Chuetsu Pulp & Paper Co (TSE:3877) Days Payable : 68.96 (As of Dec. 2023)

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What is Chuetsu Pulp & Paper Co Days Payable?

Chuetsu Pulp & Paper Co's average Accounts Payable for the three months ended in Dec. 2023 was 円17,687 Mil. Chuetsu Pulp & Paper Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円23,404 Mil. Hence, Chuetsu Pulp & Paper Co's Days Payable for the three months ended in Dec. 2023 was 68.96.

The historical rank and industry rank for Chuetsu Pulp & Paper Co's Days Payable or its related term are showing as below:

TSE:3877' s Days Payable Range Over the Past 10 Years
Min: 57.17 Med: 64.42 Max: 73.06
Current: 65.16

During the past 13 years, Chuetsu Pulp & Paper Co's highest Days Payable was 73.06. The lowest was 57.17. And the median was 64.42.

TSE:3877's Days Payable is ranked better than
56.07% of 280 companies
in the Forest Products industry
Industry Median: 56.825 vs TSE:3877: 65.16

Chuetsu Pulp & Paper Co's Days Payable increased from Dec. 2022 (56.65) to Dec. 2023 (68.96). It may suggest that Chuetsu Pulp & Paper Co delayed paying its suppliers.

Chuetsu Pulp & Paper Co Days Payable Historical Data

The historical data trend for Chuetsu Pulp & Paper 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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Chuetsu Pulp & Paper Co Days Payable Chart

Chuetsu Pulp & Paper Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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72.74

73.06

71.17

59.32

57.17

Chuetsu Pulp & Paper 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															56.65	63.11	58.10	65.78	68.96

Competitive Comparison of Chuetsu Pulp & Paper Co's Days Payable

For the Paper & Paper Products subindustry, Chuetsu Pulp & Paper 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.

Chuetsu Pulp & Paper Co's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Chuetsu Pulp & Paper Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chuetsu Pulp & Paper Co's Days Payable falls into.

Chuetsu Pulp & Paper 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.

Chuetsu Pulp & Paper 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
=	( (12979	+	15548)	/	2 )	/	91057	*	365
=	14263.5					/	91057	*	365
=	57.17

Chuetsu Pulp & Paper 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
=	( (18115	+	17259)	/	2 )	/	23404	*	365 / 4
=	17687					/	23404	*	365 / 4
=	68.96

Chuetsu Pulp & Paper Co Days Payable Related Terms

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Chuetsu Pulp & Paper Co (TSE:3877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Chuetsu Pulp & Paper Co Ltd (TSE:3877) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-6 Ginza, Chuo-ku, Tokyo, JPN, 1048124

Website

http://www.chuetsu-pulp.co.jp

Chuetsu Pulp & Paper Co Ltd is engaged in the manufacturing and sale of paper and pulp products. It offers varied products in following categories; paper and pulp manufacturing unit produces newsprint, printing paper, packaging paper, and special paper, paperboard, and pulp products. The Paper-processed Products include paper bags, paper tubes, cardboard boxes, and notebooks. The Power unit deals with the sale of electricity. It is also involved in the forestry, lumbering, and wood processing activities; manufacture, buying, and sale of chemicals; management, leasing, buying, and sale of real estate properties.

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