Oomitsu Co (TSE:3160) Days Payable : 42.75 (As of Feb. 2024)

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What is Oomitsu Co Days Payable?

Oomitsu Co's average Accounts Payable for the three months ended in Feb. 2024 was 円6,962 Mil. Oomitsu Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円14,859 Mil. Hence, Oomitsu Co's Days Payable for the three months ended in Feb. 2024 was 42.75.

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

TSE:3160' s Days Payable Range Over the Past 10 Years
Min: 37.65 Med: 44.47 Max: 46.96
Current: 43.35

During the past 13 years, Oomitsu Co's highest Days Payable was 46.96. The lowest was 37.65. And the median was 44.47.

TSE:3160's Days Payable is ranked worse than
51.14% of 307 companies
in the Retail - Defensive industry
Industry Median: 43.48 vs TSE:3160: 43.35

Oomitsu Co's Days Payable declined from Feb. 2023 (43.90) to Feb. 2024 (42.75). It may suggest that Oomitsu Co accelerated paying its suppliers.

Oomitsu Co Days Payable Historical Data

The historical data trend for Oomitsu 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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Oomitsu Co Days Payable Chart

Oomitsu Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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44.76

39.44

37.65

42.82

43.70

Oomitsu 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															43.90	38.89	47.84	48.80	42.75

Competitive Comparison of Oomitsu Co's Days Payable

For the Food Distribution subindustry, Oomitsu 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.

Oomitsu Co's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Oomitsu Co's Days Payable distribution charts can be found below:

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

Oomitsu 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.

Oomitsu Co's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (5890.374	+	6665.257)	/	2 )	/	52434.914	*	365
=	6277.8155					/	52434.914	*	365
=	43.70

Oomitsu 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
=	( (7525.622	+	6398.29)	/	2 )	/	14859.194	*	365 / 4
=	6961.956					/	14859.194	*	365 / 4
=	42.75

Oomitsu Co Days Payable Related Terms

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Oomitsu Co (TSE:3160) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Oomitsu Co Ltd (TSE:3160) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-66, Asakusa Ogaki, Gifu, JPN, 503-0947

Website

http://www.oomitsu.com

Oomitsu Co Ltd is a Japan-based company engaged in the distribution of wholesale foods to major chain restaurants, hotels, and other food catering facilities. The company also operates retail food sales to small- size restaurants and general consumers.

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