GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seiko Epson Corp (OTCPK:SEKEY) » Definitions » Days Payable

Seiko Epson (Seiko Epson) Days Payable : 61.02 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Seiko Epson Days Payable?

Seiko Epson's average Accounts Payable for the three months ended in Dec. 2023 was $1,031 Mil. Seiko Epson's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,542 Mil. Hence, Seiko Epson's Days Payable for the three months ended in Dec. 2023 was 61.02.

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

SEKEY' s Days Payable Range Over the Past 10 Years
Min: 51.07   Med: 72.08   Max: 80.64
Current: 66.32

During the past 13 years, Seiko Epson's highest Days Payable was 80.64. The lowest was 51.07. And the median was 72.08.

SEKEY's Days Payable is ranked worse than
51.96% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs SEKEY: 66.32

Seiko Epson's Days Payable declined from Dec. 2022 (67.67) to Dec. 2023 (61.02). It may suggest that Seiko Epson accelerated paying its suppliers.


Seiko Epson Days Payable Historical Data

The historical data trend for Seiko Epson'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.

Seiko Epson Days Payable Chart

Seiko Epson Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.64 70.94 73.85 75.15 68.56

Seiko Epson 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 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 67.67 70.62 69.17 63.62 61.02

Competitive Comparison of Seiko Epson's Days Payable

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson's Days Payable Distribution in the Hardware Industry

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

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



Seiko Epson 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.

Seiko Epson'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
=( (1232.958 + 1194.47) / 2 ) / 6461.561*365
=1213.714 / 6461.561*365
=68.56

Seiko Epson'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
=( (1028.077 + 1034.779) / 2 ) / 1542.393*365 / 4
=1031.428 / 1542.393*365 / 4
=61.02

* 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.


Seiko Epson Days Payable Related Terms

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


Seiko Epson (Seiko Epson) Business Description

Traded in Other Exchanges
Address
3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.