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Wacom Co (Wacom Co) Days Payable : 59.39 (As of Dec. 2023)


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What is Wacom Co Days Payable?

Wacom Co's average Accounts Payable for the three months ended in Dec. 2023 was $102.8 Mil. Wacom Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $157.9 Mil. Hence, Wacom Co's Days Payable for the three months ended in Dec. 2023 was 59.39.

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

WACMF' s Days Payable Range Over the Past 10 Years
Min: 37.2   Med: 54.91   Max: 79.65
Current: 56.34

During the past 13 years, Wacom Co's highest Days Payable was 79.65. The lowest was 37.20. And the median was 54.91.

WACMF's Days Payable is ranked worse than
61.47% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs WACMF: 56.34

Wacom Co's Days Payable declined from Dec. 2022 (59.90) to Dec. 2023 (59.39). It may suggest that Wacom Co accelerated paying its suppliers.


Wacom Co Days Payable Historical Data

The historical data trend for Wacom 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.

Wacom Co Days Payable Chart

Wacom 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 39.62 36.68 47.76 65.90 56.88

Wacom 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 59.90 43.18 68.25 56.86 59.39

Competitive Comparison of Wacom Co's Days Payable

For the Computer Hardware subindustry, Wacom 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.


Wacom Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wacom Co's Days Payable distribution charts can be found below:

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



Wacom 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.

Wacom 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
=( (110.572 + 79.59) / 2 ) / 610.157*365
=95.081 / 610.157*365
=56.88

Wacom 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
=( (95.954 + 109.595) / 2 ) / 157.907*365 / 4
=102.7745 / 157.907*365 / 4
=59.39

* 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.


Wacom Co Days Payable Related Terms

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Wacom Co (Wacom Co) Business Description

Traded in Other Exchanges
Address
2-510-1 Toyonodai, Kazo-shi, Saitama, JPN, 349-1148
Wacom Co Ltd is a Japan-based manufacturer of display products. The firm's operations are organized in three segments--the brands segment, which develops, manufactures, and distributes graphic design tablets used to produce film, animation, and photographs; the components segment, which sells components and modules for smartphones and tablets; and the others segment, which develops and sells computer-aided design products. The firm has operations in the United States, Europe, China, India, Taiwan, Hong Kong, and Australia.