Sumitomo Seika Chemicals Co (TSE:4008) Days Payable : 43.84 (As of Sep. 2024)

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What is Sumitomo Seika Chemicals Co Days Payable?

Sumitomo Seika Chemicals Co's average Accounts Payable for the three months ended in Sep. 2024 was 円14,374 Mil. Sumitomo Seika Chemicals Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円29,920 Mil. Hence, Sumitomo Seika Chemicals Co's Days Payable for the three months ended in Sep. 2024 was 43.84.

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

TSE:4008' s Days Payable Range Over the Past 10 Years
Min: 53.26 Med: 56.88 Max: 61.88
Current: 58.67

During the past 13 years, Sumitomo Seika Chemicals Co's highest Days Payable was 61.88. The lowest was 53.26. And the median was 56.88.

TSE:4008's Days Payable is ranked worse than
51.62% of 1515 companies
in the Chemicals industry
Industry Median: 60.15 vs TSE:4008: 58.67

Sumitomo Seika Chemicals Co's Days Payable declined from Sep. 2023 (62.21) to Sep. 2024 (43.84). It may suggest that Sumitomo Seika Chemicals Co accelerated paying its suppliers.

Sumitomo Seika Chemicals Co Days Payable Historical Data

The historical data trend for Sumitomo Seika Chemicals 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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Sumitomo Seika Chemicals Co Days Payable Chart

Sumitomo Seika Chemicals Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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60.62

53.26

55.98

57.78

61.88

Sumitomo Seika Chemicals Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															62.21	61.42	66.95	62.11	43.84

Competitive Comparison of Sumitomo Seika Chemicals Co's Days Payable

For the Specialty Chemicals subindustry, Sumitomo Seika Chemicals 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.

Sumitomo Seika Chemicals Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sumitomo Seika Chemicals Co's Days Payable distribution charts can be found below:

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

Sumitomo Seika Chemicals 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.

Sumitomo Seika Chemicals 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
=	( (19157	+	19827)	/	2 )	/	114979	*	365
=	19492					/	114979	*	365
=	61.88

Sumitomo Seika Chemicals Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	14374)	/	1 )	/	29920	*	365 / 4
=	14374					/	29920	*	365 / 4
=	43.84

Sumitomo Seika Chemicals Co Days Payable Related Terms

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Sumitomo Seika Chemicals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sumitomo Seika Chemicals Co Ltd (TSE:4008) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

1-13-5 Kudankita, Chiyoda-ku, Tokyo, JPN, 102-0073

Website

https://www.sumitomoseika.co.jp/

Sumitomo Seika Chemicals Co Ltd manufactures and sells chemicals and chemical-based products in three segments based on product type. The superabsorbent-polymers segment, which generates the majority of revenue, sells diapers, sanitary napkins, water repellent tape for power and optical cables, and sodium polyacrylate products used as a water-retention agent for agricultural and horticultural use. The chemicals segment sells plastic polymers, latex, and chemical additives used in the production of lithium-ion batteries and pharmaceuticals. The gases segment sells gases for industrial use, which includes electronics production, as well as aerosol propellant gas and nitrous oxide.

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