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Fujitec Co (TSE:6406) Days Payable : 36.96 (As of Dec. 2023)


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What is Fujitec Co Days Payable?

Fujitec Co's average Accounts Payable for the three months ended in Dec. 2023 was 円19,820 Mil. Fujitec Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円48,938 Mil. Hence, Fujitec Co's Days Payable for the three months ended in Dec. 2023 was 36.96.

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

TSE:6406' s Days Payable Range Over the Past 10 Years
Min: 38.82   Med: 41.75   Max: 48.6
Current: 40.52

During the past 13 years, Fujitec Co's highest Days Payable was 48.60. The lowest was 38.82. And the median was 41.75.

TSE:6406's Days Payable is ranked worse than
79.33% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs TSE:6406: 40.52

Fujitec Co's Days Payable declined from Dec. 2022 (41.67) to Dec. 2023 (36.96). It may suggest that Fujitec Co accelerated paying its suppliers.


Fujitec Co Days Payable Historical Data

The historical data trend for Fujitec 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.

Fujitec Co Days Payable Chart

Fujitec Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.54 40.05 42.17 39.73 38.82

Fujitec 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 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 41.67 41.28 42.84 39.43 36.96

Competitive Comparison of Fujitec Co's Days Payable

For the Specialty Industrial Machinery subindustry, Fujitec 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.


Fujitec Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujitec Co's Days Payable distribution charts can be found below:

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



Fujitec 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.

Fujitec 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
=( (16637 + 18548) / 2 ) / 165431*365
=17592.5 / 165431*365
=38.82

Fujitec 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
=( (19977 + 19663) / 2 ) / 48938*365 / 4
=19820 / 48938*365 / 4
=36.96

* 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.


Fujitec Co Days Payable Related Terms

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Fujitec Co (TSE:6406) Business Description

Traded in Other Exchanges
Address
591-1 Miyatacho, Shiga Prefecture, Hikone, JPN, 522-8588
Fujitec Co Ltd is a Japan-based company that designs, develops, manufactures, sells, and installs elevators and escalators. The company has a global presence, with Japan, North America, South Asia, and East Asia being its largest markets. On the other hand, its manufacturing bases are spread worldwide, in locations including Japan, China, the United States, South Korea, Taiwan, and India. The company also provides aftersale maintenance services such as real-time parts support, remote monitoring, and product modernization.

Fujitec Co (TSE:6406) Headlines

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