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Mizuno (STU:MIZ) Days Payable : 39.38 (As of Sep. 2024)


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What is Mizuno Days Payable?

Mizuno's average Accounts Payable for the three months ended in Sep. 2024 was €94 Mil. Mizuno's Cost of Goods Sold for the three months ended in Sep. 2024 was €218 Mil. Hence, Mizuno's Days Payable for the three months ended in Sep. 2024 was 39.38.

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

STU:MIZ' s Days Payable Range Over the Past 10 Years
Min: 44.93   Med: 58.2   Max: 63.56
Current: 44.93

During the past 13 years, Mizuno's highest Days Payable was 63.56. The lowest was 44.93. And the median was 58.20.

STU:MIZ's Days Payable is ranked worse than
56.75% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 52.82 vs STU:MIZ: 44.93

Mizuno's Days Payable declined from Sep. 2023 (48.69) to Sep. 2024 (39.38). It may suggest that Mizuno accelerated paying its suppliers.


Mizuno Days Payable Historical Data

The historical data trend for Mizuno'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.

Mizuno Days Payable Chart

Mizuno Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.67 66.51 59.76 59.38 61.31

Mizuno 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 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 48.69 47.28 45.30 56.08 39.38

Competitive Comparison of Mizuno's Days Payable

For the Specialty Retail subindustry, Mizuno'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.


Mizuno's Days Payable Distribution in the Retail - Cyclical Industry

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

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



Mizuno 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.

Mizuno'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
=( (157.648 + 128.6) / 2 ) / 852.122*365
=143.124 / 852.122*365
=61.31

Mizuno'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
=( (0 + 94.276) / 1 ) / 218.477*365 / 4
=94.276 / 218.477*365 / 4
=39.38

* 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.


Mizuno Days Payable Related Terms

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Mizuno Business Description

Traded in Other Exchanges
Address
1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, JPN, 559-8510
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.

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