Tatsuta Electric Wire and Cable Co (TSE:5809) Days Payable : 27.97 (As of Mar. 2024)

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What is Tatsuta Electric Wire and Cable Co Days Payable?

Tatsuta Electric Wire and Cable Co's average Accounts Payable for the three months ended in Mar. 2024 was 円4,057 Mil. Tatsuta Electric Wire and Cable Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円13,236 Mil. Hence, Tatsuta Electric Wire and Cable Co's Days Payable for the three months ended in Mar. 2024 was 27.97.

The historical rank and industry rank for Tatsuta Electric Wire and Cable Co's Days Payable or its related term are showing as below:

TSE:5809's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.25
* Ranked among companies with meaningful Days Payable only.

Tatsuta Electric Wire and Cable Co's Days Payable declined from Mar. 2023 (31.53) to Mar. 2024 (27.97). It may suggest that Tatsuta Electric Wire and Cable Co accelerated paying its suppliers.

Tatsuta Electric Wire and Cable Co Days Payable Historical Data

The historical data trend for Tatsuta Electric Wire and Cable 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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Tatsuta Electric Wire and Cable Co Days Payable Chart

Tatsuta Electric Wire and Cable Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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30.21

34.11

29.37

29.67

29.02

Tatsuta Electric Wire and Cable Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															30.74	29.84	28.25	27.97	26.36

Competitive Comparison of Tatsuta Electric Wire and Cable Co's Days Payable

For the Electrical Equipment & Parts subindustry, Tatsuta Electric Wire and Cable 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.

Tatsuta Electric Wire and Cable Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tatsuta Electric Wire and Cable Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tatsuta Electric Wire and Cable Co's Days Payable falls into.

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Tatsuta Electric Wire and Cable 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.

Tatsuta Electric Wire and Cable Co'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
=	( (4279	+	3989)	/	2 )	/	51987	*	365
=	4134					/	51987	*	365
=	29.02

Tatsuta Electric Wire and Cable Co'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
=	( (4125	+	3989)	/	2 )	/	13236	*	365 / 4
=	4057					/	13236	*	365 / 4
=	27.97

Tatsuta Electric Wire and Cable Co Days Payable Related Terms

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Tatsuta Electric Wire and Cable Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tatsuta Electric Wire and Cable Co Ltd (TSE:5809) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

2-3-1 Iwata-cho, Osaka Prefecture, Higashiosaka, JPN, 578-8585

Website

http://www.tatsuta.co.jp

Tatsuta Electric Wire and Cable Co Ltd engage in the manufacture and sale of cables, electric wires, device system and optical products, electronic equipment and materials. It produces bare wires, covered wires, power cables, communication cables, accessories, and fittings. The electronic materials unit offers conductive materials and bonding wires. Its offerings include equipment system products business, optical components business, and environmental analysis business.

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