Chugai Ro Co (TSE:1964) Days Payable : 112.31 (As of Dec. 2023)

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What is Chugai Ro Co Days Payable?

Chugai Ro Co's average Accounts Payable for the three months ended in Dec. 2023 was 円6,039 Mil. Chugai Ro Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,906 Mil. Hence, Chugai Ro Co's Days Payable for the three months ended in Dec. 2023 was 112.31.

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

TSE:1964' s Days Payable Range Over the Past 10 Years
Min: 96.51 Med: 126.27 Max: 157.09
Current: 96.51

During the past 13 years, Chugai Ro Co's highest Days Payable was 157.09. The lowest was 96.51. And the median was 126.27.

TSE:1964's Days Payable is ranked better than
61.18% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs TSE:1964: 96.51

Chugai Ro Co's Days Payable increased from Dec. 2022 (87.72) to Dec. 2023 (112.31). It may suggest that Chugai Ro Co delayed paying its suppliers.

Chugai Ro Co Days Payable Historical Data

The historical data trend for Chugai Ro 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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Chugai Ro Co Days Payable Chart

Chugai Ro Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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116.94

124.65

146.58

100.74

112.71

Chugai Ro Co 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															87.72	74.28	145.15	87.13	112.31

Competitive Comparison of Chugai Ro Co's Days Payable

For the Specialty Industrial Machinery subindustry, Chugai Ro 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.

Chugai Ro Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chugai Ro Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chugai Ro Co's Days Payable falls into.

Chugai Ro 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.

Chugai Ro Co'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
=	( (5903	+	7860)	/	2 )	/	22285	*	365
=	6881.5					/	22285	*	365
=	112.71

Chugai Ro Co'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
=	( (6207	+	5870)	/	2 )	/	4906	*	365 / 4
=	6038.5					/	4906	*	365 / 4
=	112.31

Chugai Ro Co Days Payable Related Terms

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Chugai Ro Co (TSE:1964) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chugai Ro Co Ltd (TSE:1964) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

3-6-1 Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046

Website

http://www.chugai.co.jp

Chugai Ro Co Ltd is engaged in the development of technologies in the thermal technology field. The company operates through three segments namely Energy, Environmental preservation, and Information or communications. It offers various products including heat treatment furnaces for automobile machine parts, steel and nonferrous-metal heating furnaces, gas burner, film coating and drying equipment and environmental equipment and others.

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