STUDIO ATAO Co (TSE:3550) Days Payable : 6.66 (As of Feb. 2024)

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What is STUDIO ATAO Co Days Payable?

STUDIO ATAO Co's average Accounts Payable for the three months ended in Feb. 2024 was 円28 Mil. STUDIO ATAO Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円379 Mil. Hence, STUDIO ATAO Co's Days Payable for the three months ended in Feb. 2024 was 6.66.

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

TSE:3550' s Days Payable Range Over the Past 10 Years
Min: 11.22 Med: 18.06 Max: 46.49
Current: 15.18

During the past 9 years, STUDIO ATAO Co's highest Days Payable was 46.49. The lowest was 11.22. And the median was 18.06.

TSE:3550's Days Payable is ranked worse than
90.74% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.34 vs TSE:3550: 15.18

STUDIO ATAO Co's Days Payable declined from Feb. 2023 (18.89) to Feb. 2024 (6.66). It may suggest that STUDIO ATAO Co accelerated paying its suppliers.

STUDIO ATAO Co Days Payable Historical Data

The historical data trend for STUDIO ATAO 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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STUDIO ATAO Co Days Payable Chart

STUDIO ATAO Co Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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13.47

11.22

18.06

18.98

21.18

STUDIO ATAO 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															18.89	25.79	19.72	6.32	6.66

Competitive Comparison of STUDIO ATAO Co's Days Payable

For the Footwear & Accessories subindustry, STUDIO ATAO 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.

STUDIO ATAO Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, STUDIO ATAO Co's Days Payable distribution charts can be found below:

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

STUDIO ATAO 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.

STUDIO ATAO 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
=	( (82.571	+	39.488)	/	2 )	/	1051.722	*	365
=	61.0295					/	1051.722	*	365
=	21.18

STUDIO ATAO 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
=	( (15.83	+	39.488)	/	2 )	/	378.924	*	365 / 4
=	27.659					/	378.924	*	365 / 4
=	6.66

STUDIO ATAO Co Days Payable Related Terms

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STUDIO ATAO Co (TSE:3550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » STUDIO ATAO Co Ltd (TSE:3550) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-2, Chuo-ku, Kobe-shi, Hyogo Prefecture, Chuo-ku, Tokyo, JPN, 651-0087

Website

http://www.atao.co.jp

STUDIO ATAO Co Ltd design and sells bags and purses. The company also manages direct retail stores and internet stores. The firm engages in the planning and sale of original bags, wallets. It also administers and manages stores; produces and operates Internet shops; and plans and produces paper media, including illustrations, as well as engages in character planning, creation, planning, and production of promotional goods, such as novelties.

STUDIO ATAO Co (TSE:3550) Headlines

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