Daiwa Industries (Daiwa Industries) Days Payable : 126.91 (As of Dec. 2023)

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What is Daiwa Industries Days Payable?

Daiwa Industries's average Accounts Payable for the three months ended in Dec. 2023 was $44.8 Mil. Daiwa Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $32.2 Mil. Hence, Daiwa Industries's Days Payable for the three months ended in Dec. 2023 was 126.91.

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

DAWIF' s Days Payable Range Over the Past 10 Years
Min: 82.9 Med: 110.63 Max: 119.09
Current: 119.09

During the past 13 years, Daiwa Industries's highest Days Payable was 119.09. The lowest was 82.90. And the median was 110.63.

DAWIF's Days Payable is ranked better than
70.07% of 2930 companies
in the Industrial Products industry
Industry Median: 76 vs DAWIF: 119.09

Daiwa Industries's Days Payable increased from Dec. 2022 (112.11) to Dec. 2023 (126.91). It may suggest that Daiwa Industries delayed paying its suppliers.

Daiwa Industries Days Payable Historical Data

The historical data trend for Daiwa Industries'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.

* Premium members only.

Daiwa Industries Days Payable Chart

Daiwa Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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110.52

109.00

112.74

123.58

117.97

Daiwa Industries 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															112.11	116.82	121.95	120.03	126.91

Competitive Comparison of Daiwa Industries's Days Payable

For the Specialty Industrial Machinery subindustry, Daiwa Industries'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.

Daiwa Industries's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daiwa Industries's Days Payable distribution charts can be found below:

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

Daiwa Industries 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.

Daiwa Industries's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (46.701	+	42.347)	/	2 )	/	137.762	*	365
=	44.524					/	137.762	*	365
=	117.97

Daiwa Industries'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
=	( (47.346	+	42.347)	/	2 )	/	32.246	*	365 / 4
=	44.8465					/	32.246	*	365 / 4
=	126.91

Daiwa Industries Days Payable Related Terms

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Daiwa Industries (Daiwa Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Daiwa Industries Ltd (OTCPK:DAWIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6459:Japan

Address

3-13 Obase-cho, Daiwa Reiki Uehonmachi DRK Building, Tennoji-ward, Osaka, JPN, 543-0028

Website

http://www.daiwa-inds.com

Daiwa Industries Ltd is a Japanese company that primarily manufactures, sells, and leases freezers, refrigerators, showcases, ice machines, vending machines, cold-applied products, kitchen equipment, equipment, and parts. The company is also involved in planning, designing, and construction of stores and kitchens. Other business activities of the company include construction work and power generation.

Daiwa Industries (Daiwa Industries) Headlines

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