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Sigma Koki Co (TSE:7713) Days Payable : 32.41 (As of Feb. 2024)


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What is Sigma Koki Co Days Payable?

Sigma Koki Co's average Accounts Payable for the three months ended in Feb. 2024 was 円608 Mil. Sigma Koki Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,712 Mil. Hence, Sigma Koki Co's Days Payable for the three months ended in Feb. 2024 was 32.41.

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

TSE:7713' s Days Payable Range Over the Past 10 Years
Min: 29.99   Med: 57.31   Max: 74.29
Current: 31.12

During the past 13 years, Sigma Koki Co's highest Days Payable was 74.29. The lowest was 29.99. And the median was 57.31.

TSE:7713's Days Payable is ranked worse than
86.98% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs TSE:7713: 31.12

Sigma Koki Co's Days Payable declined from Feb. 2023 (39.43) to Feb. 2024 (32.41). It may suggest that Sigma Koki Co accelerated paying its suppliers.


Sigma Koki Co Days Payable Historical Data

The historical data trend for Sigma Koki 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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Sigma Koki Co Days Payable Chart

Sigma Koki Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.51 33.21 33.11 32.88 29.99

Sigma Koki Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 39.43 33.55 26.55 28.70 32.41

Competitive Comparison of Sigma Koki Co's Days Payable

For the Electronic Components subindustry, Sigma Koki 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.


Sigma Koki Co's Days Payable Distribution in the Hardware Industry

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

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



Sigma Koki 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.

Sigma Koki Co's Days Payable for the fiscal year that ended in May. 2023 is calculated as

Days Payable (A: May. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2022 ) + Accounts Payable (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (623.496 + 514.807) / 2 ) / 6926.841*365
=569.1515 / 6926.841*365
=29.99

Sigma Koki Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (628.041 + 588.395) / 2 ) / 1712.371*365 / 4
=608.218 / 1712.371*365 / 4
=32.41

* 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.


Sigma Koki Co Days Payable Related Terms

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Sigma Koki Co (TSE:7713) Business Description

Traded in Other Exchanges
N/A
Address
Saitama Prefecture, Takahi Hagi Shinda 17-2, Hidaka, JPN, 350-1297
Sigma Koki Co Ltd is engaged in the design, production, and sale of optical, CD, DVD, laser printers, bar code readers and laser processing machine that uses laser light as a medium to carry information and energy. Its products include Mirror, beam splitter, filter, lens, prism, polarizer, automatic position/attitude determination device, optical measuring/control device, measurement/control software, Laser direct writing device, high-speed fine laser processing machine.

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