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Yamazaki Baking Co (Yamazaki Baking Co) Days Payable : 34.06 (As of Dec. 2023)


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What is Yamazaki Baking Co Days Payable?

Yamazaki Baking Co's average Accounts Payable for the three months ended in Dec. 2023 was $579 Mil. Yamazaki Baking Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,551 Mil. Hence, Yamazaki Baking Co's Days Payable for the three months ended in Dec. 2023 was 34.06.

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

YMZBY' s Days Payable Range Over the Past 10 Years
Min: 37.4   Med: 42.52   Max: 43.86
Current: 37.4

During the past 13 years, Yamazaki Baking Co's highest Days Payable was 43.86. The lowest was 37.40. And the median was 42.52.

YMZBY's Days Payable is ranked worse than
60.65% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs YMZBY: 37.40

Yamazaki Baking Co's Days Payable declined from Dec. 2022 (35.86) to Dec. 2023 (34.06). It may suggest that Yamazaki Baking Co accelerated paying its suppliers.


Yamazaki Baking Co Days Payable Historical Data

The historical data trend for Yamazaki Baking 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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Yamazaki Baking Co Days Payable Chart

Yamazaki Baking Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.35 41.53 42.40 43.31 40.86

Yamazaki Baking 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 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 35.86 39.44 37.65 38.03 34.06

Competitive Comparison of Yamazaki Baking Co's Days Payable

For the Packaged Foods subindustry, Yamazaki Baking 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.


Yamazaki Baking Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamazaki Baking Co's Days Payable distribution charts can be found below:

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



Yamazaki Baking 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.

Yamazaki Baking 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
=( (618.879 + 619.795) / 2 ) / 5532.072*365
=619.337 / 5532.072*365
=40.86

Yamazaki Baking 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
=( (537.779 + 619.795) / 2 ) / 1550.546*365 / 4
=578.787 / 1550.546*365 / 4
=34.06

* 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.


Yamazaki Baking Co Days Payable Related Terms

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Yamazaki Baking Co (Yamazaki Baking Co) Business Description

Traded in Other Exchanges
Address
10-1, Iwamotocho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-8585
Yamazaki Baking is the largest manufacturer of packaged baked goods in Japan, with a nationwide manufacturing and distribution network. It holds about a 40% share of domestic packaged bakery sales. Bread loaves and sweet buns contribute about 44% of group sales. Other key products include Japanese and western-style sweets, biscuits, as well as sandwiches and prepared meal boxes supplied to convenience stores and supermarkets. It also operates a chain of 1,400-plus Daily Yamazaki convenience stores in Japan. While Yamazaki also operates fresh bakeries in Asia, most of the overseas businesses remain unconsolidated given unmeaningful contribution.

Yamazaki Baking Co (Yamazaki Baking Co) Headlines

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