Maruichi Co (NGO:8228) Days Payable : 53.61 (As of Dec. 2023)

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What is Maruichi Co Days Payable?

Maruichi Co's average Accounts Payable for the three months ended in Dec. 2023 was 円38,113 Mil. Maruichi Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円64,873 Mil. Hence, Maruichi Co's Days Payable for the three months ended in Dec. 2023 was 53.61.

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

NGO:8228' s Days Payable Range Over the Past 10 Years
Min: 3.88 Med: 36.37 Max: 52.28
Current: 52.28

During the past 13 years, Maruichi Co's highest Days Payable was 52.28. The lowest was 3.88. And the median was 36.37.

NGO:8228's Days Payable is ranked better than
59.15% of 306 companies
in the Retail - Defensive industry
Industry Median: 43.72 vs NGO:8228: 52.28

Maruichi Co's Days Payable increased from Dec. 2022 (46.61) to Dec. 2023 (53.61). It may suggest that Maruichi Co delayed paying its suppliers.

Maruichi Co Days Payable Historical Data

The historical data trend for Maruichi 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.

* Premium members only.

Maruichi Co Days Payable Chart

Maruichi Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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48.15

42.08

36.56

36.04

36.17

Maruichi 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															46.61	57.01	38.14	44.99	53.61

Competitive Comparison of Maruichi Co's Days Payable

For the Food Distribution subindustry, Maruichi 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.

Maruichi Co's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maruichi Co's Days Payable distribution charts can be found below:

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

Maruichi 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.

Maruichi 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
=	( (22129	+	22726)	/	2 )	/	226316	*	365
=	22427.5					/	226316	*	365
=	36.17

Maruichi 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
=	( (32793	+	43432)	/	2 )	/	64873	*	365 / 4
=	38112.5					/	64873	*	365 / 4
=	53.61

Maruichi Co Days Payable Related Terms

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Maruichi Co (NGO:8228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Maruichi Co Ltd (NGO:8228) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-38 Nagano City Market, Nagano, JPN, 381-2281

Website

http://www.maruichi.com

Maruichi Co Ltd is engaged in the wholesale business of fishery products, dairy foods, and frozen foods, general dry foods, and processed foods, livestock products, and processed livestock products, retail store support business among others.

Maruichi Co (NGO:8228) Headlines

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