Apaman Co (TSE:8889) Days Payable : 16.89 (As of Mar. 2024)

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What is Apaman Co Days Payable?

Apaman Co's average Accounts Payable for the three months ended in Mar. 2024 was 円1,661 Mil. Apaman Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円8,974 Mil. Hence, Apaman Co's Days Payable for the three months ended in Mar. 2024 was 16.89.

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

TSE:8889' s Days Payable Range Over the Past 10 Years
Min: 10.18 Med: 12.19 Max: 17.63
Current: 17.33

During the past 13 years, Apaman Co's highest Days Payable was 17.63. The lowest was 10.18. And the median was 12.19.

TSE:8889's Days Payable is ranked worse than
88.9% of 1577 companies
in the Real Estate industry
Industry Median: 99.76 vs TSE:8889: 17.33

Apaman Co's Days Payable increased from Mar. 2023 (14.68) to Mar. 2024 (16.89). It may suggest that Apaman Co delayed paying its suppliers.

Apaman Co Days Payable Historical Data

The historical data trend for Apaman 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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Apaman Co Days Payable Chart

Apaman Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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10.18

10.24

11.65

14.37

17.63

Apaman Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															14.68	16.71	16.87	18.70	16.89

Competitive Comparison of Apaman Co's Days Payable

For the Real Estate Services subindustry, Apaman 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.

Apaman Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Apaman Co's Days Payable distribution charts can be found below:

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

Apaman 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.

Apaman Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1537	+	1814)	/	2 )	/	34693	*	365
=	1675.5					/	34693	*	365
=	17.63

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

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1592	+	1730)	/	2 )	/	8974	*	365 / 4
=	1661					/	8974	*	365 / 4
=	16.89

Apaman Co Days Payable Related Terms

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Apaman Co (TSE:8889) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Apaman Co Ltd (TSE:8889) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Building 1-1-5 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.apamanshop-hd.co.jp

Apaman Co Ltd, is a Japan-based holding company that manages the business and optimal distribution of resources for overall group companies. Under its real estate leasing business, the company manages stores and franchise. The property management business offers rental management and sub-leasing services. It is also engaged in the principal investment and fund management business. It operates as a property broker in Japan.

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