Daiwa Heavy Industry Co (TSE:5610) Days Payable : 69.61 (As of Dec. 2023)

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What is Daiwa Heavy Industry Co Days Payable?

Daiwa Heavy Industry Co's average Accounts Payable for the three months ended in Dec. 2023 was 円806 Mil. Daiwa Heavy Industry Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,056 Mil. Hence, Daiwa Heavy Industry Co's Days Payable for the three months ended in Dec. 2023 was 69.61.

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

TSE:5610' s Days Payable Range Over the Past 10 Years
Min: 29.76 Med: 76.85 Max: 90.09
Current: 74.79

During the past 13 years, Daiwa Heavy Industry Co's highest Days Payable was 90.09. The lowest was 29.76. And the median was 76.85.

TSE:5610's Days Payable is ranked better than
50.72% of 1601 companies
in the Construction industry
Industry Median: 73.84 vs TSE:5610: 74.79

Daiwa Heavy Industry Co's Days Payable declined from Dec. 2022 (73.39) to Dec. 2023 (69.61). It may suggest that Daiwa Heavy Industry Co accelerated paying its suppliers.

Daiwa Heavy Industry Co Days Payable Historical Data

The historical data trend for Daiwa Heavy Industry 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.

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Daiwa Heavy Industry Co Days Payable Chart

Daiwa Heavy Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

85.90

78.99

76.89

80.80

76.18

Daiwa Heavy Industry 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															73.39	88.46	70.48	73.02	69.61

Competitive Comparison of Daiwa Heavy Industry Co's Days Payable

For the Building Products & Equipment subindustry, Daiwa Heavy Industry 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.

Daiwa Heavy Industry Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daiwa Heavy Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Daiwa Heavy Industry Co's Days Payable falls into.

Daiwa Heavy Industry 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.

Daiwa Heavy Industry Co'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
=	( (725.286	+	792.413)	/	2 )	/	3635.839	*	365
=	758.8495					/	3635.839	*	365
=	76.18

Daiwa Heavy Industry 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
=	( (818.645	+	792.413)	/	2 )	/	1055.996	*	365 / 4
=	805.529					/	1055.996	*	365 / 4
=	69.61

Daiwa Heavy Industry Co Days Payable Related Terms

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Daiwa Heavy Industry Co (TSE:5610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daiwa Heavy Industry Co Ltd (TSE:5610) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

KOBE 1 - chome 21 - 23, Yasagi-ku, Hiroshima, JPN, 7310221

Website

http://www.daiwajuko.co.jp

Daiwa Heavy Industry Co., Ltd. manufactures and processes castings for industry and home use. The operates through two divisions, industrial machinery related equipment division and housing-related equipment division. In the industrial machinery-related equipment division, it covers a range of castings in all areas. On the other hand, the housing-related equipment division is focusing on the casting enamel bathtub. The company is also putting efforts into landscape products and cast iron equipment for construction.

Daiwa Heavy Industry Co (TSE:5610) Headlines

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