Creditison Co (TSE:8253) Days Payable : 1,726.45 (As of Sep. 2024)

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What is Creditison Co Days Payable?

Creditison Co's average Accounts Payable for the three months ended in Sep. 2024 was 円250,292 Mil. Creditison Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円13,229 Mil. Hence, Creditison Co's Days Payable for the three months ended in Sep. 2024 was 1,726.45.

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

TSE:8253' s Days Payable Range Over the Past 10 Years
Min: 1162 Med: 1732.4 Max: 7879.52
Current: 1875.51

During the past 13 years, Creditison Co's highest Days Payable was 7879.52. The lowest was 1162.00. And the median was 1732.40.

TSE:8253's Days Payable is ranked better than
93.92% of 296 companies
in the Credit Services industry
Industry Median: 36.84 vs TSE:8253: 1875.51

Creditison Co's Days Payable increased from Sep. 2023 (1,229.57) to Sep. 2024 (1,726.45). It may suggest that Creditison Co delayed paying its suppliers.

Creditison Co Days Payable Historical Data

The historical data trend for Creditison 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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Creditison Co Days Payable Chart

Creditison Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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1,162.00

1,967.40

1,353.92

1,516.32

1,790.73

Creditison Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															1,229.57	2,231.28	1,837.00	1,898.08	1,726.45

Competitive Comparison of Creditison Co's Days Payable

For the Credit Services subindustry, Creditison 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.

Creditison Co's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Creditison Co's Days Payable distribution charts can be found below:

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

Creditison 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.

Creditison 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
=	( (253329	+	322746)	/	2 )	/	58710	*	365
=	288037.5					/	58710	*	365
=	1,790.73

Creditison 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
=	( (0	+	250292)	/	1 )	/	13229	*	365 / 4
=	250292					/	13229	*	365 / 4
=	1,726.45

Creditison Co Days Payable Related Terms

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Creditison Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Saison Co Ltd (TSE:8253) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

QC9:Germany

Address

1-1 Higashi-Ikebukuro 3-chome, 52nd Floor, Sunshine 60 Building, Toshima-ku, Tokyo, JPN, 170-6073

Website

http://www.saisoncard.co.jp

Credit Saison Co Ltd is a consumer finance company operating primarily in Japan. Saison operates in five reportable business segments: credit services, leasing, finance, real estate, and entertainment. Of these, credit services make up the vast majority of revenue. The company is one of Japan's leading card companies. The company issues Visa, MasterCard, American Express, and affinity cards carrying the Saison brand to a multitude of cardholders. Saison also provides insurance and asset management. The company is affiliated with the Mizuho Financial Group.

Creditison Co Headlines

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