Press Kogyo Co (FRA:2YO) Days Payable : 69.93 (As of Dec. 2023)

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What is Press Kogyo Co Days Payable?

Press Kogyo Co's average Accounts Payable for the three months ended in Dec. 2023 was €215 Mil. Press Kogyo Co's Cost of Goods Sold for the three months ended in Dec. 2023 was €281 Mil. Hence, Press Kogyo Co's Days Payable for the three months ended in Dec. 2023 was 69.93.

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

FRA:2YO' s Days Payable Range Over the Past 10 Years
Min: 46.29 Med: 47.99 Max: 65.92
Current: 65.92

During the past 13 years, Press Kogyo Co's highest Days Payable was 65.92. The lowest was 46.29. And the median was 47.99.

FRA:2YO's Days Payable is ranked worse than
50.32% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs FRA:2YO: 65.92

Press Kogyo Co's Days Payable increased from Dec. 2022 (69.46) to Dec. 2023 (69.93). It may suggest that Press Kogyo Co delayed paying its suppliers.

Press Kogyo Co Days Payable Historical Data

The historical data trend for Press Kogyo 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.

* Premium members only.

Press Kogyo Co Days Payable Chart

Press Kogyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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45.84

60.96

62.14

61.25

58.84

Press Kogyo Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															67.86	63.56	75.61	69.93	70.19

Competitive Comparison of Press Kogyo Co's Days Payable

For the Auto Parts subindustry, Press Kogyo 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.

Press Kogyo Co's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Press Kogyo Co's Days Payable falls into.

Press Kogyo 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.

Press Kogyo Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (178.472	+	156.841)	/	2 )	/	1040.098	*	365
=	167.6565					/	1040.098	*	365
=	58.84

Press Kogyo 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
=	( (206.4	+	224.484)	/	2 )	/	281.135	*	365 / 4
=	215.442					/	281.135	*	365 / 4
=	69.93

Press Kogyo Co Days Payable Related Terms

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

Press Kogyo Co (FRA:2YO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Press Kogyo Co Ltd (FRA:2YO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7246:Japan

Address

1-1-1 Shiohama, Kawasaki-ku, Kanagawa, Kawasaki-shi, JPN, 210-8512

Website

http://www.presskogyo.co.jp

Press Kogyo Co Ltd is a manufacturer of automobile and construction machinery parts. It is engaged in truck steel stamping for the automotive industry. It offers chassis frames, axels, and construction machinery cabins as a manufacturer of the automobile. The company also offers Stamping Dies Automatic Welding Equipments Components for Building Parking System.

Press Kogyo Co (FRA:2YO) Headlines

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