Kintetsu Department Store Co (TSE:8244) Days Payable : 147.40 (As of Nov. 2023)

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What is Kintetsu Department Store Co Days Payable?

Kintetsu Department Store Co's average Accounts Payable for the three months ended in Nov. 2023 was 円20,986 Mil. Kintetsu Department Store Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円12,991 Mil. Hence, Kintetsu Department Store Co's Days Payable for the three months ended in Nov. 2023 was 147.40.

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

TSE:8244' s Days Payable Range Over the Past 10 Years
Min: 34.29 Med: 38.04 Max: 125.33
Current: 125.33

During the past 13 years, Kintetsu Department Store Co's highest Days Payable was 125.33. The lowest was 34.29. And the median was 38.04.

TSE:8244's Days Payable is ranked better than
82.78% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs TSE:8244: 125.33

Kintetsu Department Store Co's Days Payable declined from Nov. 2022 (147.95) to Nov. 2023 (147.40). It may suggest that Kintetsu Department Store Co accelerated paying its suppliers.

Kintetsu Department Store Co Days Payable Historical Data

The historical data trend for Kintetsu Department Store 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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Kintetsu Department Store Co Days Payable Chart

Kintetsu Department Store Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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35.52

42.54

120.80

112.78

117.98

Kintetsu Department Store Co Quarterly Data
	May19	Aug19	Nov19	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															114.41	129.62	120.57	147.40	115.11

Competitive Comparison of Kintetsu Department Store Co's Days Payable

For the Department Stores subindustry, Kintetsu Department Store 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.

Kintetsu Department Store Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kintetsu Department Store Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kintetsu Department Store Co's Days Payable falls into.

Kintetsu Department Store 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.

Kintetsu Department Store Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (18310	+	19102)	/	2 )	/	57872	*	365
=	18706					/	57872	*	365
=	117.98

Kintetsu Department Store Co's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (20233	+	21738)	/	2 )	/	12991	*	365 / 4
=	20985.5					/	12991	*	365 / 4
=	147.40

Kintetsu Department Store Co Days Payable Related Terms

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Kintetsu Department Store Co (TSE:8244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kintetsu Department Store Co Ltd (TSE:8244) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-43 Abenosuji, Osaka, JPN

Website

http://www.d-kintetsu.co.jp

Kintetsu Department Store CO., Ltd. is principally engaged in operating department store business in the Kansai region of Japan. The company offers a broad range of merchandise, including apparel, cosmetics, medicine, jewelry, accessories, travel goods, household electric appliances, and other. Kintetsu Department Store provides complementary functions, including restaurants, coffee shops, and other services, like hotel delivery service, home delivery service, luggage storage, sightseeing information services, and other.

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