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Shin-Etsu Chemical Co Days Payable

: 40.95 (As of Dec. 2020)
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Shin-Etsu Chemical Co's average Accounts Payable for the three months ended in Dec. 2020 was $1,047 Mil. Shin-Etsu Chemical Co's Cost of Goods Sold for the three months ended in Dec. 2020 was $2,334 Mil. Hence, Shin-Etsu Chemical Co's Days Payable for the three months ended in Dec. 2020 was 40.95.

OTCPK:SHECF' s Days Payable Range Over the Past 10 Years
Min: 43.77   Med: 49.56   Max: 59.5
Current: 46.5
43.77
59.5

During the past 13 years, Shin-Etsu Chemical Co's highest Days Payable was 59.50. The lowest was 43.77. And the median was 49.56.

OTCPK:SHECF's Days Payable is ranked lower than
64% of the 1323 Companies
in the Chemicals industry.

( Industry Median: 59.53 vs. OTCPK:SHECF: 46.50 )

Shin-Etsu Chemical Co's Days Payable declined from Dec. 2019 (48.69) to Dec. 2020 (40.95). It may suggest that Shin-Etsu Chemical Co accelerated paying its suppliers.

Shin-Etsu Chemical Co Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Shin-Etsu Chemical Co Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.89 50.30 47.97 49.91 50.45

Shin-Etsu Chemical Co Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 48.69 49.00 49.33 44.53 40.95
Competitive Comparison
* 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.

Shin-Etsu Chemical Co Days Payable Distribution

* The bar in red indicates where Shin-Etsu Chemical Co's Days Payable falls into.


Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co's Days Payable for the fiscal year that ended in Mar. 2020 is calculated as

Days Payable (A: Mar. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2019 ) + Accounts Payable (A: Mar. 2020 )) / count ) / Cost of Goods Sold (A: Mar. 2020 )*Days in Period
=( (1268.8639903261 + 1267.2557034494) / 2 ) / 9174.3918534225*365
=1268.0598468878 / 9174.3918534225*365
=50.45

Shin-Etsu Chemical Co's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (989.52542404985 + 1105.4557436182) / 2 ) / 2334.3757707486*365 / 4
=1047.490583834 / 2334.3757707486*365 / 4
=40.95

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

Shin-Etsu Chemical Co Days Payable Related Terms

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