Okabe Co (TSE:5959) Days Payable : 35.73 (As of Mar. 2024)

View and export this data going back to 1972. Start your Free Trial

What is Okabe Co Days Payable?

Okabe Co's average Accounts Payable for the three months ended in Mar. 2024 was 円4,248 Mil. Okabe Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円10,850 Mil. Hence, Okabe Co's Days Payable for the three months ended in Mar. 2024 was 35.73.

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

TSE:5959' s Days Payable Range Over the Past 10 Years
Min: 29.69 Med: 35.92 Max: 47.59
Current: 31.66

During the past 13 years, Okabe Co's highest Days Payable was 47.59. The lowest was 29.69. And the median was 35.92.

TSE:5959's Days Payable is ranked worse than
87.23% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs TSE:5959: 31.66

Okabe Co's Days Payable increased from Mar. 2023 (33.88) to Mar. 2024 (35.73). It may suggest that Okabe Co delayed paying its suppliers.

Okabe Co Days Payable Historical Data

The historical data trend for Okabe 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.

* Premium members only.

Okabe Co Days Payable Chart

Okabe Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

36.85

36.22

37.22

33.34

29.69

Okabe Co 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															33.88	32.08	32.67	30.11	35.73

Competitive Comparison of Okabe Co's Days Payable

For the Building Products & Equipment subindustry, Okabe 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.

Okabe Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Okabe Co's Days Payable distribution charts can be found below:

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

Okabe 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.

Okabe Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (5085	+	4169)	/	2 )	/	56875	*	365
=	4627					/	56875	*	365
=	29.69

Okabe 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
=	( (4169	+	4327)	/	2 )	/	10850	*	365 / 4
=	4248					/	10850	*	365 / 4
=	35.73

Okabe Co Days Payable Related Terms

Thank you for viewing the detailed overview of Okabe Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Okabe Co (TSE:5959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Okabe Co Ltd (TSE:5959) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-8-2, Oshiage, Sumida-ku, Tokyo, JPN

Website

http://www.okabe.co.jp

Okabe Co Ltd is a construction and engineering products manufacturer. The company operates its business through its subsidiaries in three segments Construction-related products, Automotive products, and Other businesses. It develops, manufactures and markets temporary building and formwork products. The company designs and sells automotive bolts and screw nuts in the U.S. The company's marine business involves the development, manufacture, and sale of marine materials.

Okabe Co (TSE:5959) Headlines

No Headlines