Stanley Electric Co (TSE:6923) Days Payable

: 39.28 (As of Dec. 2023)

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Stanley Electric Co's average Accounts Payable for the three months ended in Dec. 2023 was 円44,540 Mil. Stanley Electric Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円103,481 Mil. Hence, Stanley Electric Co's Days Payable for the three months ended in Dec. 2023 was 39.28.

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

TSE:6923' s Days Payable Range Over the Past 10 Years
Min: 39.3 Med: 49.53 Max: 55.7
Current: 39.81

During the past 13 years, Stanley Electric Co's highest Days Payable was 55.70. The lowest was 39.30. And the median was 49.53.

TSE:6923's Days Payable is ranked worse than
76.64% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 66.42 vs TSE:6923: 39.81

Stanley Electric Co's Days Payable declined from Dec. 2022 (41.17) to Dec. 2023 (39.28). It may suggest that Stanley Electric Co accelerated paying its suppliers.

Stanley Electric Co Days Payable Historical Data

The historical data trend for Stanley Electric 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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Stanley Electric Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

49.27

39.30

44.02

44.89

39.49

Stanley Electric 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																41.17	39.01	37.84	42.39	39.28

Competitive Comparison

For the Auto Parts subindustry, Stanley Electric 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.

Stanley Electric Co Days Payable Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Stanley Electric Co's Days Payable distribution charts can be found below:

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

Stanley Electric 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.

Stanley Electric 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
=	( (39246	+	37902)	/	2 )	/	356519	*	365
=	38574					/	356519	*	365
=	39.49

Stanley Electric 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
=	( (43307	+	45773)	/	2 )	/	103481	*	365 / 4
=	44540					/	103481	*	365 / 4
=	39.28

Stanley Electric Co Days Payable Related Terms

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Stanley Electric Co (TSE:6923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stanley Electric Co Ltd (TSE:6923) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STAA:Germany

Address

2-9-13 Nakameguro, Meguro-ku, Tokyo, JPN, 153-8636

Website

http://www.stanley.co.jp

Stanley Electric Co Ltd makes LED lighting products and operates under three business segments: automotive equipment, electronic components, and applied electronic products. In its automotive equipment business, Stanley Electric produces and sells LED and HID headlamps, rear combination lamps, fog lamps, and automotive and LED bulbs. This business segment generates the lion's share of sales. In its other segments, Stanley Electric makes LEDs, infrared LED lamps, optical sensors, LCDs, subminiature lamps, backlight units for LCDs, flash units for cameras, and operation panels. The largest end markets include Japan, China and Asia-Pacific, and the Americas.

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