Pressance (TSE:3254) Days Payable : 2.71 (As of Mar. 2024)

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What is Pressance Days Payable?

Pressance's average Accounts Payable for the three months ended in Mar. 2024 was 円895 Mil. Pressance's Cost of Goods Sold for the three months ended in Mar. 2024 was 円30,124 Mil. Hence, Pressance's Days Payable for the three months ended in Mar. 2024 was 2.71.

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

TSE:3254' s Days Payable Range Over the Past 10 Years
Min: 0.06 Med: 2.08 Max: 65.51
Current: 3.58

During the past 13 years, Pressance's highest Days Payable was 65.51. The lowest was 0.06. And the median was 2.08.

TSE:3254's Days Payable is ranked worse than
97.47% of 1580 companies
in the Real Estate industry
Industry Median: 99.26 vs TSE:3254: 3.58

Pressance's Days Payable increased from Mar. 2023 (2.02) to Mar. 2024 (2.71). It may suggest that Pressance delayed paying its suppliers.

Pressance Days Payable Historical Data

The historical data trend for Pressance'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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Pressance Days Payable Chart

Pressance Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Sep22

Days Payable

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1.49

1.43

0.47

0.56

2.67

Pressance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															2.02	2.12	4.74	5.39	2.71

Competitive Comparison of Pressance's Days Payable

For the Real Estate - Development subindustry, Pressance'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.

Pressance's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pressance's Days Payable distribution charts can be found below:

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

Pressance 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.

Pressance's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (280	+	1325)	/	2 )	/	109741	*	365
=	802.5					/	109741	*	365
=	2.67

Pressance's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (780	+	1010)	/	2 )	/	30124	*	365 / 4
=	895					/	30124	*	365 / 4
=	2.71

Pressance Days Payable Related Terms

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Pressance (TSE:3254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pressance Corp (TSE:3254) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 No. 27 Crystal Tower, Chuo-ku, Osaka-shi Shiromi 1-chome, 27 floor, Osaka, JPN, 540-6027

Website

https://www.pressance.co.jp

Pressance Corp is a real estate business based in Japan. The company earns all revenue domestically. Pressance engages in several activities related to the development and sale of real estate, including the sale of newly built apartments, trading and brokering land and condominiums, building management, parking lot operation, management of apartment buildings, leasing, and general real estate management activities. In addition, the company provides consultancy services such as real estate planning and research.

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