Orchestra Holdings (TSE:6533) Days Payable : 123.53 (As of Mar. 2024)

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What is Orchestra Holdings Days Payable?

Orchestra Holdings's average Accounts Payable for the three months ended in Mar. 2024 was 円2,279 Mil. Orchestra Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,684 Mil. Hence, Orchestra Holdings's Days Payable for the three months ended in Mar. 2024 was 123.53.

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

TSE:6533' s Days Payable Range Over the Past 10 Years
Min: 45.05 Med: 52.86 Max: 147.94
Current: 132.78

During the past 9 years, Orchestra Holdings's highest Days Payable was 147.94. The lowest was 45.05. And the median was 52.86.

TSE:6533's Days Payable is ranked better than
66.63% of 923 companies
in the Media - Diversified industry
Industry Median: 81.72 vs TSE:6533: 132.78

Orchestra Holdings's Days Payable declined from Mar. 2023 (166.07) to Mar. 2024 (123.53). It may suggest that Orchestra Holdings accelerated paying its suppliers.

Orchestra Holdings Days Payable Historical Data

The historical data trend for Orchestra Holdings'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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Orchestra Holdings Days Payable Chart

Orchestra Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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51.64

49.25

45.05

147.94

131.02

Orchestra Holdings 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															166.07	152.35	132.69	114.84	123.53

Competitive Comparison of Orchestra Holdings's Days Payable

For the Advertising Agencies subindustry, Orchestra Holdings'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.

Orchestra Holdings's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Orchestra Holdings's Days Payable distribution charts can be found below:

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

Orchestra Holdings 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.

Orchestra Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2397.879	+	2081.407)	/	2 )	/	6239.431	*	365
=	2239.643					/	6239.431	*	365
=	131.02

Orchestra Holdings'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
=	( (2081.407	+	2477.008)	/	2 )	/	1683.628	*	365 / 4
=	2279.2075					/	1683.628	*	365 / 4
=	123.53

Orchestra Holdings Days Payable Related Terms

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Orchestra Holdings (TSE:6533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Orchestra Holdings Inc (TSE:6533) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

1-15-1 Ebisuminami, A-Place Ebisuminami 3Floor, Shibuya-ku, Yubinbango, Tokyo, JPN, 150-0022

Website

http://www.digitalidentity.co.jp

Orchestra Holdings Inc is engaged in digital marketing and life technology business. It provides SEM consulting, site production, banner production, Facebook page production, Facebook ads, listing advertisements services among others. It offers the total solution for digital marketing measures including operational type advertisement, SEO consulting, creative service.

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