Optoelectronics Co (TSE:6664) Days Payable : 59.15 (As of Feb. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Optoelectronics Co Days Payable?

Optoelectronics Co's average Accounts Payable for the three months ended in Feb. 2024 was 円560 Mil. Optoelectronics Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円864 Mil. Hence, Optoelectronics Co's Days Payable for the three months ended in Feb. 2024 was 59.15.

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

TSE:6664' s Days Payable Range Over the Past 10 Years
Min: 54 Med: 69.71 Max: 89.03
Current: 72.76

During the past 13 years, Optoelectronics Co's highest Days Payable was 89.03. The lowest was 54.00. And the median was 69.71.

TSE:6664's Days Payable is ranked better than
53.86% of 2421 companies
in the Hardware industry
Industry Median: 67.77 vs TSE:6664: 72.76

Optoelectronics Co's Days Payable declined from Feb. 2023 (115.22) to Feb. 2024 (59.15). It may suggest that Optoelectronics Co accelerated paying its suppliers.

Optoelectronics Co Days Payable Historical Data

The historical data trend for Optoelectronics 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.

* Premium members only.

Optoelectronics Co Days Payable Chart

Optoelectronics Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

Get a 7-Day Free Trial

61.63

74.26

54.00

71.90

85.38

Optoelectronics Co 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															115.22	81.49	84.64	70.35	59.15

Competitive Comparison of Optoelectronics Co's Days Payable

For the Scientific & Technical Instruments subindustry, Optoelectronics 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.

Optoelectronics Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optoelectronics Co's Days Payable distribution charts can be found below:

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

Optoelectronics 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.

Optoelectronics Co's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (1230.593	+	652.422)	/	2 )	/	4024.759	*	365
=	941.5075					/	4024.759	*	365
=	85.38

Optoelectronics Co'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
=	( (652.422	+	467.837)	/	2 )	/	864.154	*	365 / 4
=	560.1295					/	864.154	*	365 / 4
=	59.15

Optoelectronics Co Days Payable Related Terms

Thank you for viewing the detailed overview of Optoelectronics Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Optoelectronics Co (TSE:6664) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optoelectronics Co Ltd (TSE:6664) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 12-17, Tsukagoshi Tsukagoe, Saitama, JPN, 335-0002

Website

http://www.opto.co.jp

Optoelectronics Co Ltd is engaged in developing, manufacturing, and selling automatic recognition devices in Japan, the United States, and Europe. The company offers modules, handy scanners, data collectors, handy terminals, smartphone handy terminals, desktop and stationary scanners, and electronic shelf label systems, as well as laser/CCD type barcode and imager scanners.

Optoelectronics Co (TSE:6664) Headlines

No Headlines