VELTRA (TSE:7048) Days Payable : 278.31 (As of Mar. 2024)

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What is VELTRA Days Payable?

VELTRA's average Accounts Payable for the three months ended in Mar. 2024 was 円2,906 Mil. VELTRA's Cost of Goods Sold for the three months ended in Mar. 2024 was 円953 Mil. Hence, VELTRA's Days Payable for the three months ended in Mar. 2024 was 278.31.

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

TSE:7048' s Days Payable Range Over the Past 10 Years
Min: 31.63 Med: 146.7 Max: 255.67
Current: 255.67

During the past 8 years, VELTRA's highest Days Payable was 255.67. The lowest was 31.63. And the median was 146.70.

TSE:7048's Days Payable is ranked better than
85.88% of 758 companies
in the Travel & Leisure industry
Industry Median: 57.805 vs TSE:7048: 255.67

VELTRA's Days Payable increased from Mar. 2023 (218.18) to Mar. 2024 (278.31). It may suggest that VELTRA delayed paying its suppliers.

VELTRA Days Payable Historical Data

The historical data trend for VELTRA'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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VELTRA Days Payable Chart

VELTRA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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159.27

148.88

31.63

134.29

216.97

VELTRA 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															218.18	228.33	223.58	281.58	278.31

Competitive Comparison of VELTRA's Days Payable

For the Travel Services subindustry, VELTRA'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.

VELTRA's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, VELTRA's Days Payable distribution charts can be found below:

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

VELTRA 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.

VELTRA'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
=	( (1219.424	+	2573.651)	/	2 )	/	3190.421	*	365
=	1896.5375					/	3190.421	*	365
=	216.97

VELTRA'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
=	( (2573.651	+	3238.825)	/	2 )	/	952.863	*	365 / 4
=	2906.238					/	952.863	*	365 / 4
=	278.31

VELTRA Days Payable Related Terms

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VELTRA (TSE:7048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » VELTRA Corp (TSE:7048) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yaesu Center Building 2nd Floor, 1-6-6 Yaesu, Chuo, Tokyo, JPN, 103-0028

Website

https://www.veltra.com

VELTRA Corp is an online tour and activity booking service company. The company connects travelers to unique local experiences across the world and has branches in Honolulu, London, Paris and Malaysia.

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