Tsuzuki Denki Co (TSE:8157) Days Payable : 52.67 (As of Dec. 2023)

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What is Tsuzuki Denki Co Days Payable?

Tsuzuki Denki Co's average Accounts Payable for the three months ended in Dec. 2023 was 円14,777 Mil. Tsuzuki Denki Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円25,599 Mil. Hence, Tsuzuki Denki Co's Days Payable for the three months ended in Dec. 2023 was 52.67.

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

TSE:8157' s Days Payable Range Over the Past 10 Years
Min: 52.02 Med: 68.94 Max: 76.92
Current: 52.02

During the past 13 years, Tsuzuki Denki Co's highest Days Payable was 76.92. The lowest was 52.02. And the median was 68.94.

TSE:8157's Days Payable is ranked worse than
56.12% of 474 companies
in the Conglomerates industry
Industry Median: 59.465 vs TSE:8157: 52.02

Tsuzuki Denki Co's Days Payable declined from Dec. 2022 (64.94) to Dec. 2023 (52.67). It may suggest that Tsuzuki Denki Co accelerated paying its suppliers.

Tsuzuki Denki Co Days Payable Historical Data

The historical data trend for Tsuzuki Denki 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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Tsuzuki Denki Co Days Payable Chart

Tsuzuki Denki Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

65.07

62.48

58.79

59.39

52.76

Tsuzuki Denki Co 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															47.93	59.58	50.95	52.67	44.82

Competitive Comparison of Tsuzuki Denki Co's Days Payable

For the Conglomerates subindustry, Tsuzuki Denki 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.

Tsuzuki Denki Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tsuzuki Denki Co's Days Payable distribution charts can be found below:

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

Tsuzuki Denki 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.

Tsuzuki Denki Co'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
=	( (17144	+	11637)	/	2 )	/	99548	*	365
=	14390.5					/	99548	*	365
=	52.76

Tsuzuki Denki 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
=	( (16788	+	12766)	/	2 )	/	25599	*	365 / 4
=	14777					/	25599	*	365 / 4
=	52.67

Tsuzuki Denki Co Days Payable Related Terms

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Tsuzuki Denki Co (TSE:8157) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tsuzuki Denki Co Ltd (TSE:8157) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Art Club Building, 6-19-15 Shinbashi, Minato-ku, Tokyo, JPN, 105-8665

Website

http://www.tsuzuki.co.jp

Tsuzuki Denki Co Ltd engages in provision of information network system solution services. Its electronic devices comprise logic ICs, memory ICs, discrete semiconductors, compound semiconductors, relays, connectors, mouse, display panels, circuit boards, communication modules, and other components. The company's information equipment includes hard disks, PC/servers, printers, and other electronic devices; computer supplies, such as toners, ink ribbons, papers, and data media; computer-related products consisting of PC peripherals and network equipment; stationary/office supplies; and office solutions comprising interior design/construction. The company serves customers in the fields of manufacturing, distribution and services, medical and welfare, public and education, and financial.

Tsuzuki Denki Co (TSE:8157) Headlines

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