GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Two stone & Sons Inc (TSE:7352) » Definitions » Days Payable

Two stone & Sons (TSE:7352) Days Payable : 29.91 (As of Feb. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Two stone & Sons Days Payable?

Two stone & Sons's average Accounts Payable for the three months ended in Feb. 2024 was 円784 Mil. Two stone & Sons's Cost of Goods Sold for the three months ended in Feb. 2024 was 円2,392 Mil. Hence, Two stone & Sons's Days Payable for the three months ended in Feb. 2024 was 29.91.

The historical rank and industry rank for Two stone & Sons's Days Payable or its related term are showing as below:

TSE:7352' s Days Payable Range Over the Past 10 Years
Min: 29.81   Med: 35.2   Max: 53.07
Current: 29.93

During the past 6 years, Two stone & Sons's highest Days Payable was 53.07. The lowest was 29.81. And the median was 35.20.

TSE:7352's Days Payable is ranked worse than
67.03% of 922 companies
in the Business Services industry
Industry Median: 47.74 vs TSE:7352: 29.93

Two stone & Sons's Days Payable declined from Feb. 2023 (30.14) to Feb. 2024 (29.91). It may suggest that Two stone & Sons accelerated paying its suppliers.


Two stone & Sons Days Payable Historical Data

The historical data trend for Two stone & Sons'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.

Two stone & Sons Days Payable Chart

Two stone & Sons Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial 47.73 39.86 30.27 29.81 30.54

Two stone & Sons Quarterly Data
Aug18 Aug19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.14 32.14 30.24 29.54 29.91

Competitive Comparison of Two stone & Sons's Days Payable

For the Specialty Business Services subindustry, Two stone & Sons'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.


Two stone & Sons's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Two stone & Sons's Days Payable distribution charts can be found below:

* The bar in red indicates where Two stone & Sons's Days Payable falls into.



Two stone & Sons 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.

Two stone & Sons's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (517.039 + 711.839) / 2 ) / 7342.441*365
=614.439 / 7342.441*365
=30.54

Two stone & Sons's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (799.022 + 768.633) / 2 ) / 2391.65*365 / 4
=783.8275 / 2391.65*365 / 4
=29.91

* 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.


Two stone & Sons Days Payable Related Terms

Thank you for viewing the detailed overview of Two stone & Sons's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Two stone & Sons (TSE:7352) Business Description

Traded in Other Exchanges
N/A
Address
2-22-3 Shibuya, Shibuya East Exit Building 6F, Shibuya-ku, Tokyo, JPN, 150-0002
Two Stone & Sons Inc is an engineering company providing engineering resources to companies, media businesses, and programming school businesses. The company develops services such as in-house media management and client solutions such as contract development.

Two stone & Sons (TSE:7352) Headlines

No Headlines