Sumitomo Bakelite Co (TSE:4203) Days Payable : 94.63 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Sumitomo Bakelite Co Days Payable?

Sumitomo Bakelite Co's average Accounts Payable for the three months ended in Dec. 2023 was 円52,910 Mil. Sumitomo Bakelite Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円51,022 Mil. Hence, Sumitomo Bakelite Co's Days Payable for the three months ended in Dec. 2023 was 94.63.

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

TSE:4203' s Days Payable Range Over the Past 10 Years
Min: 71.91 Med: 106.75 Max: 113.42
Current: 96.32

During the past 13 years, Sumitomo Bakelite Co's highest Days Payable was 113.42. The lowest was 71.91. And the median was 106.75.

TSE:4203's Days Payable is ranked better than
74% of 1504 companies
in the Chemicals industry
Industry Median: 61 vs TSE:4203: 96.32

Sumitomo Bakelite Co's Days Payable declined from Dec. 2022 (99.13) to Dec. 2023 (94.63). It may suggest that Sumitomo Bakelite Co accelerated paying its suppliers.

Sumitomo Bakelite Co Days Payable Historical Data

The historical data trend for Sumitomo Bakelite 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.

* Premium members only.

Sumitomo Bakelite Co Days Payable Chart

Sumitomo Bakelite Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

111.24

110.49

113.42

103.82

97.84

Sumitomo Bakelite 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	Get a 7-Day Free Trial															99.13	98.75	96.51	95.86	94.63

Competitive Comparison of Sumitomo Bakelite Co's Days Payable

For the Specialty Chemicals subindustry, Sumitomo Bakelite 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.

Sumitomo Bakelite Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sumitomo Bakelite Co's Days Payable distribution charts can be found below:

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

Sumitomo Bakelite 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.

Sumitomo Bakelite 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
=	( (56316	+	52826)	/	2 )	/	203586	*	365
=	54571					/	203586	*	365
=	97.84

Sumitomo Bakelite 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
=	( (54424	+	51395)	/	2 )	/	51022	*	365 / 4
=	52909.5					/	51022	*	365 / 4
=	94.63

Sumitomo Bakelite Co Days Payable Related Terms

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

Sumitomo Bakelite Co (TSE:4203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sumitomo Bakelite Co Ltd (TSE:4203) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-5-8 Higashi-shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0002

Website

http://www.sumibe.co.jp

Sumitomo Bakelite Co Ltd manufactures and sells plastics and chemical-based products. The firm's three segments are based on product type. The high-performance plastics segment, which generates more revenue than any other segment, sells phenolic molding compounds and phenolic resins used to make the interiors of aerospace and automotive vehicles. The quality-of-life segment sells medical-device products including endoscopic, surgery, drainage, and circulation devices. The semiconductor materials segment sells epoxy resin molding compounds and liquid resins used for semiconductor encapsulation in smartphones and other consumer electronic devices. The majority of revenue comes from Asia.

Sumitomo Bakelite Co (TSE:4203) Headlines

No Headlines