Good Com Asset Co (TSE:3475) Days Payable : 3.08 (As of Apr. 2024)

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What is Good Com Asset Co Days Payable?

Good Com Asset Co's average Accounts Payable for the three months ended in Apr. 2024 was 円227 Mil. Good Com Asset Co's Cost of Goods Sold for the three months ended in Apr. 2024 was 円6,723 Mil. Hence, Good Com Asset Co's Days Payable for the three months ended in Apr. 2024 was 3.08.

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

TSE:3475' s Days Payable Range Over the Past 10 Years
Min: 1.1 Med: 10.19 Max: 24.64
Current: 21.06

During the past 11 years, Good Com Asset Co's highest Days Payable was 24.64. The lowest was 1.10. And the median was 10.19.

TSE:3475's Days Payable is ranked worse than
85.59% of 1561 companies
in the Real Estate industry
Industry Median: 95.42 vs TSE:3475: 21.06

Good Com Asset Co's Days Payable increased from Apr. 2023 (2.70) to Apr. 2024 (3.08). It may suggest that Good Com Asset Co delayed paying its suppliers.

Good Com Asset Co Days Payable Historical Data

The historical data trend for Good Com Asset 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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Good Com Asset Co Days Payable Chart

Good Com Asset Co Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Days Payable

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1.61

1.79

8.37

19.88

13.03

Good Com Asset Co Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
Days Payable	Get a 7-Day Free Trial															9.41	5.61	15.57	3.08	-

Competitive Comparison of Good Com Asset Co's Days Payable

For the Real Estate - Diversified subindustry, Good Com Asset 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.

Good Com Asset Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Good Com Asset Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Good Com Asset Co's Days Payable falls into.

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Good Com Asset 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.

Good Com Asset Co's Days Payable for the fiscal year that ended in Oct. 2024 is calculated as

	Days Payable (A: Oct. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2023 )	+	Accounts Payable (A: Oct. 2024 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2024 )	*	Days in Period
=	( (488.218	+	3142.232)	/	2 )	/	50860.185	*	365
=	1815.225					/	50860.185	*	365
=	13.03

Good Com Asset Co's Days Payable for the quarter that ended in Apr. 2024 is calculated as:

	Days Payable (Q: Apr. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2024 )	+	Accounts Payable (Q: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
=	( (262.084	+	191.844)	/	2 )	/	6722.766	*	365 / 4
=	226.964					/	6722.766	*	365 / 4
=	3.08

Good Com Asset Co Days Payable Related Terms

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Good Com Asset Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Good Com Asset Co Ltd (TSE:3475) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023

Website

https://www.goodcomasset.co.jp

Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It primarily engages in planning, developing, managing, and selling mansions primarily in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.

Good Com Asset Co Headlines

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