Morishita Jintan Co (TSE:4524) Days Payable : 82.89 (As of Dec. 2023)

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What is Morishita Jintan Co Days Payable?

Morishita Jintan Co's average Accounts Payable for the three months ended in Dec. 2023 was 円1,379 Mil. Morishita Jintan Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,518 Mil. Hence, Morishita Jintan Co's Days Payable for the three months ended in Dec. 2023 was 82.89.

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

TSE:4524' s Days Payable Range Over the Past 10 Years
Min: 61.65 Med: 70.57 Max: 89.86
Current: 78.93

During the past 13 years, Morishita Jintan Co's highest Days Payable was 89.86. The lowest was 61.65. And the median was 70.57.

TSE:4524's Days Payable is ranked worse than
54.87% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.08 vs TSE:4524: 78.93

Morishita Jintan Co's Days Payable increased from Dec. 2022 (68.47) to Dec. 2023 (82.89). It may suggest that Morishita Jintan Co delayed paying its suppliers.

Morishita Jintan Co Days Payable Historical Data

The historical data trend for Morishita Jintan 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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Morishita Jintan Co Days Payable Chart

Morishita Jintan Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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63.88

69.98

67.36

68.30

71.15

Morishita Jintan 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															68.47	72.70	82.27	81.85	82.89

Competitive Comparison of Morishita Jintan Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Morishita Jintan 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.

Morishita Jintan Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Morishita Jintan Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Morishita Jintan Co's Days Payable falls into.

Morishita Jintan 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.

Morishita Jintan 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
=	( (983	+	1375)	/	2 )	/	6048	*	365
=	1179					/	6048	*	365
=	71.15

Morishita Jintan 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
=	( (1380	+	1378)	/	2 )	/	1518	*	365 / 4
=	1379					/	1518	*	365 / 4
=	82.89

Morishita Jintan Co Days Payable Related Terms

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Morishita Jintan Co (TSE:4524) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Morishita Jintan Co Ltd (TSE:4524) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-40, Tamatsukuri, Chuo-Ku, Osaka-shi, Osaka, JPN, 540-8566

Website

http://www.jintan.co.jp

Morishita Jintan Co Ltd is engaged in the manufacturing and sale of pharmaceuticals, quasi-drugs, medical devices, and food. The company's product offerings include dietary supplements, food drinks, cosmetics, products for the medical institution, functional foods, and others.

Morishita Jintan Co (TSE:4524) Headlines

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