Sansha Electric Manufacturing Co (TSE:6882) Days Payable : 64.67 (As of Dec. 2023)

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What is Sansha Electric Manufacturing Co Days Payable?

Sansha Electric Manufacturing Co's average Accounts Payable for the three months ended in Dec. 2023 was 円4,467 Mil. Sansha Electric Manufacturing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円6,303 Mil. Hence, Sansha Electric Manufacturing Co's Days Payable for the three months ended in Dec. 2023 was 64.67.

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

TSE:6882' s Days Payable Range Over the Past 10 Years
Min: 44.4 Med: 66.75 Max: 125.57
Current: 69.39

During the past 13 years, Sansha Electric Manufacturing Co's highest Days Payable was 125.57. The lowest was 44.40. And the median was 66.75.

TSE:6882's Days Payable is ranked worse than
55.87% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs TSE:6882: 69.39

Sansha Electric Manufacturing Co's Days Payable declined from Dec. 2022 (69.67) to Dec. 2023 (64.67). It may suggest that Sansha Electric Manufacturing Co accelerated paying its suppliers.

Sansha Electric Manufacturing Co Days Payable Historical Data

The historical data trend for Sansha Electric Manufacturing 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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Sansha Electric Manufacturing Co Days Payable Chart

Sansha Electric Manufacturing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

85.67

71.24

55.11

60.28

62.06

Sansha Electric Manufacturing 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															69.67	64.88	71.56	73.68	64.67

Competitive Comparison of Sansha Electric Manufacturing Co's Days Payable

For the Electrical Equipment & Parts subindustry, Sansha Electric Manufacturing 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.

Sansha Electric Manufacturing Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sansha Electric Manufacturing Co's Days Payable falls into.

Sansha Electric Manufacturing 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.

Sansha Electric Manufacturing 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
=	( (3470	+	3875)	/	2 )	/	21600	*	365
=	3672.5					/	21600	*	365
=	62.06

Sansha Electric Manufacturing 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
=	( (4390	+	4544)	/	2 )	/	6303	*	365 / 4
=	4467					/	6303	*	365 / 4
=	64.67

Sansha Electric Manufacturing Co Days Payable Related Terms

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Sansha Electric Manufacturing Co (TSE:6882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sansha Electric Manufacturing Co Ltd (TSE:6882) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1-56, Nishiawaji, Higashiyodogawa-ku, Osaka, JPN, 533-0031

Website

https://www.sansha.co.jp

Sansha Electric Manufacturing Co Ltd is engaged in manufacturing and sale of electric equipment, semiconductor and its applied equipment, medical equipment, installation of machinery and equipment, electric wiring and piping. The company's product offerings include Triac, Thyristor, Soft recovery diode, SBD, Fast recovery diode, and others.

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