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Ezaki Glico Co (TSE:2206) Days Payable : 67.97 (As of Mar. 2024)


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What is Ezaki Glico Co Days Payable?

Ezaki Glico Co's average Accounts Payable for the three months ended in Mar. 2024 was 円35,154 Mil. Ezaki Glico Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円47,195 Mil. Hence, Ezaki Glico Co's Days Payable for the three months ended in Mar. 2024 was 67.97.

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

TSE:2206' s Days Payable Range Over the Past 10 Years
Min: 55.89   Med: 63.25   Max: 67.09
Current: 60.61

During the past 13 years, Ezaki Glico Co's highest Days Payable was 67.09. The lowest was 55.89. And the median was 63.25.

TSE:2206's Days Payable is ranked better than
64.88% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs TSE:2206: 60.61

Ezaki Glico Co's Days Payable increased from Mar. 2023 (67.52) to Mar. 2024 (67.97). It may suggest that Ezaki Glico Co delayed paying its suppliers.


Ezaki Glico Co Days Payable Historical Data

The historical data trend for Ezaki Glico 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.

* Premium members only.

Ezaki Glico Co Days Payable Chart

Ezaki Glico Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.09 66.70 65.63 65.00 65.36

Ezaki Glico 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 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 67.52 55.79 58.47 68.17 67.97

Competitive Comparison of Ezaki Glico Co's Days Payable

For the Packaged Foods subindustry, Ezaki Glico 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.


Ezaki Glico Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ezaki Glico Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ezaki Glico Co's Days Payable falls into.



Ezaki Glico 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.

Ezaki Glico Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (36430 + 38326) / 2 ) / 208740*365
=37378 / 208740*365
=65.36

Ezaki Glico 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
=( (38326 + 31982) / 2 ) / 47195*365 / 4
=35154 / 47195*365 / 4
=67.97

* 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.


Ezaki Glico Co Days Payable Related Terms

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Ezaki Glico Co (TSE:2206) Business Description

Traded in Other Exchanges
Address
6-5, Utajima, 4-chome, Nishiyodogawa-ku, Osaka, JPN, 555-8502
Ezaki Glico Co Ltd is a Japanese food company. The reportable segments of the company are, 1) Health and Food Business includes the production and sales of health-related products, retort-packed food and others; 2) Dairy Food Business includes the production and sales of dairy products, western-style fresh confectioneries, ice cream and others; 3) Nutritional Confectionery Business includes the production and sales of chocolate, cookies and others; 4) Food Ingredients Business: includes the production and sales of wheat protein, starch, food colouring and others; 5) Other Domestic Business includes directly managed stores business, Office Glico business and others and 6) Overseas Business includes the production and sales of chocolate, cookies and others overseas.

Ezaki Glico Co (TSE:2206) Headlines

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