ASICS (ASCCF) Days Payable : 66.00 (As of Dec. 2023)

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

What is ASICS Days Payable?

ASICS's average Accounts Payable for the three months ended in Dec. 2023 was $277 Mil. ASICS's Cost of Goods Sold for the three months ended in Dec. 2023 was $383 Mil. Hence, ASICS's Days Payable for the three months ended in Dec. 2023 was 66.00.

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

ASCCF' s Days Payable Range Over the Past 10 Years
Min: 41.43 Med: 56.46 Max: 69.02
Current: 56.03

During the past 13 years, ASICS's highest Days Payable was 69.02. The lowest was 41.43. And the median was 56.46.

ASCCF's Days Payable is ranked worse than
50.29% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.48 vs ASCCF: 56.03

ASICS's Days Payable increased from Dec. 2022 (64.38) to Dec. 2023 (66.00). It may suggest that ASICS delayed paying its suppliers.

ASICS Days Payable Historical Data

The historical data trend for ASICS'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.

ASICS Days Payable Chart

ASICS Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

58.78

67.33

59.55

60.44

61.10

ASICS 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															64.38	50.83	59.94	49.67	66.00

Competitive Comparison of ASICS's Days Payable

For the Footwear & Accessories subindustry, ASICS'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.

ASICS's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's Days Payable distribution charts can be found below:

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

ASICS 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.

ASICS's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (331.098	+	305.046)	/	2 )	/	1900.015	*	365
=	318.072					/	1900.015	*	365
=	61.10

ASICS'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
=	( (248.416	+	305.046)	/	2 )	/	382.619	*	365 / 4
=	276.731					/	382.619	*	365 / 4
=	66.00

ASICS Days Payable Related Terms

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

ASICS (ASCCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » ASICS Corp (OTCPK:ASCCF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ASCCY:USA 7936:Japan ASI1:Germany

Address

1-1, Minatojima-Nakamachi 7-chome, Chuo-ku, Kobe, JPN, 650-8555

Website

http://www.asics.co.jp

ASICS Corp is a Japanese manufacturer and distributor of sporting goods. The company organises itself across three business domains: athletic sports, sports lifestyle, and health/comfort. Athletic sports provide equipment for running, Asics' core business; training; tennis; and rugby. Sports lifestyle includes fashion and lifestyle apparel and footwear. Health/comfort includes casual leather shoes, safety shoes, and nursing care facilities. The company reports results for three segments: sports shoes, sportswear, and sports equipment. The sports shoes segment contributes to the vast majority of consolidated revenue. Geographically, sales made domestically, across the Americas, and in EMEA contribute significantly to revenue, and collectively constitute the vast majority of sales.

ASICS (ASCCF) Headlines

No Headlines