Asahi Kasei (Asahi Kasei) Days Payable

: 35.78 (As of Dec. 2023)

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Asahi Kasei's average Accounts Payable for the three months ended in Dec. 2023 was $1,376 Mil. Asahi Kasei's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,509 Mil. Hence, Asahi Kasei's Days Payable for the three months ended in Dec. 2023 was 35.78.

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

AHKSY' s Days Payable Range Over the Past 10 Years
Min: 33.52 Med: 38.56 Max: 43.8
Current: 34.99

During the past 13 years, Asahi Kasei's highest Days Payable was 43.80. The lowest was 33.52. And the median was 38.56.

AHKSY's Days Payable is ranked worse than
75.91% of 1503 companies
in the Chemicals industry
Industry Median: 61 vs AHKSY: 34.99

Asahi Kasei's Days Payable increased from Dec. 2022 (35.61) to Dec. 2023 (35.78). It may suggest that Asahi Kasei delayed paying its suppliers.

Asahi Kasei Days Payable Historical Data

The historical data trend for Asahi Kasei'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.

Asahi Kasei Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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44.35

37.82

35.15

35.94

35.64

Asahi Kasei 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															35.61	34.20	34.44	33.77	35.78

Competitive Comparison

For the Chemicals subindustry, Asahi Kasei'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.

Asahi Kasei Days Payable Distribution

For the Chemicals industry and Basic Materials sector, Asahi Kasei's Days Payable distribution charts can be found below:

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

Asahi Kasei 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.

Asahi Kasei'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
=	( (1501.905	+	1350.847)	/	2 )	/	14609.055	*	365
=	1426.376					/	14609.055	*	365
=	35.64

Asahi Kasei'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
=	( (1337.171	+	1414.848)	/	2 )	/	3508.882	*	365 / 4
=	1376.0095					/	3508.882	*	365 / 4
=	35.78

Asahi Kasei Days Payable Related Terms

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Asahi Kasei (Asahi Kasei) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asahi Kasei Corp (OTCPK:AHKSY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AHKSF:USA 3407:Japan ASAA:Germany

Address

1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-8101

Website

http://www.asahi-kasei.co.jp

Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.

Asahi Kasei (Asahi Kasei) Headlines

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