Eiken Industries Co (TSE:7265) Days Payable : 23.43 (As of Jan. 2024)

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What is Eiken Industries Co Days Payable?

Eiken Industries Co's average Accounts Payable for the three months ended in Jan. 2024 was 円385 Mil. Eiken Industries Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円1,500 Mil. Hence, Eiken Industries Co's Days Payable for the three months ended in Jan. 2024 was 23.43.

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

TSE:7265' s Days Payable Range Over the Past 10 Years
Min: 19.59 Med: 22.68 Max: 28.46
Current: 23.53

During the past 13 years, Eiken Industries Co's highest Days Payable was 28.46. The lowest was 19.59. And the median was 22.68.

TSE:7265's Days Payable is ranked worse than
93.01% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs TSE:7265: 23.53

Eiken Industries Co's Days Payable declined from Jan. 2023 (23.75) to Jan. 2024 (23.43). It may suggest that Eiken Industries Co accelerated paying its suppliers.

Eiken Industries Co Days Payable Historical Data

The historical data trend for Eiken Industries 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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Eiken Industries Co Days Payable Chart

Eiken Industries Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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20.58

22.52

20.48

22.74

23.52

Eiken Industries Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															23.75	23.25	24.07	21.78	23.43

Competitive Comparison of Eiken Industries Co's Days Payable

For the Pollution & Treatment Controls subindustry, Eiken Industries 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.

Eiken Industries Co's Days Payable Distribution in the Industrial Products Industry

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

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

Eiken Industries 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.

Eiken Industries Co's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (394.825	+	372.572)	/	2 )	/	5954.954	*	365
=	383.6985					/	5954.954	*	365
=	23.52

Eiken Industries Co's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (372.572	+	397.973)	/	2 )	/	1500.233	*	365 / 4
=	385.2725					/	1500.233	*	365 / 4
=	23.43

Eiken Industries Co Days Payable Related Terms

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Eiken Industries Co (TSE:7265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eiken Industries Co Ltd (TSE:7265) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1370 Kadoya, Omaezaki-shi, Shizuoka, JPN, 437-1698

Website

http://www.eiken-kk.co.jp

Eiken Industries Co Ltd is a Japan based company filtration equipment manufacturer. It is engaged in manufacturing filers for internal combustion engines and special filters for industrial use. The products offered by the company include oil filter, air filter, fuel filter, cabin filter and burners.

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