Yokohama Rubber Co (Yokohama Rubber Co) Days Payable : 49.81 (As of Dec. 2023)

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What is Yokohama Rubber Co Days Payable?

Yokohama Rubber Co's average Accounts Payable for the three months ended in Dec. 2023 was $691 Mil. Yokohama Rubber Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,266 Mil. Hence, Yokohama Rubber Co's Days Payable for the three months ended in Dec. 2023 was 49.81.

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

YORUF' s Days Payable Range Over the Past 10 Years
Min: 47.82 Med: 68.49 Max: 74.51
Current: 51.13

During the past 13 years, Yokohama Rubber Co's highest Days Payable was 74.51. The lowest was 47.82. And the median was 68.49.

YORUF's Days Payable is ranked worse than
64.08% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs YORUF: 51.13

Yokohama Rubber Co's Days Payable increased from Dec. 2022 (44.42) to Dec. 2023 (49.81). It may suggest that Yokohama Rubber Co delayed paying its suppliers.

Yokohama Rubber Co Days Payable Historical Data

The historical data trend for Yokohama Rubber 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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Yokohama Rubber Co Days Payable Chart

Yokohama Rubber Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

64.75

67.31

59.43

52.06

52.20

Yokohama Rubber 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															44.42	51.13	50.48	55.21	49.81

Competitive Comparison of Yokohama Rubber Co's Days Payable

For the Auto Parts subindustry, Yokohama Rubber 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.

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

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

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

Yokohama Rubber 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.

Yokohama Rubber 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
=	( (579.114	+	730.92)	/	2 )	/	4580.046	*	365
=	655.017					/	4580.046	*	365
=	52.20

Yokohama Rubber 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
=	( (651.101	+	730.92)	/	2 )	/	1265.795	*	365 / 4
=	691.0105					/	1265.795	*	365 / 4
=	49.81

Yokohama Rubber Co Days Payable Related Terms

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Yokohama Rubber Co (Yokohama Rubber Co) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

5101:Japan

Address

36-11, Shimbashi 5-chome, Minato-ku, Tokyo, JPN, 105-8685

Website

https://www.y-yokohama.com

Yokohama Rubber Co Ltd makes and sells rubber tires, wheels, and other components in two primary segments based on product type: The tires segment, which generates the majority of revenue, sells rubber tires and wheels for automobiles under the Yokohama and Advan brand names; the multiple businesses segment sells hose and couplings, conveyor belts, marine hoses, pneumatic genders, sealants and adhesives, aerospace components, and electronic materials. The majority of revenue comes from Japan.

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