Shimizu (Shimizu) Days Payable : 65.10 (As of Dec. 2023)

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What is Shimizu Days Payable?

Shimizu's average Accounts Payable for the three months ended in Dec. 2023 was $2,658 Mil. Shimizu's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,725 Mil. Hence, Shimizu's Days Payable for the three months ended in Dec. 2023 was 65.10.

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

SHMUF' s Days Payable Range Over the Past 10 Years
Min: 74.06 Med: 89.37 Max: 112.48
Current: 74.06

During the past 13 years, Shimizu's highest Days Payable was 112.48. The lowest was 74.06. And the median was 89.37.

SHMUF's Days Payable is ranked worse than
51.74% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs SHMUF: 74.06

Shimizu's Days Payable declined from Dec. 2022 (69.64) to Dec. 2023 (65.10). It may suggest that Shimizu accelerated paying its suppliers.

Shimizu Days Payable Historical Data

The historical data trend for Shimizu'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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Shimizu Days Payable Chart

Shimizu Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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82.11

86.95

85.93

81.51

81.29

Shimizu Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															65.56	90.57	73.40	65.10	72.82

Competitive Comparison of Shimizu's Days Payable

For the Engineering & Construction subindustry, Shimizu'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.

Shimizu's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shimizu's Days Payable distribution charts can be found below:

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

Shimizu 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.

Shimizu's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (3174.692	+	2521.496)	/	2 )	/	12788.84	*	365
=	2848.094					/	12788.84	*	365
=	81.29

Shimizu'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
=	( (2565.444	+	2749.582)	/	2 )	/	3725.145	*	365 / 4
=	2657.513					/	3725.145	*	365 / 4
=	65.10

Shimizu Days Payable Related Terms

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Shimizu (Shimizu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shimizu Corp (OTCPK:SHMUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SHMUY:USA 1803:Japan XSZ:Germany

Address

2-16-1 Kyobashi, Chuo-ku, Shimizu Hall, 2nd Floor, Chuo-Ku, Tokyo, JPN, 104-8370

Website

http://www.shimz.co.jp

Shimizu Corp operates a construction business, and utilizes technology and engineering capabilities to meet customers' needs. It constructs large offices, factories, residential properties, and other large projects. Technology that Shimizu utilizes can revolve around energy-related concerns, disaster prevention, or improve the functionality of structures. The company has three operating segments: construction (the majority of total revenue), real estate development, and other related businesses. The firm generates additional revenue from operation and management services after construction is completed. Japan accounts for the majority of total revenue, but it will take orders from multinational enterprises and customers in different regions.

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