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Riso Kagaku (TSE:6413) Days Payable : 118.25 (As of Dec. 2023)


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What is Riso Kagaku Days Payable?

Riso Kagaku's average Accounts Payable for the three months ended in Dec. 2023 was 円9,307 Mil. Riso Kagaku's Cost of Goods Sold for the three months ended in Dec. 2023 was 円7,182 Mil. Hence, Riso Kagaku's Days Payable for the three months ended in Dec. 2023 was 118.25.

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

TSE:6413' s Days Payable Range Over the Past 10 Years
Min: 98.8   Med: 109.74   Max: 122.45
Current: 107.76

During the past 13 years, Riso Kagaku's highest Days Payable was 122.45. The lowest was 98.80. And the median was 109.74.

TSE:6413's Days Payable is ranked better than
73.86% of 2422 companies
in the Hardware industry
Industry Median: 67.885 vs TSE:6413: 107.76

Riso Kagaku's Days Payable declined from Dec. 2022 (120.23) to Dec. 2023 (118.25). It may suggest that Riso Kagaku accelerated paying its suppliers.


Riso Kagaku Days Payable Historical Data

The historical data trend for Riso Kagaku'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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Riso Kagaku Days Payable Chart

Riso Kagaku 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 122.45 114.37 114.30 108.46 98.80

Riso Kagaku 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 120.23 92.99 118.75 102.18 118.25

Competitive Comparison of Riso Kagaku's Days Payable

For the Computer Hardware subindustry, Riso Kagaku'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.


Riso Kagaku's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Riso Kagaku's Days Payable falls into.



Riso Kagaku 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.

Riso Kagaku'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
=( (8454 + 9189) / 2 ) / 32590*365
=8821.5 / 32590*365
=98.80

Riso Kagaku'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
=( (9323 + 9291) / 2 ) / 7182*365 / 4
=9307 / 7182*365 / 4
=118.25

* 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.


Riso Kagaku Days Payable Related Terms

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Riso Kagaku (TSE:6413) Business Description

Traded in Other Exchanges
N/A
Address
5-34-7 Shiba, Minato-ku, Tokyo, JPN, 108-8385
Riso Kagaku Corp is a Japan-based manufacturer of printer-duplicators, printers, and printing products. The firm developed oil-based pigment ink, Orphis Ink, which is used by the firm's printers. The ink has a stable composition and high water resistance, making it suitable for high-speed printing. Riso has three manufacturing facilities in Japan and a worldwide distribution network. More than half of the firm's revenue is generated in Japan, with the rest coming from countries in the Americas, Europe, and Asia.

Riso Kagaku (TSE:6413) Headlines

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