TOKYO PRINTING INK MFG Co (TSE:4635) Days Payable : 103.08 (As of Dec. 2023)

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What is TOKYO PRINTING INK MFG Co Days Payable?

TOKYO PRINTING INK MFG Co's average Accounts Payable for the three months ended in Dec. 2023 was 円11,092 Mil. TOKYO PRINTING INK MFG Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円9,819 Mil. Hence, TOKYO PRINTING INK MFG Co's Days Payable for the three months ended in Dec. 2023 was 103.08.

The historical rank and industry rank for TOKYO PRINTING INK MFG Co's Days Payable or its related term are showing as below:

TSE:4635' s Days Payable Range Over the Past 10 Years
Min: 91.21 Med: 101.99 Max: 112.55
Current: 103.67

During the past 13 years, TOKYO PRINTING INK MFG Co's highest Days Payable was 112.55. The lowest was 91.21. And the median was 101.99.

TSE:4635's Days Payable is ranked better than
77.29% of 1497 companies
in the Chemicals industry
Industry Median: 60.59 vs TSE:4635: 103.67

TOKYO PRINTING INK MFG Co's Days Payable increased from Dec. 2022 (96.29) to Dec. 2023 (103.08). It may suggest that TOKYO PRINTING INK MFG Co delayed paying its suppliers.

TOKYO PRINTING INK MFG Co Days Payable Historical Data

The historical data trend for TOKYO PRINTING INK MFG 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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TOKYO PRINTING INK MFG Co Days Payable Chart

TOKYO PRINTING INK MFG Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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112.55

103.07

97.40

91.89

91.21

TOKYO PRINTING INK MFG 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															96.29	103.69	95.80	102.46	103.08

Competitive Comparison of TOKYO PRINTING INK MFG Co's Days Payable

For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's Days Payable distribution charts can be found below:

* The bar in red indicates where TOKYO PRINTING INK MFG Co's Days Payable falls into.

TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG 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
=	( (9051	+	9713)	/	2 )	/	37545	*	365
=	9382					/	37545	*	365
=	91.21

TOKYO PRINTING INK MFG 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
=	( (10823	+	11361)	/	2 )	/	9819	*	365 / 4
=	11092					/	9819	*	365 / 4
=	103.08

TOKYO PRINTING INK MFG Co Days Payable Related Terms

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TOKYO PRINTING INK MFG Co (TSE:4635) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TOKYO PRINTING INK MFG Co Ltd (TSE:4635) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-4 Oji, Kita-ku, Tokyo, JPN

Website

http://www.tokyoink.co.jp

TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.

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