Kameda Seika Co (TSE:2220) Days Payable : 21.31 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Kameda Seika Co Days Payable?

Kameda Seika Co's average Accounts Payable for the three months ended in Dec. 2023 was 円4,359 Mil. Kameda Seika Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円18,666 Mil. Hence, Kameda Seika Co's Days Payable for the three months ended in Dec. 2023 was 21.31.

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

TSE:2220' s Days Payable Range Over the Past 10 Years
Min: 21.82 Med: 25.27 Max: 27.23
Current: 23.12

During the past 13 years, Kameda Seika Co's highest Days Payable was 27.23. The lowest was 21.82. And the median was 25.27.

TSE:2220's Days Payable is ranked worse than
81.99% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs TSE:2220: 23.12

Kameda Seika Co's Days Payable declined from Dec. 2022 (22.75) to Dec. 2023 (21.31). It may suggest that Kameda Seika Co accelerated paying its suppliers.

Kameda Seika Co Days Payable Historical Data

The historical data trend for Kameda Seika 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.

Kameda Seika Co Days Payable Chart

Kameda Seika Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

24.63

23.95

22.40

21.82

23.90

Kameda Seika 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															24.84	24.51	23.12	21.31	22.98

Competitive Comparison of Kameda Seika Co's Days Payable

For the Packaged Foods subindustry, Kameda Seika 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.

Kameda Seika Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Kameda Seika Co's Days Payable falls into.

Kameda Seika 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.

Kameda Seika 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
=	( (4571	+	4563)	/	2 )	/	69760	*	365
=	4567					/	69760	*	365
=	23.90

Kameda Seika 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
=	( (4110	+	4608)	/	2 )	/	18666	*	365 / 4
=	4359					/	18666	*	365 / 4
=	21.31

Kameda Seika Co Days Payable Related Terms

Thank you for viewing the detailed overview of Kameda Seika Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kameda Seika Co (TSE:2220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kameda Seika Co Ltd (TSE:2220) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1-1, Kangnam-gu, Niigata, JPN, 950-0198

Website

http://www.kamedaseika.co.jp

Kameda Seika Co Ltd is a manufacturer of rice market confection. The company's product portfolio includes soft rice cracker, hard rice cracker, jealous, hailstone, appetizers, seaweed roll, fried rice crackers, baby sweets, fusion, Kameda's special rice, other sweets and healthcare products. It sells its products to supermarkets and convenience stores such as Kameda Seika and Nissin confectionery.

Kameda Seika Co (TSE:2220) Headlines

No Headlines