Takara Bio (TSE:4974) Days Payable : 49.49 (As of Mar. 2024)

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What is Takara Bio Days Payable?

Takara Bio's average Accounts Payable for the three months ended in Mar. 2024 was 円2,660 Mil. Takara Bio's Cost of Goods Sold for the three months ended in Mar. 2024 was 円4,904 Mil. Hence, Takara Bio's Days Payable for the three months ended in Mar. 2024 was 49.49.

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

TSE:4974' s Days Payable Range Over the Past 10 Years
Min: 23.41 Med: 41.79 Max: 53.39
Current: 46.71

During the past 13 years, Takara Bio's highest Days Payable was 53.39. The lowest was 23.41. And the median was 41.79.

TSE:4974's Days Payable is ranked worse than
74.76% of 721 companies
in the Biotechnology industry
Industry Median: 148.28 vs TSE:4974: 46.71

Takara Bio's Days Payable increased from Mar. 2023 (18.55) to Mar. 2024 (49.49). It may suggest that Takara Bio delayed paying its suppliers.

Takara Bio Days Payable Historical Data

The historical data trend for Takara Bio'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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Takara Bio Days Payable Chart

Takara Bio Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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34.75

39.85

39.84

23.41

42.51

Takara Bio Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															18.55	55.08	43.96	44.99	49.49

Competitive Comparison of Takara Bio's Days Payable

For the Biotechnology subindustry, Takara Bio'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.

Takara Bio's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Takara Bio's Days Payable distribution charts can be found below:

* The bar in red indicates where Takara Bio's Days Payable falls into.

Takara Bio 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.

Takara Bio'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
=	( (2323	+	1543)	/	2 )	/	16597	*	365
=	1933					/	16597	*	365
=	42.51

Takara Bio's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3776	+	1543)	/	2 )	/	4904	*	365 / 4
=	2659.5					/	4904	*	365 / 4
=	49.49

Takara Bio Days Payable Related Terms

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Takara Bio (TSE:4974) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Takara Bio Inc (TSE:4974) » Definitions » Days Payable

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Traded in Other Exchanges

TF2:Germany

Address

Nojihigashi 7-4-38 Kusatu, Shiga, Otsu, JPN, 520-0058

Website

http://www.takara-bio.co.jp

Takara Bio Inc is a biotechnology company that develops gene therapy procedures. The company reports in three business segments: Bioindustry, Gene therapy, and AgriBio. Takara's bioindustry business provides research reagents, scientific instruments, and various contracted services to universities and companies around the world. The company's gene therapy business is focused on treating cancer and HIV. Its AgriBio business aims to leverage biotechnologies in the food ingredient field, including large-scale mushroom production. The vast majority of Takara's revenue is derived from its bioindustry segment.

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