Daikin Industries (Daikin Industries) Days Payable

: 41.88 (As of Dec. 2023)

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Daikin Industries's average Accounts Payable for the three months ended in Dec. 2023 was $2,202 Mil. Daikin Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,798 Mil. Hence, Daikin Industries's Days Payable for the three months ended in Dec. 2023 was 41.88.

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

DKILF' s Days Payable Range Over the Past 10 Years
Min: 42.47 Med: 44.56 Max: 47.35
Current: 43.92

During the past 13 years, Daikin Industries's highest Days Payable was 47.35. The lowest was 42.47. And the median was 44.56.

DKILF's Days Payable is ranked worse than
75.47% of 1602 companies
in the Construction industry
Industry Median: 73.785 vs DKILF: 43.92

Daikin Industries's Days Payable declined from Dec. 2022 (47.58) to Dec. 2023 (41.88). It may suggest that Daikin Industries accelerated paying its suppliers.

Daikin Industries Days Payable Historical Data

The historical data trend for Daikin Industries'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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Daikin Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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44.98

42.52

47.20

49.21

47.78

Daikin Industries 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															47.58	46.57	47.25	43.78	41.88

Competitive Comparison

For the Building Products & Equipment subindustry, Daikin Industries'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.

Daikin Industries Days Payable Distribution

For the Construction industry and Industrials sector, Daikin Industries's Days Payable distribution charts can be found below:

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

Daikin Industries 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.

Daikin Industries'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
=	( (2552.097	+	2638.304)	/	2 )	/	19826.551	*	365
=	2595.2005					/	19826.551	*	365
=	47.78

Daikin Industries'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
=	( (2228.395	+	2176.287)	/	2 )	/	4798.22	*	365 / 4
=	2202.341					/	4798.22	*	365 / 4
=	41.88

Daikin Industries Days Payable Related Terms

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Daikin Industries (Daikin Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daikin Industries Ltd (OTCPK:DKILF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DKILY:USA 6367:Japan DKIA:Germany DKI:Austria

Address

Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323

Website

http://www.daikin.com

Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (Daikin Industries) Headlines

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