Daiichinkyo Co (TSE:4568) Days Payable : 442.19 (As of Mar. 2024)

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What is Daiichinkyo Co Days Payable?

Daiichinkyo Co's average Accounts Payable for the three months ended in Mar. 2024 was 円506,698 Mil. Daiichinkyo Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円104,562 Mil. Hence, Daiichinkyo Co's Days Payable for the three months ended in Mar. 2024 was 442.19.

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

TSE:4568' s Days Payable Range Over the Past 10 Years
Min: 235.19 Med: 290.03 Max: 431.14
Current: 410.76

During the past 13 years, Daiichinkyo Co's highest Days Payable was 431.14. The lowest was 235.19. And the median was 290.03.

TSE:4568's Days Payable is ranked better than
92.32% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.3 vs TSE:4568: 410.76

Daiichinkyo Co's Days Payable increased from Mar. 2023 (336.82) to Mar. 2024 (442.19). It may suggest that Daiichinkyo Co delayed paying its suppliers.

Daiichinkyo Co Days Payable Historical Data

The historical data trend for Daiichinkyo 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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Daiichinkyo Co Days Payable Chart

Daiichinkyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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310.29

306.62

321.35

375.93

431.14

Daiichinkyo Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															336.82	416.63	433.21	344.73	442.19

Competitive Comparison of Daiichinkyo Co's Days Payable

For the Drug Manufacturers - General subindustry, Daiichinkyo 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.

Daiichinkyo Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Daiichinkyo Co's Days Payable distribution charts can be found below:

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

Daiichinkyo 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.

Daiichinkyo Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (424036	+	557131)	/	2 )	/	415322	*	365
=	490583.5					/	415322	*	365
=	431.14

Daiichinkyo Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (456265	+	557131)	/	2 )	/	104562	*	365 / 4
=	506698					/	104562	*	365 / 4
=	442.19

Daiichinkyo Co Days Payable Related Terms

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Daiichinkyo Co (TSE:4568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Daiichi Sankyo Co Ltd (TSE:4568) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DSNKY:USA DSKYF:USA D4S:Germany

Address

3-5-1, Nihonbashi-honcho, Chuo-ku, Tokyo, JPN, 103-8426

Website

https://www.daiichisankyo.com

Daiichi Sankyo was established by the merger of Daiichi Pharmaceuticals and Sankyo in 2005. As of 2021, approximately half of revenue comes from its Japan businesses, which will shrink in the future as the company expands its global footprint. Its primary growth driver is its leading platform of antibody drug conjugates. Its three lead ADCs are Enhertu (HER2), Dato-DXd (TROP2), I-DXd (B7-H3), HER3-DXd (HER3), and R-DXd (CDH6). Enhertu entered the clinic in 2015 and received its first U.S approval in December 2019 for third-line late-stage HER2-positive breast cancer. It is also approved for HER2-positive stomach cancers and HER2 mutant non-small cell lung cancer.

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