Shinnihonseiyaku Co (TSE:4931) Days Payable : 30.62 (As of Mar. 2024)

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What is Shinnihonseiyaku Co Days Payable?

Shinnihonseiyaku Co's average Accounts Payable for the three months ended in Mar. 2024 was 円667 Mil. Shinnihonseiyaku Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,988 Mil. Hence, Shinnihonseiyaku Co's Days Payable for the three months ended in Mar. 2024 was 30.62.

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

TSE:4931' s Days Payable Range Over the Past 10 Years
Min: 28.81 Med: 31.79 Max: 37.27
Current: 32.21

During the past 7 years, Shinnihonseiyaku Co's highest Days Payable was 37.27. The lowest was 28.81. And the median was 31.79.

TSE:4931's Days Payable is ranked worse than
74.03% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 52.82 vs TSE:4931: 32.21

Shinnihonseiyaku Co's Days Payable declined from Mar. 2023 (36.49) to Mar. 2024 (30.62). It may suggest that Shinnihonseiyaku Co accelerated paying its suppliers.

Shinnihonseiyaku Co Days Payable Historical Data

The historical data trend for Shinnihonseiyaku 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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Shinnihonseiyaku Co Days Payable Chart

Shinnihonseiyaku Co Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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28.97

33.03

34.76

29.37

37.27

Shinnihonseiyaku Co 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															36.49	30.08	35.61	39.54	30.62

Competitive Comparison of Shinnihonseiyaku Co's Days Payable

For the Specialty Retail subindustry, Shinnihonseiyaku 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.

Shinnihonseiyaku Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shinnihonseiyaku Co's Days Payable distribution charts can be found below:

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

Shinnihonseiyaku 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.

Shinnihonseiyaku 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
=	( (553	+	946)	/	2 )	/	7341	*	365
=	749.5					/	7341	*	365
=	37.27

Shinnihonseiyaku Co'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
=	( (836	+	498)	/	2 )	/	1988	*	365 / 4
=	667					/	1988	*	365 / 4
=	30.62

Shinnihonseiyaku Co Days Payable Related Terms

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Shinnihonseiyaku Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shinnihonseiyaku Co Ltd (TSE:4931) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chuo-ku Otemon 1-Chome 4-7, Fukuoka City, JPN, 810-0074

Website

https://corporate.shinnihonseiyaku.co.jp

Shinnihonseiyaku Co Ltd is a Japanese based company involved in the business of cosmetics, medicines and health foods. It operates under one brand name such as Perfect One under Cosmetics business, It offers medicines for warts and rough skin also curing sudden muscle spasms.

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