Sekisui Kasei Co (TSE:4228) Days Payable : 66.19 (As of Dec. 2023)

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What is Sekisui Kasei Co Days Payable?

Sekisui Kasei Co's average Accounts Payable for the three months ended in Dec. 2023 was 円19,031 Mil. Sekisui Kasei Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円26,237 Mil. Hence, Sekisui Kasei Co's Days Payable for the three months ended in Dec. 2023 was 66.19.

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

TSE:4228' s Days Payable Range Over the Past 10 Years
Min: 59.05 Med: 69.13 Max: 78.06
Current: 65.7

During the past 13 years, Sekisui Kasei Co's highest Days Payable was 78.06. The lowest was 59.05. And the median was 69.13.

TSE:4228's Days Payable is ranked better than
54.88% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs TSE:4228: 65.70

Sekisui Kasei Co's Days Payable declined from Dec. 2022 (68.33) to Dec. 2023 (66.19). It may suggest that Sekisui Kasei Co accelerated paying its suppliers.

Sekisui Kasei Co Days Payable Historical Data

The historical data trend for Sekisui Kasei 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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Sekisui Kasei Co Days Payable Chart

Sekisui Kasei Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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78.06

59.05

60.42

62.00

60.35

Sekisui Kasei 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															68.33	68.38	62.26	61.43	66.19

Competitive Comparison of Sekisui Kasei Co's Days Payable

For the Specialty Chemicals subindustry, Sekisui Kasei 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.

Sekisui Kasei Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Sekisui Kasei Co's Days Payable falls into.

Sekisui Kasei 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.

Sekisui Kasei 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
=	( (16065	+	17026)	/	2 )	/	100072	*	365
=	16545.5					/	100072	*	365
=	60.35

Sekisui Kasei 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
=	( (18873	+	19189)	/	2 )	/	26237	*	365 / 4
=	19031					/	26237	*	365 / 4
=	66.19

Sekisui Kasei Co Days Payable Related Terms

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Sekisui Kasei Co (TSE:4228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sekisui Kasei Co Ltd (TSE:4228) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-4 Nishitenma, Kita-ku, Osaka, JPN, 530-8565

Website

http://www.sekisuikasei.com

Sekisui Kasei Co Ltd is a plastic provider solution company. The company is engaged in manufacture and sale of foamed plastic and other plastic products. It operates in two segments, Human Life, and Industry. The products in human life segment include Eslen beads, Eslen sheet, Eslen wood, Interforms, ES molded products such as ES Dan mat, Eslen block used in agricultural and fishery materials, food packaging materials, distribution materials, construction materials, civil engineering materials. The products in Industry segment are Pioceran, Literon, Neomicrolen, Serpet, Techpolymer, Technogel, Techheater, Elastil, Formac, ST-LAYER used in automotive materials, vehicle parts packaging, industrial materials, industrial packaging, electronic component materials, medical and health materials.

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