ITOCHU (ITOCHU) Days Payable : 72.22 (As of Dec. 2023)

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What is ITOCHU Days Payable?

ITOCHU's average Accounts Payable for the three months ended in Dec. 2023 was $17,019 Mil. ITOCHU's Cost of Goods Sold for the three months ended in Dec. 2023 was $21,504 Mil. Hence, ITOCHU's Days Payable for the three months ended in Dec. 2023 was 72.22.

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

ITOCY' s Days Payable Range Over the Past 10 Years
Min: 61.93 Med: 101.97 Max: 149.04
Current: 72.28

During the past 13 years, ITOCHU's highest Days Payable was 149.04. The lowest was 61.93. And the median was 101.97.

ITOCY's Days Payable is ranked better than
61.19% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs ITOCY: 72.28

ITOCHU's Days Payable increased from Dec. 2022 (68.97) to Dec. 2023 (72.22). It may suggest that ITOCHU delayed paying its suppliers.

ITOCHU Days Payable Historical Data

The historical data trend for ITOCHU'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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ITOCHU Days Payable Chart

ITOCHU Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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70.11

71.30

65.98

65.80

ITOCHU Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															68.97	70.33	69.10	73.79	72.22

Competitive Comparison of ITOCHU's Days Payable

For the Conglomerates subindustry, ITOCHU'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.

ITOCHU's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, ITOCHU's Days Payable distribution charts can be found below:

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

ITOCHU 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.

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

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (16589.308	+	15281.627)	/	2 )	/	88398.547	*	365
=	15935.4675					/	88398.547	*	365
=	65.80

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

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (16415.78	+	17622.236)	/	2 )	/	21504.249	*	365 / 4
=	17019.008					/	21504.249	*	365 / 4
=	72.22

ITOCHU Days Payable Related Terms

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

ITOCHU (ITOCHU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » ITOCHU Corp (OTCPK:ITOCY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ITOCF:USA 8001:Japan IOC:Germany IOC:Austria

Address

5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077

Website

https://www.itochu.co.jp

ITOCHU Corp is a group of businesses that engage in importing, exporting, and trading various products. The traded goods include textiles, machinery, metals, minerals, energy, chemicals, food, general products, realty, and information and communications technology. The largest segments by net profit to the group are Food and Energy and Chemicals. Food segment pursues efficiency-oriented operations from production and distribution to retail in all areas of food from raw materials to finished products both in Japan and overseas. The energy and chemicals segment trades crude oil and oil derivatives and chemicals.

ITOCHU (ITOCHU) Headlines

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