KNT-CT Holdings Co (TSE:9726) Days Payable : 40.30 (As of Mar. 2024)

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What is KNT-CT Holdings Co Days Payable?

KNT-CT Holdings Co's average Accounts Payable for the three months ended in Mar. 2024 was 円19,597 Mil. KNT-CT Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円44,370 Mil. Hence, KNT-CT Holdings Co's Days Payable for the three months ended in Mar. 2024 was 40.30.

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

TSE:9726' s Days Payable Range Over the Past 10 Years
Min: 17.93 Med: 26.1 Max: 57.01
Current: 39.47

During the past 13 years, KNT-CT Holdings Co's highest Days Payable was 57.01. The lowest was 17.93. And the median was 26.10.

TSE:9726's Days Payable is ranked worse than
64.12% of 758 companies
in the Travel & Leisure industry
Industry Median: 57.805 vs TSE:9726: 39.47

KNT-CT Holdings Co's Days Payable declined from Mar. 2023 (46.22) to Mar. 2024 (40.30). It may suggest that KNT-CT Holdings Co accelerated paying its suppliers.

KNT-CT Holdings Co Days Payable Historical Data

The historical data trend for KNT-CT 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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KNT-CT Holdings Co Days Payable Chart

KNT-CT Holdings Co Annual Data

Trend

Dec15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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17.93

57.01

53.03

40.46

40.76

KNT-CT Holdings 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															46.22	40.70	44.32	32.75	40.30

Competitive Comparison of KNT-CT Holdings Co's Days Payable

For the Travel Services subindustry, KNT-CT 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.

KNT-CT Holdings Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, KNT-CT Holdings Co's Days Payable distribution charts can be found below:

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

KNT-CT 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.

KNT-CT Holdings 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
=	( (23658	+	21776)	/	2 )	/	203444	*	365
=	22717					/	203444	*	365
=	40.76

KNT-CT Holdings 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
=	( (17417	+	21776)	/	2 )	/	44370	*	365 / 4
=	19596.5					/	44370	*	365 / 4
=	40.30

KNT-CT Holdings Co Days Payable Related Terms

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KNT-CT Holdings Co (TSE:9726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » KNT-CT Holdings Co Ltd (TSE:9726) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-8 Higashi-Kanda Chiyoda-ku, Unizo Higashi-Kanda 1cho-me Building, Tokyo, JPN, 101-8641

Website

http://www.knt.co.jp

KNT-CT Holdings Co Ltd is a Japan-based company. It is provider of travel related services. It mainly offers domestic and foreign carriers and air flight forwarder. It offers expert planning for travelers visiting Japan from around the world.

KNT-CT Holdings Co (TSE:9726) Headlines

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