Canon (CAJFF) Days Payable : 56.20 (As of Sep. 2024)

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What is Canon Days Payable?

Canon's average Accounts Payable for the three months ended in Sep. 2024 was $2,428 Mil. Canon's Cost of Goods Sold for the three months ended in Sep. 2024 was $3,941 Mil. Hence, Canon's Days Payable for the three months ended in Sep. 2024 was 56.20.

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

CAJFF' s Days Payable Range Over the Past 10 Years
Min: 54.93 Med: 61.36 Max: 68.64
Current: 55.34

During the past 13 years, Canon's highest Days Payable was 68.64. The lowest was 54.93. And the median was 61.36.

CAJFF's Days Payable is ranked worse than
63.35% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs CAJFF: 55.34

Canon's Days Payable declined from Sep. 2023 (60.57) to Sep. 2024 (56.20). It may suggest that Canon accelerated paying its suppliers.

Canon Days Payable Historical Data

The historical data trend for Canon'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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Canon Days Payable Chart

Canon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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59.64

60.78

65.02

62.71

56.91

Canon Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															60.57	47.80	61.42	56.18	56.20

Competitive Comparison of Canon's Days Payable

For the Computer Hardware subindustry, Canon'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.

Canon's Days Payable Distribution in the Hardware Industry

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

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

Canon 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.

Canon's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2638.184	+	2152.568)	/	2 )	/	15363.515	*	365
=	2395.376					/	15363.515	*	365
=	56.91

Canon's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (2375.675	+	2479.553)	/	2 )	/	3941.443	*	365 / 4
=	2427.614					/	3941.443	*	365 / 4
=	56.20

Canon Days Payable Related Terms

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Canon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Canon Inc (OTCPK:CAJFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CAJPY:USA 7751:Japan 7751:Japan 7751:Japan 7751:Japan CNN1:Germany CNN1:Germany CNNA:Germany CNN1:Germany

Address

30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, JPN, 146-8501

Website

https://www.global.canon

Canon Inc designs, manufactures and distributes an extensive range of consumer and electronic products, including copiers, cameras, lenses, and inkjet printers. The company operates four major business segments: printing, imaging, medical, industrial, and others. It generates maximum revenue from the printing segment. Printing Business Unit includes Office multifunction devices (MFDs), Document solutions, Laser multifunction printers (MFPs), Laser printers, Inkjet printers, Image scanners, Calculators, Digital continuous feed presses, Digital sheet-fed presses, and Large format printers.