Avantia Co (TSE:8904) Days Payable : 9.63 (As of Aug. 2024)

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What is Avantia Co Days Payable?

Avantia Co's average Accounts Payable for the three months ended in Aug. 2024 was 円2,241 Mil. Avantia Co's Cost of Goods Sold for the three months ended in Aug. 2024 was 円21,228 Mil. Hence, Avantia Co's Days Payable for the three months ended in Aug. 2024 was 9.63.

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

TSE:8904' s Days Payable Range Over the Past 10 Years
Min: 12.52 Med: 34.6 Max: 40.14
Current: 12.52

During the past 13 years, Avantia Co's highest Days Payable was 40.14. The lowest was 12.52. And the median was 34.60.

TSE:8904's Days Payable is ranked worse than
92.39% of 92 companies
in the Homebuilding & Construction industry
Industry Median: 35.125 vs TSE:8904: 12.52

Avantia Co's Days Payable declined from Aug. 2023 (11.84) to Aug. 2024 (9.63). It may suggest that Avantia Co accelerated paying its suppliers.

Avantia Co Days Payable Historical Data

The historical data trend for Avantia 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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Avantia Co Days Payable Chart

Avantia Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Days Payable

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35.89

26.80

17.95

18.39

13.93

Avantia Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Days Payable	Get a 7-Day Free Trial															11.84	14.40	12.18	13.98	9.63

Competitive Comparison of Avantia Co's Days Payable

For the Residential Construction subindustry, Avantia 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.

Avantia Co's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Avantia Co's Days Payable distribution charts can be found below:

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

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Avantia 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.

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

	Days Payable (A: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2023 )	+	Accounts Payable (A: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2024 )	*	Days in Period
=	( (2269.294	+	2509.179)	/	2 )	/	62601.373	*	365
=	2389.2365					/	62601.373	*	365
=	13.93

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

	Days Payable (Q: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2024 )	+	Accounts Payable (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (1973.473	+	2509.179)	/	2 )	/	21228.345	*	365 / 4
=	2241.326					/	21228.345	*	365 / 4
=	9.63

Avantia Co Days Payable Related Terms

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Avantia Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Avantia Co Ltd (TSE:8904) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8904:Japan

Address

Myonedori 3-chome 3-1-1, Mizuho-ku, Aichi Prefecture, Nagoya, JPN, 467-0842

Website

https://avantia-g.co.jp

Avantia Co Ltd is engaged in the planning, design and construction, interior coordination, and exterior design of houses and condominium projects in Japan.

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