KITA KOUDENSHA (SSE:1734) Days Payable: 54.17 (As of Dec. 2023)

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SSE:1734 KITA KOUDENSHA Corp SSE:1734
12 GF Score
Price 円657.00
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What is KITA KOUDENSHA Days Payable?

KITA KOUDENSHA SSE:1734 12 Days Payable is 54.17 as of Dec. 2023. GuruFocus rates SSE:1734 with a GF Score™ of 12/100.

KITA KOUDENSHA's average Accounts Payable for the three months ended in Dec. 2023 was 円2,096 Mil. KITA KOUDENSHA's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,531 Mil. Hence, KITA KOUDENSHA's Days Payable for the three months ended in Dec. 2023 was 54.17.

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

SSE:1734's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.595
* Ranked among companies with meaningful Days Payable only.

KITA KOUDENSHA's Days Payable declined from Dec. 2022 (58.92) to Dec. 2023 (54.17). It may suggest that KITA KOUDENSHA accelerated paying its suppliers.

KITA KOUDENSHA Days Payable Historical Data

* Premium members only.

The historical data trend for KITA KOUDENSHA'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.

KITA KOUDENSHA Days Payable Chart

KITA KOUDENSHA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.81 55.89 71.65 45.68 65.87

KITA KOUDENSHA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.92 66.61 57.86 58.28 54.17

SSE:1734 vs PWR, J: Days Payable Comparison

For the Engineering & Construction subindustry, KITA KOUDENSHA'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.

KITA KOUDENSHA Days Payable vs Construction Industry

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

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


SSE:1734
12GF Score
KITA KOUDENSHA Corp SSE:1734
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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KITA KOUDENSHA 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.

KITA KOUDENSHA'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
=( (3057.609 + 1935.409) / 2 ) / 13833.959*365
=2496.509 / 13833.959*365
=65.87

KITA KOUDENSHA'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
=( (1688.618 + 2503.906) / 2 ) / 3531.293*365 / 4
=2096.262 / 3531.293*365 / 4
=54.17

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 54.17 mean?
KITA KOUDENSHA (SSE:1734) has a Days Payable of 54.17 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on KITA KOUDENSHA and its competitors.
Is KITA KOUDENSHA's Days Payable too high?
KITA KOUDENSHA's current Days Payable is 54.17. The Construction industry median Days Payable is 76.60. KITA KOUDENSHA's value of 54.17 is 29.3% below this industry median. Overall, KITA KOUDENSHA has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does KITA KOUDENSHA's Days Payable compare to PWR and J?
KITA KOUDENSHA's Days Payable of 54.17 can be compared against companies in the Construction industry. The industry median Days Payable is 76.60. KITA KOUDENSHA's value of 54.17 is 29.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,716 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KITA KOUDENSHA's current Days Payable of 54.17 is 29.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on KITA KOUDENSHA and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KITA KOUDENSHA's current Days Payable is 54.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KITA KOUDENSHA stock overvalued right now?
KITA KOUDENSHA (SSE:1734) has a current Days Payable of 54.17. The current Days Payable is 54.17 and 29.3% below the Construction industry median of 76.60. KITA KOUDENSHA's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For KITA KOUDENSHA (SSE:1734), the current Days Payable is 54.17 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

KITA KOUDENSHA Business Description

Address 2-10, Kita 11-jo Nishi 23-chome, Chuo-ku Sapporo, Hokkaido, JPN, 060-0011
KITA KOUDENSHA Corp is engaged in the indoor wiring and power-related construction operations. The company undertakes projects for the construction of transmission lines, underground transmission lines, communication lines. It has an indoor wiring construction project, power related construction project and an industrial equipment business which include sales of power facility equipment, low voltage generator cars, electric wires, and piping materials, information communication systems.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円657.00
Price