Sanshin Electronics Co (Sanshin Electronics Co) Days Payable : 40.56 (As of Dec. 2023)

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What is Sanshin Electronics Co Days Payable?

Sanshin Electronics Co's average Accounts Payable for the three months ended in Dec. 2023 was $94 Mil. Sanshin Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $212 Mil. Hence, Sanshin Electronics Co's Days Payable for the three months ended in Dec. 2023 was 40.56.

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

SSNEF' s Days Payable Range Over the Past 10 Years
Min: 35.83 Med: 45.65 Max: 53.03
Current: 40.1

During the past 13 years, Sanshin Electronics Co's highest Days Payable was 53.03. The lowest was 35.83. And the median was 45.65.

SSNEF's Days Payable is ranked worse than
63.11% of 965 companies
in the Semiconductors industry
Industry Median: 51.8 vs SSNEF: 40.10

Sanshin Electronics Co's Days Payable increased from Dec. 2022 (38.03) to Dec. 2023 (40.56). It may suggest that Sanshin Electronics Co delayed paying its suppliers.

Sanshin Electronics Co Days Payable Historical Data

The historical data trend for Sanshin Electronics 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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Sanshin Electronics Co Days Payable Chart

Sanshin Electronics Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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46.60

52.08

48.93

47.68

38.15

Sanshin Electronics 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															38.03	40.32	45.98	40.57	40.56

Competitive Comparison of Sanshin Electronics Co's Days Payable

For the Semiconductors subindustry, Sanshin Electronics 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.

Sanshin Electronics Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanshin Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sanshin Electronics Co's Days Payable falls into.

Sanshin Electronics 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.

Sanshin Electronics Co'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
=	( (121.903	+	103.678)	/	2 )	/	1079.054	*	365
=	112.7905					/	1079.054	*	365
=	38.15

Sanshin Electronics 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
=	( (114.688	+	74.065)	/	2 )	/	212.346	*	365 / 4
=	94.3765					/	212.346	*	365 / 4
=	40.56

Sanshin Electronics Co Days Payable Related Terms

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Sanshin Electronics Co (Sanshin Electronics Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sanshin Electronics Co Ltd (OTCPK:SSNEF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8150:Japan

Address

4-4-12 Shiba, Minato-ku, Tokyo, JPN, 108-8404

Website

http://www.sanshin.co.jp

Sanshin Electronics Co Ltd is a Japanese based electronics trading company. It operates in two business divisions including device business and solution business. Its device business is engaged in the sales of semiconductors and electronic components for automobile, information and communications, toys and games, and social infrastructure and manufacturing industries. In solution business, it offers IT (information technology) infrastructure solution, application services, video solutions, support, and services. The company has a nationwide network in Japan, Thailand, Malaysia, Singapore, Taiwan, Hong Kong, Irvine, and Shenzhen.

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