Shibaura Machine Co (Shibaura Machine Co) Days Payable : 197.48 (As of Dec. 2023)

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What is Shibaura Machine Co Days Payable?

Shibaura Machine Co's average Accounts Payable for the three months ended in Dec. 2023 was $275 Mil. Shibaura Machine Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $127 Mil. Hence, Shibaura Machine Co's Days Payable for the three months ended in Dec. 2023 was 197.48.

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

TSHMF' s Days Payable Range Over the Past 10 Years
Min: 100.25 Med: 111.26 Max: 142.4
Current: 142.4

During the past 13 years, Shibaura Machine Co's highest Days Payable was 142.40. The lowest was 100.25. And the median was 111.26.

TSHMF's Days Payable is ranked better than
75.67% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs TSHMF: 142.40

Shibaura Machine Co's Days Payable increased from Dec. 2022 (136.95) to Dec. 2023 (197.48). It may suggest that Shibaura Machine Co delayed paying its suppliers.

Shibaura Machine Co Days Payable Historical Data

The historical data trend for Shibaura Machine 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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Shibaura Machine Co Days Payable Chart

Shibaura Machine Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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128.47

106.48

105.34

104.13

136.88

Shibaura Machine 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															136.95	133.33	151.41	120.93	197.48

Competitive Comparison of Shibaura Machine Co's Days Payable

For the Specialty Industrial Machinery subindustry, Shibaura Machine 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.

Shibaura Machine Co's Days Payable Distribution in the Industrial Products Industry

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

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

Shibaura Machine 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.

Shibaura Machine 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
=	( (200.114	+	273.401)	/	2 )	/	631.343	*	365
=	236.7575					/	631.343	*	365
=	136.88

Shibaura Machine 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
=	( (281.951	+	269)	/	2 )	/	127.287	*	365 / 4
=	275.4755					/	127.287	*	365 / 4
=	197.48

Shibaura Machine Co Days Payable Related Terms

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Shibaura Machine Co (Shibaura Machine Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shibaura Machine Co Ltd (OTCPK:TSHMF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6104:Japan TOA:Germany

Address

2068-3 Ooka, Shizuoka Prefecture, Numazu, JPN, 410-8510

Website

http://www.toshiba-machine.co.jp

Shibaura Machine is engaged in manufacturing and distribution of molding machineries and machine tools. The business of the company is divided into two segments: molding machinery and machine tools. The company's product portfolio comprises injection molding machines, die-casting machines, plastic extrusion, large-size machine tools, portal-type machine tools, machining centers, horizontal boring machines, and high-precision machines, among others. The company's products are used in manufacturing of computers, automobile engines, transmissions, medical products, high-precision lenses, displays, construction machines, and wind power generation. A vast majority of the company's revenue is generated by the molding machinery segment, and the company earns most of its revenue in Japan.

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