EURASIA TRAVEL Co (TSE:9376) Days Payable : 4.97 (As of Mar. 2024)

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What is EURASIA TRAVEL Co Days Payable?

EURASIA TRAVEL Co's average Accounts Payable for the three months ended in Mar. 2024 was 円55 Mil. EURASIA TRAVEL Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,005 Mil. Hence, EURASIA TRAVEL Co's Days Payable for the three months ended in Mar. 2024 was 4.97.

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

TSE:9376' s Days Payable Range Over the Past 10 Years
Min: 9.39 Med: 17.1 Max: 20.98
Current: 9.39

During the past 13 years, EURASIA TRAVEL Co's highest Days Payable was 20.98. The lowest was 9.39. And the median was 17.10.

TSE:9376's Days Payable is ranked worse than
93.29% of 760 companies
in the Travel & Leisure industry
Industry Median: 58.215 vs TSE:9376: 9.39

EURASIA TRAVEL Co's Days Payable declined from Mar. 2023 (10.44) to Mar. 2024 (4.97). It may suggest that EURASIA TRAVEL Co accelerated paying its suppliers.

EURASIA TRAVEL Co Days Payable Historical Data

The historical data trend for EURASIA TRAVEL 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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EURASIA TRAVEL Co Days Payable Chart

EURASIA TRAVEL Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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13.43

13.39

12.77

17.35

9.63

EURASIA TRAVEL 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															10.44	13.37	13.02	7.20	4.97

Competitive Comparison of EURASIA TRAVEL Co's Days Payable

For the Travel Services subindustry, EURASIA TRAVEL 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.

EURASIA TRAVEL Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, EURASIA TRAVEL Co's Days Payable distribution charts can be found below:

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

EURASIA TRAVEL 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.

EURASIA TRAVEL 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
=	( (31.173	+	99.652)	/	2 )	/	2479.079	*	365
=	65.4125					/	2479.079	*	365
=	9.63

EURASIA TRAVEL 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
=	( (18.529	+	91.072)	/	2 )	/	1005.468	*	365 / 4
=	54.8005					/	1005.468	*	365 / 4
=	4.97

EURASIA TRAVEL Co Days Payable Related Terms

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EURASIA TRAVEL Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » EURASIA TRAVEL Co Ltd (TSE:9376) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-6-4 Hirakawacho, Chiyoda-ku, Tokyo, JPN, 102-8642

Website

http://www.eurasia.co.jp

EURASIA TRAVEL Co Ltd is engaged in planning, arranging, selling overseas domestic travel, and delegating work of overseas travel insurance.

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