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Ohsho Food Service (TSE:9936) Days Payable : 31.47 (As of Mar. 2024)


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What is Ohsho Food Service Days Payable?

Ohsho Food Service's average Accounts Payable for the three months ended in Mar. 2024 was 円2,736 Mil. Ohsho Food Service's Cost of Goods Sold for the three months ended in Mar. 2024 was 円7,934 Mil. Hence, Ohsho Food Service's Days Payable for the three months ended in Mar. 2024 was 31.47.

The historical rank and industry rank for Ohsho Food Service's Days Payable or its related term are showing as below:

TSE:9936' s Days Payable Range Over the Past 10 Years
Min: 28.83   Med: 30.98   Max: 47.19
Current: 29.72

During the past 13 years, Ohsho Food Service's highest Days Payable was 47.19. The lowest was 28.83. And the median was 30.98.

TSE:9936's Days Payable is ranked worse than
69.12% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs TSE:9936: 29.72

Ohsho Food Service's Days Payable increased from Mar. 2023 (30.93) to Mar. 2024 (31.47). It may suggest that Ohsho Food Service delayed paying its suppliers.


Ohsho Food Service Days Payable Historical Data

The historical data trend for Ohsho Food Service'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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Ohsho Food Service Days Payable Chart

Ohsho Food Service Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.76 30.19 28.83 29.46 29.44

Ohsho Food Service 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.93 29.43 28.34 29.91 31.47

Competitive Comparison of Ohsho Food Service's Days Payable

For the Restaurants subindustry, Ohsho Food Service'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.


Ohsho Food Service's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ohsho Food Service's Days Payable distribution charts can be found below:

* The bar in red indicates where Ohsho Food Service's Days Payable falls into.



Ohsho Food Service 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.

Ohsho Food Service'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
=( (2525 + 2612) / 2 ) / 31841*365
=2568.5 / 31841*365
=29.44

Ohsho Food Service'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
=( (2860 + 2612) / 2 ) / 7934*365 / 4
=2736 / 7934*365 / 4
=31.47

* 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.


Ohsho Food Service Days Payable Related Terms

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Ohsho Food Service (TSE:9936) Business Description

Traded in Other Exchanges
N/A
Address
294-1, Nishinoyama Ibanouecho, Yamashina-ku, Kyoto-shi, Kyoto, JPN
Ohsho Food Service Corp is a Japanese company which operates Chinese restaurant chains offering Chinese dishes, as well as the sale of Chinese food ingredients and others. The company provides noodles, dumpling skins, fillings for dumplings, sliced pork, as well as alcoholic beverages and soft drinks, among others.

Ohsho Food Service (TSE:9936) Headlines

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