Shikoku Kasei Holdings (TSE:4099) Days Payable : 76.12 (As of Dec. 2023)

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What is Shikoku Kasei Holdings Days Payable?

Shikoku Kasei Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円8,685 Mil. Shikoku Kasei Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円10,411 Mil. Hence, Shikoku Kasei Holdings's Days Payable for the three months ended in Dec. 2023 was 76.12.

The historical rank and industry rank for Shikoku Kasei Holdings's Days Payable or its related term are showing as below:

TSE:4099' s Days Payable Range Over the Past 10 Years
Min: 71.95 Med: 91.74 Max: 104.4
Current: 71.95

During the past 13 years, Shikoku Kasei Holdings's highest Days Payable was 104.40. The lowest was 71.95. And the median was 91.74.

TSE:4099's Days Payable is ranked better than
60.23% of 1501 companies
in the Chemicals industry
Industry Median: 60.45 vs TSE:4099: 71.95

Shikoku Kasei Holdings's Days Payable increased from Dec. 2022 (70.89) to Dec. 2023 (76.12). It may suggest that Shikoku Kasei Holdings delayed paying its suppliers.

Shikoku Kasei Holdings Days Payable Historical Data

The historical data trend for Shikoku Kasei Holdings'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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Shikoku Kasei Holdings Days Payable Chart

Shikoku Kasei Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Days Payable

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93.32

89.58

81.22

84.93

78.29

Shikoku Kasei Holdings 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															85.05	68.74	73.66	76.12	77.77

Competitive Comparison of Shikoku Kasei Holdings's Days Payable

For the Specialty Chemicals subindustry, Shikoku Kasei Holdings'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.

Shikoku Kasei Holdings's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shikoku Kasei Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Shikoku Kasei Holdings's Days Payable falls into.

Shikoku Kasei Holdings 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.

Shikoku Kasei Holdings'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: Mar. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (7993	+	8940)	/	2 )	/	39474	*	365
=	8466.5					/	39474	*	365
=	78.29

Shikoku Kasei Holdings'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
=	( (8430	+	8940)	/	2 )	/	10411	*	365 / 4
=	8685					/	10411	*	365 / 4
=	76.12

Shikoku Kasei Holdings Days Payable Related Terms

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Shikoku Kasei Holdings (TSE:4099) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shikoku Kasei Holdings Corp (TSE:4099) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-537-1 Dokicho-Higashi, Marugame-shi, Kagawa-ken, JPN, 763-8504

Website

http://www.shikoku.co.jp

Shikoku Kasei Holdings Corp is engaged in the chemicals and building material business. The chemicals are used in various things and places such as automobiles, smartphones, and pools. The building material products add color to living spaces, such as painted walls, garage front doors, and archways for public facilities.

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