Rasa Industries (TSE:4022) Days Payable : 43.24 (As of Dec. 2023)

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What is Rasa Industries Days Payable?

Rasa Industries's average Accounts Payable for the three months ended in Dec. 2023 was 円3,709 Mil. Rasa Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was 円7,828 Mil. Hence, Rasa Industries's Days Payable for the three months ended in Dec. 2023 was 43.24.

The historical rank and industry rank for Rasa Industries's Days Payable or its related term are showing as below:

TSE:4022' s Days Payable Range Over the Past 10 Years
Min: 44.45 Med: 65.91 Max: 76.9
Current: 49.87

During the past 13 years, Rasa Industries's highest Days Payable was 76.90. The lowest was 44.45. And the median was 65.91.

TSE:4022's Days Payable is ranked worse than
61.49% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs TSE:4022: 49.87

Rasa Industries's Days Payable declined from Dec. 2022 (46.22) to Dec. 2023 (43.24). It may suggest that Rasa Industries accelerated paying its suppliers.

Rasa Industries Days Payable Historical Data

The historical data trend for Rasa Industries'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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Rasa Industries Days Payable Chart

Rasa Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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63.31

61.43

60.30

51.67

44.45

Rasa Industries 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															46.22	51.68	56.69	48.34	43.24

Competitive Comparison of Rasa Industries's Days Payable

For the Specialty Chemicals subindustry, Rasa Industries'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.

Rasa Industries's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Rasa Industries's Days Payable falls into.

Rasa Industries 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.

Rasa Industries'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
=	( (4264	+	5524)	/	2 )	/	40186	*	365
=	4894					/	40186	*	365
=	44.45

Rasa Industries'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
=	( (3680	+	3738)	/	2 )	/	7828	*	365 / 4
=	3709					/	7828	*	365 / 4
=	43.24

Rasa Industries Days Payable Related Terms

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Rasa Industries (TSE:4022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rasa Industries Ltd (TSE:4022) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Kyobashi 1 - chome, Chuo - ku, Tokyo, JPN, 104-0031

Website

http://www.rasa.co.jp

Rasa Industries Ltd is engaged in chemicals, machinery, and electronic materials business. The chemicals division manufactures and sells basic chemicals based on phosphorus-based products. The machinery division provides various machines such as drilling, crushing and sorting, and the Electronic materials division is engaged in the development of the electronics industry by supplying high-purity inorganic materials that are raw materials for compound semiconductors, as well as resist strippers and coating agents used in semiconductor and liquid crystal panel manufacturing processes.

Rasa Industries (TSE:4022) Headlines

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