AXAS Holdings Co (TSE:3536) Days Payable : 24.21 (As of Feb. 2024)

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What is AXAS Holdings Co Days Payable?

AXAS Holdings Co's average Accounts Payable for the three months ended in Feb. 2024 was 円632 Mil. AXAS Holdings Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円2,381 Mil. Hence, AXAS Holdings Co's Days Payable for the three months ended in Feb. 2024 was 24.21.

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

TSE:3536' s Days Payable Range Over the Past 10 Years
Min: 18.77 Med: 23.71 Max: 37.25
Current: 24.21

During the past 13 years, AXAS Holdings Co's highest Days Payable was 37.25. The lowest was 18.77. And the median was 23.71.

TSE:3536's Days Payable is ranked worse than
79.84% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 45.64 vs TSE:3536: 24.21

AXAS Holdings Co's Days Payable increased from Feb. 2023 (20.70) to Feb. 2024 (24.21). It may suggest that AXAS Holdings Co delayed paying its suppliers.

AXAS Holdings Co Days Payable Historical Data

The historical data trend for AXAS Holdings 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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AXAS Holdings Co Days Payable Chart

AXAS Holdings Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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23.19

25.00

23.81

22.85

23.60

AXAS Holdings 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															20.70	21.45	26.33	23.55	24.21

Competitive Comparison of AXAS Holdings Co's Days Payable

For the Household & Personal Products subindustry, AXAS Holdings 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.

AXAS Holdings Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AXAS Holdings Co's Days Payable distribution charts can be found below:

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

AXAS Holdings 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.

AXAS Holdings Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (485.518	+	543.197)	/	2 )	/	7953.824	*	365
=	514.3575					/	7953.824	*	365
=	23.60

AXAS Holdings 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
=	( (523.128	+	740.393)	/	2 )	/	2381.196	*	365 / 4
=	631.7605					/	2381.196	*	365 / 4
=	24.21

AXAS Holdings Co Days Payable Related Terms

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AXAS Holdings Co (TSE:3536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AXAS Holdings Co Ltd (TSE:3536) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-2 Yamashironishi, Tokushima, JPN, 770-8054

Website

http://www.axas.co.jp

AXAS Holdings Co Ltd is engaged in distribution of household and personal products. The products offered by the company include cosmetics, household goods, sports gear, alcoholic beverages, and pharmaceutical sales. The company is also engaged in import and export business of cosmetics and alcoholic beverages.

AXAS Holdings Co (TSE:3536) Headlines

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