Sasakura Engineering Co (TSE:6303) Days Payable : 94.31 (As of Sep. 2022)

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What is Sasakura Engineering Co Days Payable?

Sasakura Engineering Co's average Accounts Payable for the three months ended in Sep. 2022 was 円1,572 Mil. Sasakura Engineering Co's Cost of Goods Sold for the three months ended in Sep. 2022 was 円1,521 Mil. Hence, Sasakura Engineering Co's Days Payable for the three months ended in Sep. 2022 was 94.31.

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

TSE:6303's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.41
* Ranked among companies with meaningful Days Payable only.

Sasakura Engineering Co's Days Payable increased from Sep. 2021 (57.14) to Sep. 2022 (94.31). It may suggest that Sasakura Engineering Co delayed paying its suppliers.

Sasakura Engineering Co Days Payable Historical Data

The historical data trend for Sasakura Engineering 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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Sasakura Engineering Co Days Payable Chart

Sasakura Engineering Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Payable

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61.41

41.78

109.89

77.58

76.09

Sasakura Engineering Co Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial															57.14	77.83	63.05	78.18	94.31

Competitive Comparison of Sasakura Engineering Co's Days Payable

For the Specialty Industrial Machinery subindustry, Sasakura Engineering 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.

Sasakura Engineering Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sasakura Engineering Co's Days Payable falls into.

Sasakura Engineering 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.

Sasakura Engineering Co's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

	Days Payable (A: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (1610	+	1394)	/	2 )	/	7205	*	365
=	1502					/	7205	*	365
=	76.09

Sasakura Engineering Co's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (1490	+	1654)	/	2 )	/	1521	*	365 / 4
=	1572					/	1521	*	365 / 4
=	94.31

Sasakura Engineering Co Days Payable Related Terms

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Sasakura Engineering Co (TSE:6303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sasakura Engineering Co Ltd (TSE:6303) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-32 Takejima 4-chome, Nishiyodogawa-ku, Osaka, JPN, 555-0011

Website

http://www.sasakura.co.jp

Sasakura Engineering Co., Ltd is engaged in research and development of marine equipment, desalination plants, air-cooled heat exchangers and other environmental protection devices.

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