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Alpha Purchase Co (TSE:7115) Days Payable : 79.23 (As of Mar. 2024)


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What is Alpha Purchase Co Days Payable?

Alpha Purchase Co's average Accounts Payable for the three months ended in Mar. 2024 was 円10,729 Mil. Alpha Purchase Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円12,357 Mil. Hence, Alpha Purchase Co's Days Payable for the three months ended in Mar. 2024 was 79.23.

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

TSE:7115' s Days Payable Range Over the Past 10 Years
Min: 70.42   Med: 86.15   Max: 100.42
Current: 70.42

During the past 4 years, Alpha Purchase Co's highest Days Payable was 100.42. The lowest was 70.42. And the median was 86.15.

TSE:7115's Days Payable is ranked worse than
54.99% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs TSE:7115: 70.42

Alpha Purchase Co's Days Payable increased from Mar. 2023 (72.86) to Mar. 2024 (79.23). It may suggest that Alpha Purchase Co delayed paying its suppliers.


Alpha Purchase Co Days Payable Historical Data

The historical data trend for Alpha Purchase 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.

* Premium members only.

Alpha Purchase Co Days Payable Chart

Alpha Purchase Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
100.42 89.08 83.22 78.59

Alpha Purchase Co Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only 72.86 63.04 69.64 68.83 79.23

Competitive Comparison of Alpha Purchase Co's Days Payable

For the Specialty Industrial Machinery subindustry, Alpha Purchase 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.


Alpha Purchase Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alpha Purchase Co's Days Payable distribution charts can be found below:

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



Alpha Purchase 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.

Alpha Purchase Co'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
=( (9628.26 + 10663.412) / 2 ) / 47123.308*365
=10145.836 / 47123.308*365
=78.59

Alpha Purchase 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
=( (10663.412 + 10795.411) / 2 ) / 12357.095*365 / 4
=10729.4115 / 12357.095*365 / 4
=79.23

* 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.


Alpha Purchase Co Days Payable Related Terms

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Alpha Purchase Co (TSE:7115) Business Description

Traded in Other Exchanges
N/A
Address
1-4-28 Mita Minato-ku, Mitakokusai Building 15th Floor, Tokyo, JPN, 108-0073
Alpha Purchase Co Ltd is engaged in the indirect material sales business and facility management business.

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