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Sakata Seed (TSE:1377) Days Payable : 83.52 (As of Feb. 2024)


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What is Sakata Seed Days Payable?

Sakata Seed's average Accounts Payable for the three months ended in Feb. 2024 was 円5,807 Mil. Sakata Seed's Cost of Goods Sold for the three months ended in Feb. 2024 was 円6,344 Mil. Hence, Sakata Seed's Days Payable for the three months ended in Feb. 2024 was 83.52.

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

TSE:1377' s Days Payable Range Over the Past 10 Years
Min: 38.71   Med: 60.06   Max: 64.9
Current: 63.43

During the past 13 years, Sakata Seed's highest Days Payable was 64.90. The lowest was 38.71. And the median was 60.06.

TSE:1377's Days Payable is ranked better than
66.78% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.055 vs TSE:1377: 63.43

Sakata Seed's Days Payable declined from Feb. 2023 (87.52) to Feb. 2024 (83.52). It may suggest that Sakata Seed accelerated paying its suppliers.


Sakata Seed Days Payable Historical Data

The historical data trend for Sakata Seed'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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Sakata Seed Days Payable Chart

Sakata Seed Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.18 64.90 58.93 63.29 64.69

Sakata Seed Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 87.52 54.09 63.92 51.61 83.52

Competitive Comparison of Sakata Seed's Days Payable

For the Farm Products subindustry, Sakata Seed'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.


Sakata Seed's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Sakata Seed's Days Payable falls into.



Sakata Seed 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.

Sakata Seed's Days Payable for the fiscal year that ended in May. 2023 is calculated as

Days Payable (A: May. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2022 ) + Accounts Payable (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (5208 + 5336) / 2 ) / 29744*365
=5272 / 29744*365
=64.69

Sakata Seed's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (4812 + 6801) / 2 ) / 6344*365 / 4
=5806.5 / 6344*365 / 4
=83.52

* 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.


Sakata Seed Days Payable Related Terms

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Sakata Seed (TSE:1377) Business Description

Traded in Other Exchanges
N/A
Address
2-7-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-0041
Sakata Seed Corporation produces and sells multiple flower and vegetable seeds and various gardening materials. The company has locations all over the globe and sells the seeds to distributors and other producers. Gardening materials may be sold through home improvement retailers, mail-order sales, and garden shops. Additionally, Sakata Seed provides miscellaneous activities, such as landscaping, temporary staffing, and other activities associated with cultivating land. It invests in research and development to monitor breeding and develop new seed varieties and has enhanced revenue by entering into contracts to construct greenhouse and agricultural facilities.

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