USS Co (USS Co) Days Payable : 7.18 (As of Dec. 2023)

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What is USS Co Days Payable?

USS Co's average Accounts Payable for the three months ended in Dec. 2023 was $5.0 Mil. USS Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $63.3 Mil. Hence, USS Co's Days Payable for the three months ended in Dec. 2023 was 7.18.

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

USSJY' s Days Payable Range Over the Past 10 Years
Min: 5 Med: 6.69 Max: 8.48
Current: 7.32

During the past 13 years, USS Co's highest Days Payable was 8.48. The lowest was 5.00. And the median was 6.69.

USSJY's Days Payable is ranked worse than
97.62% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.94 vs USSJY: 7.32

USS Co's Days Payable declined from Dec. 2022 (7.29) to Dec. 2023 (7.18). It may suggest that USS Co accelerated paying its suppliers.

USS Co Days Payable Historical Data

The historical data trend for USS Co'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.

USS Co Days Payable Chart

USS Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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5.68

5.19

7.00

8.73

8.53

USS Co 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															7.29	6.76	8.69	9.29	7.18

Competitive Comparison of USS Co's Days Payable

For the Auto & Truck Dealerships subindustry, USS Co'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.

USS Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, USS Co's Days Payable distribution charts can be found below:

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

USS Co 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.

USS Co'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
=	( (5.886	+	6.397)	/	2 )	/	262.867	*	365
=	6.1415					/	262.867	*	365
=	8.53

USS Co'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
=	( (6.94	+	3.014)	/	2 )	/	63.251	*	365 / 4
=	4.977					/	63.251	*	365 / 4
=	7.18

USS Co Days Payable Related Terms

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USS Co (USS Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » USS Co Ltd (OTCPK:USSJY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4732:Japan

Address

507-20 Shinpo-Machi, Tokai-shi, Aichi Prefecture, JPN, 476-0005

Website

https://www.ussnet.co.jp/eng

USS is a Japanese company involved in managing used-vehicle auctions. It has two segments: the auction business (purchasing and selling used vehicles) and the environment-related business. The auction business distributes used vehicles by organizing auctions. The on-site auctions are held in 17 locations across the local market, satellite auctions, and Internet auctions. The recycling business scraps unsold vehicles to recycle them as rebuilt auto parts, raw materials, or solid fuel.

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