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KYB (TSE:7242) Days Payable : 86.05 (As of Mar. 2024)


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What is KYB Days Payable?

KYB's average Accounts Payable for the three months ended in Mar. 2024 was 円84,882 Mil. KYB's Cost of Goods Sold for the three months ended in Mar. 2024 was 円90,013 Mil. Hence, KYB's Days Payable for the three months ended in Mar. 2024 was 86.05.

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

TSE:7242' s Days Payable Range Over the Past 10 Years
Min: 85.23   Med: 89.79   Max: 98.23
Current: 85.23

During the past 13 years, KYB's highest Days Payable was 98.23. The lowest was 85.23. And the median was 89.79.

TSE:7242's Days Payable is ranked better than
65.37% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs TSE:7242: 85.23

KYB's Days Payable increased from Mar. 2023 (84.36) to Mar. 2024 (86.05). It may suggest that KYB delayed paying its suppliers.


KYB Days Payable Historical Data

The historical data trend for KYB'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.

KYB Days Payable Chart

KYB Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.24 98.23 92.06 87.49 85.62

KYB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.36 86.88 83.42 84.27 86.05

Competitive Comparison of KYB's Days Payable

For the Auto Parts subindustry, KYB'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.


KYB's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, KYB's Days Payable distribution charts can be found below:

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



KYB 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.

KYB's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (84114 + 85477) / 2 ) / 361496*365
=84795.5 / 361496*365
=85.62

KYB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (84286 + 85477) / 2 ) / 90013*365 / 4
=84881.5 / 90013*365 / 4
=86.05

* 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.


KYB Days Payable Related Terms

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KYB (TSE:7242) Business Description

Traded in Other Exchanges
Address
World Trade Center Building, 11th Floor, 4-1, Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 105-6111
KYB Corp is a Japanese automobile equipment manufacturer. The company products are divided into three branches hydraulic components (HC), automotive components (AC) and others. Through its operating segments, it provides various products such as shock absorber, suspension system, power steering, motion simulators, front fork and oil cushion unit, tunnel borers, vane pump and electronic parts. It also provides concrete mixer trucks, granule carriers, chipping vehicle and special function vehicles. The majority of the sales are accounted from the AC and HC products.

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