Copa (TSE:7689) Days Payable : 48.96 (As of May. 2024)

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What is Copa Days Payable?

Copa's average Accounts Payable for the three months ended in May. 2024 was 円118 Mil. Copa's Cost of Goods Sold for the three months ended in May. 2024 was 円219 Mil. Hence, Copa's Days Payable for the three months ended in May. 2024 was 48.96.

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

TSE:7689' s Days Payable Range Over the Past 10 Years
Min: 23.1 Med: 24.62 Max: 48.57
Current: 43.19

During the past 5 years, Copa's highest Days Payable was 48.57. The lowest was 23.10. And the median was 24.62.

TSE:7689's Days Payable is ranked worse than
68.16% of 936 companies
in the Media - Diversified industry
Industry Median: 79.115 vs TSE:7689: 43.19

Copa's Days Payable declined from May. 2023 (60.40) to May. 2024 (48.96). It may suggest that Copa accelerated paying its suppliers.

Copa Days Payable Historical Data

The historical data trend for Copa'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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Copa Days Payable Chart

Copa Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Feb23

Days Payable

23.65

23.10

25.86

24.62

48.57

Copa Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Days Payable	Get a 7-Day Free Trial															60.40	34.09	28.43	33.21	48.96

Competitive Comparison of Copa's Days Payable

For the Advertising Agencies subindustry, Copa'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.

Copa's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Copa's Days Payable distribution charts can be found below:

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

Copa 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.

Copa's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (265.874	+	165.758)	/	2 )	/	1621.933	*	365
=	215.816					/	1621.933	*	365
=	48.57

Copa's Days Payable for the quarter that ended in May. 2024 is calculated as:

	Days Payable (Q: May. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2024 )	+	Accounts Payable (Q: May. 2024 ))	/	count )	/	Cost of Goods Sold (Q: May. 2024 )	*	Days in Period
=	( (48.698	+	186.383)	/	2 )	/	219.068	*	365 / 4
=	117.5405					/	219.068	*	365 / 4
=	48.96

Copa Days Payable Related Terms

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Copa Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Copa Corp Inc (TSE:7689) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-23-7 Ebisu Minami, Ebisu Park Hills 6th Floor, Shibuya-ku, Tokyo, JPN, 150-0022

Website

https://www.copa.co.jp

Copa Corp Inc is engaged in demonstration sales and wholesale of products, television mail order appearances, online mail order sales, demonstration sales of school courses and temporary staffing, and sales consulting and sales promotion.

Copa Headlines

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