Kunimine Industries Co (TSE:5388) Days Payable : 29.42 (As of Dec. 2023)

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What is Kunimine Industries Co Days Payable?

Kunimine Industries Co's average Accounts Payable for the three months ended in Dec. 2023 was 円972 Mil. Kunimine Industries Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,015 Mil. Hence, Kunimine Industries Co's Days Payable for the three months ended in Dec. 2023 was 29.42.

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

TSE:5388' s Days Payable Range Over the Past 10 Years
Min: 25.1 Med: 38.32 Max: 66.16
Current: 30.37

During the past 13 years, Kunimine Industries Co's highest Days Payable was 66.16. The lowest was 25.10. And the median was 38.32.

TSE:5388's Days Payable is ranked worse than
84.86% of 370 companies
in the Building Materials industry
Industry Median: 67.875 vs TSE:5388: 30.37

Kunimine Industries Co's Days Payable increased from Dec. 2022 (28.23) to Dec. 2023 (29.42). It may suggest that Kunimine Industries Co delayed paying its suppliers.

Kunimine Industries Co Days Payable Historical Data

The historical data trend for Kunimine Industries 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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Kunimine Industries Co Days Payable Chart

Kunimine Industries Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

27.48

35.29

41.35

27.00

25.10

Kunimine Industries 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															28.23	29.91	29.48	32.48	29.42

Competitive Comparison of Kunimine Industries Co's Days Payable

For the Building Materials subindustry, Kunimine Industries 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.

Kunimine Industries Co's Days Payable Distribution in the Building Materials Industry

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

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

Kunimine Industries 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.

Kunimine Industries 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
=	( (680.289	+	894.401)	/	2 )	/	11448.437	*	365
=	787.345					/	11448.437	*	365
=	25.10

Kunimine Industries 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
=	( (1041.619	+	902.304)	/	2 )	/	3014.957	*	365 / 4
=	971.9615					/	3014.957	*	365 / 4
=	29.42

Kunimine Industries Co Days Payable Related Terms

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Kunimine Industries Co (TSE:5388) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kunimine Industries Co Ltd (TSE:5388) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-10-5 Iwamoto-cho, Chiyoda-ku, Tokyo, JPN, 101 0032

Website

http://www.kunimine.co.jp

Kunimine Industries Co., Ltd manufactures bentonite for casting, civil engineering & as toilet sands for pets. It also manufactures agricultural & water treating chemicals, medicines, cosmetics, animal drugs, & feed additives, among others. Its products are used as raw materials for various products, including materials for civil engineering and construction works, industrial products, and familiar products such as cosmetics and medical products.

Kunimine Industries Co (TSE:5388) Headlines

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