Sumitomo Metal Mining Co (STU:S19) Days Payable : 59.64 (As of Sep. 2024)

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What is Sumitomo Metal Mining Co Days Payable?

Sumitomo Metal Mining Co's average Accounts Payable for the three months ended in Sep. 2024 was €1,461 Mil. Sumitomo Metal Mining Co's Cost of Goods Sold for the three months ended in Sep. 2024 was €2,235 Mil. Hence, Sumitomo Metal Mining Co's Days Payable for the three months ended in Sep. 2024 was 59.64.

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

STU:S19' s Days Payable Range Over the Past 10 Years
Min: 18.36 Med: 62.67 Max: 73.43
Current: 61.5

During the past 13 years, Sumitomo Metal Mining Co's highest Days Payable was 73.43. The lowest was 18.36. And the median was 62.67.

STU:S19's Days Payable is ranked worse than
66.95% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs STU:S19: 61.50

Sumitomo Metal Mining Co's Days Payable declined from Sep. 2023 (59.82) to Sep. 2024 (59.64). It may suggest that Sumitomo Metal Mining Co accelerated paying its suppliers.

Sumitomo Metal Mining Co Days Payable Historical Data

The historical data trend for Sumitomo Metal Mining 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.

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Sumitomo Metal Mining Co Days Payable Chart

Sumitomo Metal Mining Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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64.37

62.41

65.35

74.29

78.39

Sumitomo Metal Mining Co 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															59.82	58.07	74.75	69.00	59.64

Competitive Comparison of Sumitomo Metal Mining Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Sumitomo Metal Mining 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.

Sumitomo Metal Mining Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sumitomo Metal Mining Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sumitomo Metal Mining Co's Days Payable falls into.

Sumitomo Metal Mining 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.

Sumitomo Metal Mining Co'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
=	( (1758.765	+	1615.351)	/	2 )	/	7855.597	*	365
=	1687.058					/	7855.597	*	365
=	78.39

Sumitomo Metal Mining Co'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	+	1460.978)	/	1 )	/	2235.325	*	365 / 4
=	1460.978					/	2235.325	*	365 / 4
=	59.64

Sumitomo Metal Mining Co Days Payable Related Terms

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Sumitomo Metal Mining Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sumitomo Metal Mining Co Ltd (STU:S19) » Definitions » Days Payable

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Traded in Other Exchanges

STMNF:USA SMMYY:USA 5713:Japan

Address

11-3, Shimbashi 5-chome, Minato-ku, Tokyo, JPN, 105-8716

Website

http://www.smm.co.jp

Sumitomo Metal Mining Co Ltd has three core operating segments, namely mineral resources, smelting and refining, and materials. The mineral resources business is engaged in exploration, development, production and sale of non-ferrous metals, primarily in Japan. The smelting and refining segment which generates the majority of group revenue, smelts and sells copper, nickel zinc, lead gold and others, and manufactures and sells stretched copper products and special steel castings. The materials division manufactures semiconductor materials, battery materials, bonding materials, aerated light-weight concrete, chemical catalysts among others.

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