Shimano (FRA:SHM1) Days Payable : 18.91 (As of Jun. 2024)

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What is Shimano Days Payable?

Shimano's average Accounts Payable for the three months ended in Jun. 2024 was €87 Mil. Shimano's Cost of Goods Sold for the three months ended in Jun. 2024 was €420 Mil. Hence, Shimano's Days Payable for the three months ended in Jun. 2024 was 18.91.

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

FRA:SHM1' s Days Payable Range Over the Past 10 Years
Min: 17.86 Med: 22.92 Max: 26.17
Current: 17.86

During the past 13 years, Shimano's highest Days Payable was 26.17. The lowest was 17.86. And the median was 22.92.

FRA:SHM1's Days Payable is ranked worse than
84.9% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs FRA:SHM1: 17.86

Shimano's Days Payable increased from Jun. 2023 (18.19) to Jun. 2024 (18.91). It may suggest that Shimano delayed paying its suppliers.

Shimano Days Payable Historical Data

The historical data trend for Shimano'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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Shimano Days Payable Chart

Shimano Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.98

26.63

25.15

23.94

21.04

Shimano 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															17.12	16.09	18.34	18.91	18.77

Competitive Comparison of Shimano's Days Payable

For the Leisure subindustry, Shimano'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.

Shimano's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shimano's Days Payable distribution charts can be found below:

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

Shimano 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.

Shimano'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
=	( (144.103	+	70.217)	/	2 )	/	1858.737	*	365
=	107.16					/	1858.737	*	365
=	21.04

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

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (81.605	+	92.629)	/	2 )	/	420.404	*	365 / 4
=	87.117					/	420.404	*	365 / 4
=	18.91

Shimano Days Payable Related Terms

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Shimano Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shimano Inc (FRA:SHM1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SMNNY:USA SHMDF:USA 7309:Japan SHM:Germany

Address

3-77 Oimatsu-cho, Sakai-ku, Sakai, Osaka Prefecture, JPN, 590-8577

Website

https://www.shimano.com

Shimano develops, manufactures, and sells bicycle components, fishing tackles, and other gears like apparel items/shoes. Approximately 80% of companywide revenue comes from its bicycle components segment. Shimano has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. The company was founded in 1921, and its headquarters are in Osaka, Japan.

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