Panasonic Holdings (Panasonic Holdings) Days Payable : 70.66 (As of Dec. 2023)

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What is Panasonic Holdings Days Payable?

Panasonic Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $8,168 Mil. Panasonic Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $10,548 Mil. Hence, Panasonic Holdings's Days Payable for the three months ended in Dec. 2023 was 70.66.

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

PCRFF' s Days Payable Range Over the Past 10 Years
Min: 55.95 Med: 68.62 Max: 77.86
Current: 73.4

During the past 13 years, Panasonic Holdings's highest Days Payable was 77.86. The lowest was 55.95. And the median was 68.62.

PCRFF's Days Payable is ranked better than
54.53% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs PCRFF: 73.40

Panasonic Holdings's Days Payable declined from Dec. 2022 (71.35) to Dec. 2023 (70.66). It may suggest that Panasonic Holdings accelerated paying its suppliers.

Panasonic Holdings Days Payable Historical Data

The historical data trend for Panasonic Holdings'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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Panasonic Holdings Days Payable Chart

Panasonic Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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74.85

71.26

78.22

79.24

73.64

Panasonic Holdings 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															71.35	70.90	77.39	76.46	70.66

Competitive Comparison of Panasonic Holdings's Days Payable

For the Consumer Electronics subindustry, Panasonic Holdings'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.

Panasonic Holdings's Days Payable Distribution in the Hardware Industry

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

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

Panasonic Holdings 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.

Panasonic Holdings'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
=	( (9812.814	+	8655.333)	/	2 )	/	45767.599	*	365
=	9234.0735					/	45767.599	*	365
=	73.64

Panasonic Holdings'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
=	( (8168.548	+	8168.167)	/	2 )	/	10548.071	*	365 / 4
=	8168.3575					/	10548.071	*	365 / 4
=	70.66

Panasonic Holdings Days Payable Related Terms

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Panasonic Holdings (Panasonic Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Panasonic Holdings Corp (OTCPK:PCRFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PCRFY:USA 6752:Japan MAT1:Germany MAT1:Austria

Address

1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501

Website

https://holdings.panasonic

Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.