Toenec (TSE:1946) Days Payable : 68.15 (As of Dec. 2023)

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What is Toenec Days Payable?

Toenec's average Accounts Payable for the three months ended in Dec. 2023 was 円39,949 Mil. Toenec's Cost of Goods Sold for the three months ended in Dec. 2023 was 円53,491 Mil. Hence, Toenec's Days Payable for the three months ended in Dec. 2023 was 68.15.

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

TSE:1946' s Days Payable Range Over the Past 10 Years
Min: 71.17 Med: 80.32 Max: 88.66
Current: 71.17

During the past 13 years, Toenec's highest Days Payable was 88.66. The lowest was 71.17. And the median was 80.32.

TSE:1946's Days Payable is ranked worse than
53.76% of 1607 companies
in the Construction industry
Industry Median: 76.01 vs TSE:1946: 71.17

Toenec's Days Payable increased from Dec. 2022 (63.81) to Dec. 2023 (68.15). It may suggest that Toenec delayed paying its suppliers.

Toenec Days Payable Historical Data

The historical data trend for Toenec'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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Toenec Days Payable Chart

Toenec Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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82.77

81.27

74.28

77.68

75.97

Toenec 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															63.45	78.82	68.00	68.15	65.92

Competitive Comparison of Toenec's Days Payable

For the Engineering & Construction subindustry, Toenec'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.

Toenec's Days Payable Distribution in the Construction Industry

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

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

Toenec 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.

Toenec'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
=	( (45485	+	44199)	/	2 )	/	215448	*	365
=	44842					/	215448	*	365
=	75.97

Toenec'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
=	( (39047	+	40850)	/	2 )	/	53491	*	365 / 4
=	39948.5					/	53491	*	365 / 4
=	68.15

Toenec Days Payable Related Terms

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Toenec (TSE:1946) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Toenec Corp (TSE:1946) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

20-31, Sakae 1-chome, Naka-ku, Aichi, Nagoya, JPN, 460-0008

Website

http://www.toenec.co.jp

Toenec Corp provides engineering and construction services. The company's services include electrical and communications construction, pipe-laying, fire-control system construction, construction and building works, scaffolding, earthworks, and concrete works, road surfacing, painting, waterproofing work, waterworks, steel-structure construction, machinery and tool installation, interior finishing work, cleaning-facility construction, the power generation business, and electrical communication construction. It provides surveying, design, supervision, maintenance, and consultation, research, planning, development services. The company also provides ordinary freight vehicles and dispatching of manpower needed for its services. It also sells, leases and manages real estate properties.

Toenec (TSE:1946) Headlines

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