Tachi-S Co (TSE:7239) Days Payable : 57.82 (As of Sep. 2024)

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What is Tachi-S Co Days Payable?

Tachi-S Co's average Accounts Payable for the three months ended in Sep. 2024 was 円41,126 Mil. Tachi-S Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円64,898 Mil. Hence, Tachi-S Co's Days Payable for the three months ended in Sep. 2024 was 57.82.

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

TSE:7239' s Days Payable Range Over the Past 10 Years
Min: 54.32 Med: 61.21 Max: 66.72
Current: 55.28

During the past 13 years, Tachi-S Co's highest Days Payable was 66.72. The lowest was 54.32. And the median was 61.21.

TSE:7239's Days Payable is ranked worse than
58.63% of 1281 companies
in the Vehicles & Parts industry
Industry Median: 65.28 vs TSE:7239: 55.28

Tachi-S Co's Days Payable declined from Sep. 2023 (60.41) to Sep. 2024 (57.82). It may suggest that Tachi-S Co accelerated paying its suppliers.

Tachi-S Co Days Payable Historical Data

The historical data trend for Tachi-S 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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Tachi-S Co Days Payable Chart

Tachi-S Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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54.32

64.56

63.00

61.01

56.09

Tachi-S Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															54.60	55.79	56.78	57.82	52.84

Competitive Comparison of Tachi-S Co's Days Payable

For the Auto Parts subindustry, Tachi-S 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.

Tachi-S Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tachi-S Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tachi-S Co's Days Payable falls into.

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Tachi-S 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.

Tachi-S Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (40095	+	41214)	/	2 )	/	264537	*	365
=	40654.5					/	264537	*	365
=	56.09

Tachi-S Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (42186	+	40065)	/	2 )	/	64898	*	365 / 4
=	41125.5					/	64898	*	365 / 4
=	57.82

Tachi-S Co Days Payable Related Terms

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Tachi-S Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tachi-S Co Ltd (TSE:7239) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-7, Matsubara-cho, Akishima-shi, Tokyo, JPN, 196-8611

Website

http://www.tachi-s.co.jp

Tachi-S Co Ltd is a seat systems manufacturer for automotive seats, originally from Japan. Its product portfolio includes springs, automotive seats, frames, mechanisms, foam, and soft trim. Tachi-S generates sales in Japan, China, Latin America, and North America. The company has joint ventures and technical collaborations with companies in Europe, Asia, Mexico, and North America.

Tachi-S Co Headlines

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