JTC (XKRX:950170) Days Payable : 36.01 (As of Nov. 2023)

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What is JTC Days Payable?

JTC's average Accounts Payable for the three months ended in Nov. 2023 was ₩3,947 Mil. JTC's Cost of Goods Sold for the three months ended in Nov. 2023 was ₩10,001 Mil. Hence, JTC's Days Payable for the three months ended in Nov. 2023 was 36.01.

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

XKRX:950170' s Days Payable Range Over the Past 10 Years
Min: 9.06 Med: 23.81 Max: 60.05
Current: 44.73

During the past 8 years, JTC's highest Days Payable was 60.05. The lowest was 9.06. And the median was 23.81.

XKRX:950170's Days Payable is ranked worse than
59.7% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs XKRX:950170: 44.73

JTC's Days Payable declined from Nov. 2022 (57.33) to Nov. 2023 (36.01). It may suggest that JTC accelerated paying its suppliers.

JTC Days Payable Historical Data

The historical data trend for JTC'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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JTC Days Payable Chart

JTC Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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27.68

19.64

49.18

9.06

60.05

JTC Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															57.33	71.92	51.38	51.09	36.01

Competitive Comparison of JTC's Days Payable

For the Department Stores subindustry, JTC'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.

JTC's Days Payable Distribution in the Retail - Cyclical Industry

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

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

JTC 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.

JTC's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (477.48	+	2207.423)	/	2 )	/	8159.867	*	365
=	1342.4515					/	8159.867	*	365
=	60.05

JTC's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (3770.063	+	4124.507)	/	2 )	/	10001.141	*	365 / 4
=	3947.285					/	10001.141	*	365 / 4
=	36.01

JTC Days Payable Related Terms

Thank you for viewing the detailed overview of JTC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

JTC (XKRX:950170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JTC Inc (XKRX:950170) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

2 Chome17-1 Hakata-Ekimae, Hakata Prestige Bldg, 6th Floor, Hakata-ku, Fukuoka, JPN, 812-0011

Website

http://www.groupjtc.com

JTC Inc operates duty-free stores. The company retails cosmetics, jewelry, foods, home appliances, digital equipment, and other products. JTC also operates its businesses overseas.The firm's business is B2C in that it targets tourists visiting Japan.

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