Toshin Holdings Co (TSE:9444) Days Payable : 39.04 (As of Jan. 2024)

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What is Toshin Holdings Co Days Payable?

Toshin Holdings Co's average Accounts Payable for the three months ended in Jan. 2024 was 円1,413 Mil. Toshin Holdings Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円3,303 Mil. Hence, Toshin Holdings Co's Days Payable for the three months ended in Jan. 2024 was 39.04.

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

TSE:9444' s Days Payable Range Over the Past 10 Years
Min: 5.66 Med: 47.58 Max: 58.21
Current: 37.39

During the past 13 years, Toshin Holdings Co's highest Days Payable was 58.21. The lowest was 5.66. And the median was 47.58.

TSE:9444's Days Payable is ranked worse than
67.44% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs TSE:9444: 37.39

Toshin Holdings Co's Days Payable declined from Jan. 2023 (42.67) to Jan. 2024 (39.04). It may suggest that Toshin Holdings Co accelerated paying its suppliers.

Toshin Holdings Co Days Payable Historical Data

The historical data trend for Toshin Holdings 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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Toshin Holdings Co Days Payable Chart

Toshin Holdings Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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47.51

47.65

49.44

58.21

49.89

Toshin Holdings Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															42.67	30.69	50.19	39.79	39.04

Competitive Comparison of Toshin Holdings Co's Days Payable

For the Specialty Retail subindustry, Toshin Holdings 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.

Toshin Holdings Co's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Toshin Holdings 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.

Toshin Holdings Co's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (1905.743	+	1607.789)	/	2 )	/	12852.27	*	365
=	1756.766					/	12852.27	*	365
=	49.89

Toshin Holdings Co's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1677.871	+	1148.561)	/	2 )	/	3302.784	*	365 / 4
=	1413.216					/	3302.784	*	365 / 4
=	39.04

Toshin Holdings Co Days Payable Related Terms

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Toshin Holdings Co (TSE:9444) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Toshin Holdings Co Ltd (TSE:9444) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aichi Prefecture, Naka-ku Sakae, 3-4-21 Toshin Sakae Building, Nagoya, JPN, 460 0008

Website

http://www.toshin-group.com

Toshin Holdings Co Ltd is engaged in the sale of mobile phone and other communication equipment. It also offers leasing and sale of real estate properties, provides asset management services, operates golf courses and restaurants, sales drinking water. Its other business includes OA equipment sales, air conditioner sales, drinking water sales, rental conference room operation, golfers salon management.

Toshin Holdings Co (TSE:9444) Headlines

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