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Saftec Co (TSE:7464) Days Payable : 65.74 (As of Dec. 2023)


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What is Saftec Co Days Payable?

Saftec Co's average Accounts Payable for the three months ended in Dec. 2023 was 円1,061 Mil. Saftec Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,473 Mil. Hence, Saftec Co's Days Payable for the three months ended in Dec. 2023 was 65.74.

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

TSE:7464' s Days Payable Range Over the Past 10 Years
Min: 69.28   Med: 77   Max: 79.47
Current: 71.65

During the past 13 years, Saftec Co's highest Days Payable was 79.47. The lowest was 69.28. And the median was 77.00.

TSE:7464's Days Payable is ranked better than
65.18% of 922 companies
in the Business Services industry
Industry Median: 47.74 vs TSE:7464: 71.65

Saftec Co's Days Payable declined from Dec. 2022 (72.10) to Dec. 2023 (65.74). It may suggest that Saftec Co accelerated paying its suppliers.


Saftec Co Days Payable Historical Data

The historical data trend for Saftec 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.

Saftec Co Days Payable Chart

Saftec Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.08 73.72 73.09 70.26 69.28

Saftec 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 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 72.10 82.66 67.26 69.43 65.74

Competitive Comparison of Saftec Co's Days Payable

For the Security & Protection Services subindustry, Saftec 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.


Saftec Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Saftec Co's Days Payable distribution charts can be found below:

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



Saftec 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.

Saftec 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
=( (944.449 + 969.21) / 2 ) / 5040.894*365
=956.8295 / 5040.894*365
=69.28

Saftec 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
=( (1032.447 + 1090.479) / 2 ) / 1473.448*365 / 4
=1061.463 / 1473.448*365 / 4
=65.74

* 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.


Saftec Co Days Payable Related Terms

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Saftec Co (TSE:7464) Business Description

Traded in Other Exchanges
N/A
Address
5-25-14 Hongo, Bunkyo-ku, Tokyo Hongo TH Building, Tokyo, JPN, 113-0033
Saftec Co Ltd is engaged in manufacturing and sales of red warning light supply contract and warning light, contracting and construction of road sign installation work. It also manufactures and sale of various security tools, Road lane marking construction work construction, Lease, repair, and maintenance of various security tools.

Saftec Co (TSE:7464) Headlines

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