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Yokogawa Electric (FRA:YKE) Days Payable : 37.08 (As of Dec. 2023)


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What is Yokogawa Electric Days Payable?

Yokogawa Electric's average Accounts Payable for the three months ended in Dec. 2023 was €181 Mil. Yokogawa Electric's Cost of Goods Sold for the three months ended in Dec. 2023 was €447 Mil. Hence, Yokogawa Electric's Days Payable for the three months ended in Dec. 2023 was 37.08.

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

FRA:YKE' s Days Payable Range Over the Past 10 Years
Min: 38.27   Med: 43.25   Max: 54.12
Current: 38.27

During the past 13 years, Yokogawa Electric's highest Days Payable was 54.12. The lowest was 38.27. And the median was 43.25.

FRA:YKE's Days Payable is ranked worse than
81.51% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs FRA:YKE: 38.27

Yokogawa Electric's Days Payable declined from Dec. 2022 (37.12) to Dec. 2023 (37.08). It may suggest that Yokogawa Electric accelerated paying its suppliers.


Yokogawa Electric Days Payable Historical Data

The historical data trend for Yokogawa Electric'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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Yokogawa Electric Days Payable Chart

Yokogawa Electric Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.57 44.87 43.69 43.71 43.09

Yokogawa Electric 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 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 33.75 45.16 37.58 37.08 34.88

Competitive Comparison of Yokogawa Electric's Days Payable

For the Specialty Industrial Machinery subindustry, Yokogawa Electric'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.


Yokogawa Electric's Days Payable Distribution in the Industrial Products Industry

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

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



Yokogawa Electric 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.

Yokogawa Electric'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
=( (218.197 + 195.387) / 2 ) / 1751.72*365
=206.792 / 1751.72*365
=43.09

Yokogawa Electric'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
=( (185.778 + 177.208) / 2 ) / 446.579*365 / 4
=181.493 / 446.579*365 / 4
=37.08

* 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.


Yokogawa Electric Days Payable Related Terms

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Yokogawa Electric (FRA:YKE) Business Description

Traded in Other Exchanges
Address
2-9-32 Nakacho, Musashino-shi, Tokyo, JPN, 180-8750
Yokogawa Electric Corporation offers systems and solutions for measurement, control, and information technologies. Software, data acquisition instruments, field instruments, and other components compose a diverse product portfolio and allow the company to reach various customers involved in different end-markets. Essentially, the company helps link plant operations and corporate management. It has three business segments: industrial automation (majority of total revenue), control, test and measurement, and aviation and other businesses. In addition to its product offerings, Yokogawa offers consulting and execution services to supply customers with resources to make timely operating decisions. The majority of sales derive from Asia, with Japan being a key region for the company.

Yokogawa Electric (FRA:YKE) Headlines

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