Sharp (TSE:6753) Days Payable

: 65.85 (As of Dec. 2023)

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Sharp's average Accounts Payable for the three months ended in Dec. 2023 was 円369,514 Mil. Sharp's Cost of Goods Sold for the three months ended in Dec. 2023 was 円512,057 Mil. Hence, Sharp's Days Payable for the three months ended in Dec. 2023 was 65.85.

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

TSE:6753' s Days Payable Range Over the Past 10 Years
Min: 44.6 Med: 59.83 Max: 69.93
Current: 65.42

During the past 13 years, Sharp's highest Days Payable was 69.93. The lowest was 44.60. And the median was 59.83.

TSE:6753's Days Payable is ranked worse than
52.98% of 2420 companies
in the Hardware industry
Industry Median: 67.965 vs TSE:6753: 65.42

Sharp's Days Payable increased from Dec. 2022 (61.89) to Dec. 2023 (65.85). It may suggest that Sharp delayed paying its suppliers.

Sharp Days Payable Historical Data

The historical data trend for Sharp'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.

Sharp Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

69.93

67.24

61.35

65.54

58.30

Sharp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																61.89	64.39	65.59	63.06	65.85

Competitive Comparison

For the Consumer Electronics subindustry, Sharp'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.

Sharp Days Payable Distribution

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

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

Sharp 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.

Sharp'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
=	( (379394	+	328899)	/	2 )	/	2217286	*	365
=	354146.5					/	2217286	*	365
=	58.30

Sharp'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
=	( (387134	+	351894)	/	2 )	/	512057	*	365 / 4
=	369514					/	512057	*	365 / 4
=	65.85

Sharp Days Payable Related Terms

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Sharp (TSE:6753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sharp Corp (TSE:6753) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SHCAY:USA SHCAF:USA SRP:Germany

Address

1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, JPN, 590-8522

Website

https://www.sharp.co.jp

Sharp Corp is a Japan-based company that is principally engaged in producing and selling a broad range of consumer and industrial electronic products. The company's business segments consist of the consumer electronics segment, the energy solutions segment, the business solutions segment, the electronic components and devices segment, and the display devices segment. The company generates over half of its revenue from the consumer electronics segment and the display devices segment. It has a global business presence, with China, Japan, the Americas, and Europe its four largest markets.

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