Denso (DNZOF) Days Payable : 71.24 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Denso Days Payable?

Denso's average Accounts Payable for the three months ended in Dec. 2023 was $8,366 Mil. Denso's Cost of Goods Sold for the three months ended in Dec. 2023 was $10,715 Mil. Hence, Denso's Days Payable for the three months ended in Dec. 2023 was 71.24.

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

DNZOF' s Days Payable Range Over the Past 10 Years
Min: 72.81 Med: 79.68 Max: 83.07
Current: 72.81

During the past 13 years, Denso's highest Days Payable was 83.07. The lowest was 72.81. And the median was 79.68.

DNZOF's Days Payable is ranked better than
55.51% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs DNZOF: 72.81

Denso's Days Payable declined from Dec. 2022 (71.63) to Dec. 2023 (71.24). It may suggest that Denso accelerated paying its suppliers.

Denso Days Payable Historical Data

The historical data trend for Denso'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.

Denso Days Payable Chart

Denso Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

76.80

74.34

81.74

86.64

82.92

Denso 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															71.63	70.47	78.86	77.50	71.24

Competitive Comparison of Denso's Days Payable

For the Auto Parts subindustry, Denso'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.

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

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

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

Denso 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.

Denso'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
=	( (9541.236	+	9122.234)	/	2 )	/	41074.364	*	365
=	9331.735					/	41074.364	*	365
=	82.92

Denso'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
=	( (8503.575	+	8228.71)	/	2 )	/	10715.405	*	365 / 4
=	8366.1425					/	10715.405	*	365 / 4
=	71.24

Denso Days Payable Related Terms

Thank you for viewing the detailed overview of Denso's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Denso (DNZOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Denso Corp (OTCPK:DNZOF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DNZOY:USA 6902:Japan DNO:Germany

Address

1-1 Showa-cho, Kariya, JPN, 448-8661

Website

http://www.denso.co.jp

Denso manufactures automotive components and systems, as well as other industrial products and home appliances. The company was founded in 1949 as a result of becoming independent from Toyota Motor, which is currently the largest shareholder with 24.75% ownership. Its main businesses are powertrain control systems, thermal systems, electrification systems, mobility systems, and sensors/semiconductor systems for mainly hybrid, internal combustion engine, battery electric, and fuel cell vehicles. The company operates globally and is headquartered in Kariya, Japan.