IHI (TSE:7013) Days Payable

: 69.45 (As of Dec. 2023)

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IHI's average Accounts Payable for the three months ended in Dec. 2023 was 円221,784 Mil. IHI's Cost of Goods Sold for the three months ended in Dec. 2023 was 円291,382 Mil. Hence, IHI's Days Payable for the three months ended in Dec. 2023 was 69.45.

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

TSE:7013' s Days Payable Range Over the Past 10 Years
Min: 72.47 Med: 88.31 Max: 107.04
Current: 72.47

During the past 13 years, IHI's highest Days Payable was 107.04. The lowest was 72.47. And the median was 88.31.

TSE:7013's Days Payable is ranked worse than
52.3% of 2929 companies
in the Industrial Products industry
Industry Median: 75.86 vs TSE:7013: 72.47

IHI's Days Payable declined from Dec. 2022 (75.73) to Dec. 2023 (69.45). It may suggest that IHI accelerated paying its suppliers.

IHI Days Payable Historical Data

The historical data trend for IHI'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.

IHI Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

93.33

107.04

103.13

89.00

82.22

IHI Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																75.73	65.80	88.34	70.68	69.45

Competitive Comparison

For the Specialty Industrial Machinery subindustry, IHI'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.

IHI Days Payable Distribution

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

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

IHI 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.

IHI'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
=	( (235414	+	247086)	/	2 )	/	1070935	*	365
=	241250					/	1070935	*	365
=	82.22

IHI'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
=	( (221503	+	222064)	/	2 )	/	291382	*	365 / 4
=	221783.5					/	291382	*	365 / 4
=	69.45

IHI Days Payable Related Terms

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IHI (TSE:7013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IHI Corp (TSE:7013) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IHICY:USA IHICF:USA IWJ:Germany

Address

1-1, Toyosu 3-chome, Koto-ku, Tokyo, JPN, 135-8710

Website

http://www.ihi.co.jp

IHI Corp produces power systems and plants, large steel structures, marine machinery, aerospace engines, and other industrial solutions. The global company attempts to develop innovative solutions and engineering capabilities for multiple projects and maintenance platforms. Its products cover a wide range of functions, including energy supply and distribution, urban development, enhancing manufacturing processes, and utilizing technologies for air travel. Revenues are roughly split between the company's four business areas: resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; and aero engine, space, and defense. Asia accounts for the majority of total sales, with China and Japan being key regions.

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