Hirose Tusyo (TSE:7185) Days Payable : 152.48 (As of Dec. 2023)

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What is Hirose Tusyo Days Payable?

Hirose Tusyo's average Accounts Payable for the three months ended in Dec. 2023 was 円15 Mil. Hirose Tusyo's Cost of Goods Sold for the three months ended in Dec. 2023 was 円9 Mil. Hence, Hirose Tusyo's Days Payable for the three months ended in Dec. 2023 was 152.48.

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

TSE:7185' s Days Payable Range Over the Past 10 Years
Min: 282.41 Med: 895.22 Max: 10971.55
Current: 484.26

During the past 9 years, Hirose Tusyo's highest Days Payable was 10971.55. The lowest was 282.41. And the median was 895.22.

TSE:7185's Days Payable is ranked better than
69.98% of 523 companies
in the Capital Markets industry
Industry Median: 104.06 vs TSE:7185: 484.26

Hirose Tusyo's Days Payable declined from Dec. 2022 (765.37) to Dec. 2023 (152.48). It may suggest that Hirose Tusyo accelerated paying its suppliers.

Hirose Tusyo Days Payable Historical Data

The historical data trend for Hirose Tusyo'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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Hirose Tusyo Days Payable Chart

Hirose Tusyo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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10,971.55

895.22

282.41

Hirose Tusyo 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															765.37	459.21	440.11	732.55	152.48

Competitive Comparison of Hirose Tusyo's Days Payable

For the Capital Markets subindustry, Hirose Tusyo'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.

Hirose Tusyo's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hirose Tusyo's Days Payable distribution charts can be found below:

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

Hirose Tusyo 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.

Hirose Tusyo's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (94.442	+	43.919)	/	2 )	/	89.413	*	365
=	69.1805					/	89.413	*	365
=	282.41

Hirose Tusyo'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
=	( (0	+	14.678)	/	1 )	/	8.7840000000001	*	365 / 4
=	14.678					/	8.7840000000001	*	365 / 4
=	152.48

Hirose Tusyo Days Payable Related Terms

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Hirose Tusyo (TSE:7185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hirose Tusyo Inc (TSE:7185) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nishi-ku, Osaka Shinmachi 1-chome, No. 3, No. 19 MG building, Yubinbango, Osaka, JPN

Website

http://www.hirose-fx.co.jp

Hirose Tusyo Inc provides foreign exchange margin transactions services. The company mainly provides the services through the internet. Hirose Tsusyo also provides foreign exchange related information or systems to the customers. The company is mainly engaged in foreign exchange margin trading business, which provides investors with foreign exchange margin trading and binary options trading through the Internet; provision of trading systems for group companies; provision of white label services for financial instruments traders, over-the-counter derivative transactions or the intermediary, brokerage business, foreign exchange market derivative transactions, currency trading, commodity futures trading, and foreign exchange transactions.

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