Mitsui Matsushima Holdings Co (TSE:1518) Days Payable : 65.80 (As of Mar. 2024)

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What is Mitsui Matsushima Holdings Co Days Payable?

Mitsui Matsushima Holdings Co's average Accounts Payable for the three months ended in Mar. 2024 was 円8,835 Mil. Mitsui Matsushima Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円12,252 Mil. Hence, Mitsui Matsushima Holdings Co's Days Payable for the three months ended in Mar. 2024 was 65.80.

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

TSE:1518' s Days Payable Range Over the Past 10 Years
Min: 14.91 Med: 23.77 Max: 79.5
Current: 68.42

During the past 13 years, Mitsui Matsushima Holdings Co's highest Days Payable was 79.50. The lowest was 14.91. And the median was 23.77.

TSE:1518's Days Payable is ranked better than
50.38% of 131 companies
in the Other Energy Sources industry
Industry Median: 66.06 vs TSE:1518: 68.42

Mitsui Matsushima Holdings Co's Days Payable declined from Mar. 2023 (67.83) to Mar. 2024 (65.80). It may suggest that Mitsui Matsushima Holdings Co accelerated paying its suppliers.

Mitsui Matsushima Holdings Co Days Payable Historical Data

The historical data trend for Mitsui Matsushima Holdings 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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Mitsui Matsushima Holdings Co Days Payable Chart

Mitsui Matsushima Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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27.30

38.73

79.50

76.93

72.02

Mitsui Matsushima Holdings Co 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															67.83	62.35	75.81	68.55	65.80

Competitive Comparison of Mitsui Matsushima Holdings Co's Days Payable

For the Thermal Coal subindustry, Mitsui Matsushima Holdings 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.

Mitsui Matsushima Holdings Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Mitsui Matsushima Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Mitsui Matsushima Holdings Co's Days Payable falls into.

Mitsui Matsushima Holdings 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.

Mitsui Matsushima Holdings 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
=	( (7888	+	8361)	/	2 )	/	41174	*	365
=	8124.5					/	41174	*	365
=	72.02

Mitsui Matsushima Holdings Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (9308	+	8361)	/	2 )	/	12252	*	365 / 4
=	8834.5					/	12252	*	365 / 4
=	65.80

Mitsui Matsushima Holdings Co Days Payable Related Terms

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Mitsui Matsushima Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Mitsui Matsushima Holdings Co Ltd (TSE:1518) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Otemon 1 - 12 Chuo - ku, Otemon Pineville 10 Floor - 11 Floor, Fukuoka, JPN, 810-8527

Website

http://www.mitsui-matsushima.co.jp

Mitsui Matsushima Holdings Co Ltd mainly imports coking coal for steel works and steaming coal for power utilities and cement works from Australia, Canada, the People's Republic of China, Indonesia, the Russian Federation and other countries.

Mitsui Matsushima Holdings Co Headlines

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