Ajinomoto Co (TSE:2802) Days Payable

: 74.75 (As of Dec. 2023)

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Ajinomoto Co's average Accounts Payable for the three months ended in Dec. 2023 was 円196,438 Mil. Ajinomoto Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円239,792 Mil. Hence, Ajinomoto Co's Days Payable for the three months ended in Dec. 2023 was 74.75.

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

TSE:2802' s Days Payable Range Over the Past 10 Years
Min: 61.34 Med: 85.27 Max: 100.69
Current: 77.96

During the past 13 years, Ajinomoto Co's highest Days Payable was 100.69. The lowest was 61.34. And the median was 85.27.

TSE:2802's Days Payable is ranked better than
74.76% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.81 vs TSE:2802: 77.96

Ajinomoto Co's Days Payable increased from Dec. 2022 (73.87) to Dec. 2023 (74.75). It may suggest that Ajinomoto Co delayed paying its suppliers.

Ajinomoto Co Days Payable Historical Data

The historical data trend for Ajinomoto Co'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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Ajinomoto Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

93.51

94.86

100.69

97.97

81.71

Ajinomoto Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																73.87	79.02	81.55	75.58	74.75

Competitive Comparison

For the Packaged Foods subindustry, Ajinomoto Co'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.

Ajinomoto Co Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Days Payable distribution charts can be found below:

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

Ajinomoto 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.

Ajinomoto Co'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
=	( (199908	+	197981)	/	2 )	/	888728	*	365
=	198944.5					/	888728	*	365
=	81.71

Ajinomoto Co'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
=	( (190619	+	202257)	/	2 )	/	239792	*	365 / 4
=	196438					/	239792	*	365 / 4
=	74.75

Ajinomoto Co Days Payable Related Terms

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Ajinomoto Co (TSE:2802) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ajinomoto Co Inc (TSE:2802) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AJINY:USA AJINF:USA AJI:Germany

Address

15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315

Website

http://www.ajinomoto.co.jp

Ajinomoto is Japan's leading food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to global food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.

Ajinomoto Co (TSE:2802) Headlines

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