Mitsumura Printing Co (TSE:7916) Days Payable : 50.32 (As of Dec. 2023)

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What is Mitsumura Printing Co Days Payable?

Mitsumura Printing Co's average Accounts Payable for the three months ended in Dec. 2023 was 円1,841 Mil. Mitsumura Printing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,338 Mil. Hence, Mitsumura Printing Co's Days Payable for the three months ended in Dec. 2023 was 50.32.

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

TSE:7916' s Days Payable Range Over the Past 10 Years
Min: 48.02 Med: 50.26 Max: 56.09
Current: 51.3

During the past 13 years, Mitsumura Printing Co's highest Days Payable was 56.09. The lowest was 48.02. And the median was 50.26.

TSE:7916's Days Payable is ranked better than
53.07% of 927 companies
in the Business Services industry
Industry Median: 47.14 vs TSE:7916: 51.30

Mitsumura Printing Co's Days Payable increased from Dec. 2022 (40.61) to Dec. 2023 (50.32). It may suggest that Mitsumura Printing Co delayed paying its suppliers.

Mitsumura Printing Co Days Payable Historical Data

The historical data trend for Mitsumura Printing 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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Mitsumura Printing Co Days Payable Chart

Mitsumura Printing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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50.29

50.23

49.54

49.50

50.90

Mitsumura Printing 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															40.61	47.30	53.18	56.53	50.32

Competitive Comparison of Mitsumura Printing Co's Days Payable

For the Specialty Business Services subindustry, Mitsumura Printing 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.

Mitsumura Printing Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mitsumura Printing Co's Days Payable distribution charts can be found below:

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

Mitsumura Printing 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.

Mitsumura Printing 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
=	( (1718.115	+	1680.252)	/	2 )	/	12183.657	*	365
=	1699.1835					/	12183.657	*	365
=	50.90

Mitsumura Printing 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
=	( (1804.9	+	1876.684)	/	2 )	/	3338.302	*	365 / 4
=	1840.792					/	3338.302	*	365 / 4
=	50.32

Mitsumura Printing Co Days Payable Related Terms

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Mitsumura Printing Co (TSE:7916) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mitsumura Printing Co Ltd (TSE:7916) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-15-9 Osaki, Tokyo, JPN, 141-8567

Website

http://www.mitsumura.co.jp

Mitsumura Printing Co Ltd is engaged in providing business services which include commercial printing, newspaper printing, on demand printing, card printing, and anti-counterfeiting technology.

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