Hitachi Zosen (FRA:HZS) Days Payable : 33.21 (As of Dec. 2023)

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What is Hitachi Zosen Days Payable?

Hitachi Zosen's average Accounts Payable for the three months ended in Dec. 2023 was €262 Mil. Hitachi Zosen's Cost of Goods Sold for the three months ended in Dec. 2023 was €721 Mil. Hence, Hitachi Zosen's Days Payable for the three months ended in Dec. 2023 was 33.21.

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

FRA:HZS' s Days Payable Range Over the Past 10 Years
Min: 35.43 Med: 47.59 Max: 62.71
Current: 35.43

During the past 13 years, Hitachi Zosen's highest Days Payable was 62.71. The lowest was 35.43. And the median was 47.59.

FRA:HZS's Days Payable is ranked worse than
84.51% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs FRA:HZS: 35.43

Hitachi Zosen's Days Payable declined from Dec. 2022 (36.74) to Dec. 2023 (33.21). It may suggest that Hitachi Zosen accelerated paying its suppliers.

Hitachi Zosen Days Payable Historical Data

The historical data trend for Hitachi Zosen'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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Hitachi Zosen Days Payable Chart

Hitachi Zosen Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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50.19

48.62

48.70

46.21

47.78

Hitachi Zosen 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															36.74	31.76	49.59	33.95	33.21

Competitive Comparison of Hitachi Zosen's Days Payable

For the Pollution & Treatment Controls subindustry, Hitachi Zosen'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.

Hitachi Zosen's Days Payable Distribution in the Industrial Products Industry

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

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

Hitachi Zosen 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.

Hitachi Zosen'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
=	( (395.178	+	353.736)	/	2 )	/	2860.285	*	365
=	374.457					/	2860.285	*	365
=	47.78

Hitachi Zosen'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
=	( (253.585	+	270.989)	/	2 )	/	720.612	*	365 / 4
=	262.287					/	720.612	*	365 / 4
=	33.21

Hitachi Zosen Days Payable Related Terms

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Hitachi Zosen (FRA:HZS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hitachi Zosen Corp (FRA:HZS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7004:Japan

Address

7-89, Nanko-kita 1-chome, Suminoe-ku, Osaka, JPN, 559-8559

Website

http://www.hitachizosen.co.jp

Hitachi Zosen Corp is a Japan-based industrial and engineering company. It engaged in the business domains of Green Energy, Social Infrastructure, and disaster prevention. The Company operations are classified into four reportable segments. Environmental Systems and Industrial Plants Segment include the production of environmental protection systems, water treatment systems, desalination and potabilization plants and chemical plants. Machinery segment includes the production of marine diesel engines, boilers, SCR systems, process equipment amongst others. Infrastructure segment includes bridge construction, water gates, and shield tunneling machines. Operations in the other businesses segment include the transportation business and warehousing business.

Hitachi Zosen (FRA:HZS) Headlines

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