Circulation Co (TSE:7379) Days Payable : 32.82 (As of Jul. 2024)

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What is Circulation Co Days Payable?

Circulation Co's average Accounts Payable for the three months ended in Jul. 2024 was 円398 Mil. Circulation Co's Cost of Goods Sold for the three months ended in Jul. 2024 was 円1,107 Mil. Hence, Circulation Co's Days Payable for the three months ended in Jul. 2024 was 32.82.

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

TSE:7379' s Days Payable Range Over the Past 10 Years
Min: 30.42 Med: 31.52 Max: 38.57
Current: 32.56

During the past 6 years, Circulation Co's highest Days Payable was 38.57. The lowest was 30.42. And the median was 31.52.

TSE:7379's Days Payable is ranked worse than
64.47% of 912 companies
in the Business Services industry
Industry Median: 46.675 vs TSE:7379: 32.56

Circulation Co's Days Payable increased from Jul. 2023 (32.22) to Jul. 2024 (32.82). It may suggest that Circulation Co delayed paying its suppliers.

Circulation Co Days Payable Historical Data

The historical data trend for Circulation 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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Circulation Co Days Payable Chart

Circulation Co Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Days Payable

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30.94

31.23

31.80

30.42

32.29

Circulation Co Quarterly Data
	Jul19	Jul20	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Days Payable	Get a 7-Day Free Trial											32.22	32.78	32.91	31.99	32.82

Competitive Comparison of Circulation Co's Days Payable

For the Consulting Services subindustry, Circulation 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.

Circulation Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Circulation Co's Days Payable distribution charts can be found below:

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

Circulation 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.

Circulation Co's Days Payable for the fiscal year that ended in Jul. 2024 is calculated as

	Days Payable (A: Jul. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2023 )	+	Accounts Payable (A: Jul. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2024 )	*	Days in Period
=	( (407.684	+	400.833)	/	2 )	/	4569.563	*	365
=	404.2585					/	4569.563	*	365
=	32.29

Circulation Co's Days Payable for the quarter that ended in Jul. 2024 is calculated as:

	Days Payable (Q: Jul. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2024 )	+	Accounts Payable (Q: Jul. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
=	( (395.765	+	400.833)	/	2 )	/	1107.468	*	365 / 4
=	398.299					/	1107.468	*	365 / 4
=	32.82

Circulation Co Days Payable Related Terms

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Circulation Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Circulation Co Ltd (TSE:7379) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-21-5 Jingumae, Shibuya-ku, Tokyo, JPN, 150-0001

Website

https://www.circu.co.jp

Circulation Co Ltd provides pro-sharing consulting services. It helps clients to solve management issues using the experience and knowledge of professionals, and others.

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