GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Keyence Corp (OTCPK:KYCCF) » Definitions » Days Payable

Keyence (Keyence) Days Payable : 40.09 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Keyence Days Payable?

Keyence's average Accounts Payable for the three months ended in Dec. 2023 was $122 Mil. Keyence's Cost of Goods Sold for the three months ended in Dec. 2023 was $278 Mil. Hence, Keyence's Days Payable for the three months ended in Dec. 2023 was 40.09.

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

KYCCF' s Days Payable Range Over the Past 10 Years
Min: 28.95   Med: 32.7   Max: 39.89
Current: 39.89

During the past 13 years, Keyence's highest Days Payable was 39.89. The lowest was 28.95. And the median was 32.70.

KYCCF's Days Payable is ranked worse than
78.42% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs KYCCF: 39.89

Keyence's Days Payable declined from Dec. 2022 (40.49) to Dec. 2023 (40.09). It may suggest that Keyence accelerated paying its suppliers.


Keyence Days Payable Historical Data

The historical data trend for Keyence'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.

Keyence Days Payable Chart

Keyence Annual Data
Trend Mar12 Mar14 Mar15 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.59 38.00 37.33 39.52 38.02

Keyence 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 40.61 39.61 36.11 40.09 36.27

Competitive Comparison of Keyence's Days Payable

For the Scientific & Technical Instruments subindustry, Keyence'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.


Keyence's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Keyence's Days Payable distribution charts can be found below:

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



Keyence 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.

Keyence'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
=( (137.516 + 91.611) / 2 ) / 1099.884*365
=114.5635 / 1099.884*365
=38.02

Keyence'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
=( (111.285 + 133.406) / 2 ) / 278.494*365 / 4
=122.3455 / 278.494*365 / 4
=40.09

* 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.


Keyence Days Payable Related Terms

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


Keyence (Keyence) Business Description

Traded in Other Exchanges
Address
1-3-14, Higashi-nakajima, Higashi-Yodogawa, Osaka, JPN, 533-8555
Keyence develops and sells factory automation sensors, machine vision systems, barcode readers, programmable logic controllers, laser markers, measuring instruments, and digital microscopes. The company has a fabless business model where manufacturing of its products is outsourced to qualified contract manufacturing companies, while it focuses on product planning and development. It serves customers in automotive, metals/machining, semiconductor/electronics, food, pharmaceutical, and other industries. Keyence was founded in 1972 and is headquartered in Osaka, Japan.

Keyence (Keyence) Headlines

From GuruFocus

T. Rowe Price Japan Comments on Keyence

By Sydnee Gatewood 06-21-2021

First Eagle Comments on Keyence

By Sydnee Gatewood Sydnee Gatewood 04-21-2021

First Eagle Investment Comments on Keyence

By Holly LaFon Holly LaFon 09-09-2019

Hennessy Japan Fund's Top Five

By Monica Wolfe Monica Wolfe 01-03-2014

GAMCO Global Growth Fund Comments on KEYENCE Corp

By Holly LaFon Holly LaFon 02-22-2016