5 / 7993*365
=34.87

DD Group 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
=( (765 + 716) / 2 ) / 2141*365 / 4
=740.5 / 2141*365 / 4
=31.56

* 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.


DD Group Co Days Payable Related Terms

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DD Group Co (TSE:3073) Business Description

Traded in Other Exchanges
N/A
Address
4-1-23 Shiba, Minato-ku, Tokyo Mita NN Building 18F, Tokyo, JPN
DD Group Co Ltd is engaged in offering the management and planning of the food and drink business which includes pubs and restaurants. The restaurants include vampire cafe, glass dance, shimanto river, pork of Versailles, tori fuka, and hungry black shop.

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