Alphax Food System Co (TSE:3814) Days Payable : 19.00 (As of Dec. 2023)

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What is Alphax Food System Co Days Payable?

Alphax Food System Co's average Accounts Payable for the three months ended in Dec. 2023 was 円49 Mil. Alphax Food System Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円236 Mil. Hence, Alphax Food System Co's Days Payable for the three months ended in Dec. 2023 was 19.00.

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

TSE:3814' s Days Payable Range Over the Past 10 Years
Min: 10.82 Med: 21.4 Max: 49.23
Current: 24.45

During the past 13 years, Alphax Food System Co's highest Days Payable was 49.23. The lowest was 10.82. And the median was 21.40.

TSE:3814's Days Payable is ranked worse than
87.39% of 468 companies
in the Conglomerates industry
Industry Median: 58.265 vs TSE:3814: 24.45

Alphax Food System Co's Days Payable declined from Dec. 2022 (31.05) to Dec. 2023 (19.00). It may suggest that Alphax Food System Co accelerated paying its suppliers.

Alphax Food System Co Days Payable Historical Data

The historical data trend for Alphax Food System 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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Alphax Food System Co Days Payable Chart

Alphax Food System Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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23.27

18.28

10.82

13.51

18.27

Alphax Food System Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															31.05	37.28	39.88	12.02	19.00

Competitive Comparison of Alphax Food System Co's Days Payable

For the Conglomerates subindustry, Alphax Food System 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.

Alphax Food System Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alphax Food System Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Alphax Food System Co's Days Payable falls into.

Alphax Food System 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.

Alphax Food System Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (57.811	+	44.885)	/	2 )	/	1025.619	*	365
=	51.348					/	1025.619	*	365
=	18.27

Alphax Food System Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (44.885	+	53.261)	/	2 )	/	235.632	*	365 / 4
=	49.073					/	235.632	*	365 / 4
=	19.00

Alphax Food System Co Days Payable Related Terms

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Alphax Food System Co (TSE:3814) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alphax Food System Co LTD (TSE:3814) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

128 Senzaki Sanyo Onoda, Yamaguchi Prefecture, Ube, JPN, 756-0039

Website

http://www.afs.co.jp

Alphax Food System Co LTD provides ASP intranet services through various mission-critical systems; engages in planning and selling system equipment; offers hardware and software maintenance services; and operates e-restaurant marketplace. It operates store chain systems and supply chain systems. It also provides magazine services to the information magazine service industry.

Alphax Food System Co (TSE:3814) Headlines

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