GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Akasaka Diesels Ltd (TSE:6022) » Definitions » Days Payable

Akasaka Diesels (TSE:6022) Days Payable : 93.54 (As of Dec. 2023)


View and export this data going back to 1961. Start your Free Trial

What is Akasaka Diesels Days Payable?

Akasaka Diesels's average Accounts Payable for the three months ended in Dec. 2023 was 円1,532 Mil. Akasaka Diesels's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,495 Mil. Hence, Akasaka Diesels's Days Payable for the three months ended in Dec. 2023 was 93.54.

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

TSE:6022' s Days Payable Range Over the Past 10 Years
Min: 77.97   Med: 94.93   Max: 113.62
Current: 94.3

During the past 13 years, Akasaka Diesels's highest Days Payable was 113.62. The lowest was 77.97. And the median was 94.93.

TSE:6022's Days Payable is ranked better than
56.9% of 297 companies
in the Aerospace & Defense industry
Industry Median: 75.31 vs TSE:6022: 94.30

Akasaka Diesels's Days Payable declined from Dec. 2022 (100.04) to Dec. 2023 (93.54). It may suggest that Akasaka Diesels accelerated paying its suppliers.


Akasaka Diesels Days Payable Historical Data

The historical data trend for Akasaka Diesels'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.

Akasaka Diesels Days Payable Chart

Akasaka Diesels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.62 107.71 100.81 86.90 83.14

Akasaka Diesels 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.04 105.70 87.60 93.63 93.54

Competitive Comparison of Akasaka Diesels's Days Payable

For the Aerospace & Defense subindustry, Akasaka Diesels'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.


Akasaka Diesels's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Akasaka Diesels's Days Payable distribution charts can be found below:

* The bar in red indicates where Akasaka Diesels's Days Payable falls into.



Akasaka Diesels 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.

Akasaka Diesels'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
=( (1016.728 + 1340.957) / 2 ) / 5175.16*365
=1178.8425 / 5175.16*365
=83.14

Akasaka Diesels'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
=( (1544.403 + 1520.081) / 2 ) / 1494.683*365 / 4
=1532.242 / 1494.683*365 / 4
=93.54

* 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.


Akasaka Diesels Days Payable Related Terms

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


Akasaka Diesels (TSE:6022) Business Description

Traded in Other Exchanges
N/A
Address
Yurakucho 1 - chome, Yurakucho Electric Building, 14th Floor, South Building, Chiyoda-ku, Tokyo, JPN, 100-0006
Akasaka Diesels Ltd is a Japan-based machinery manufacturing company. It is mainly engaged in the design, manufacture, and sale of the marine diesel engine and other machinery and equipment. It offers marine and industrial machinery products including 4stroke engine, 2stroke engine, remote controller, institution monitoring equipment, vibration, and noise reduction technology, and air motor. The company is also engaged in selling and leasing of marine equipment, oceanographic instruments, environmental pollution control equipment, satellite utilization measuring equipment, astronomical observation equipment, castings, forged steel products, movable property, and real estate.

Akasaka Diesels (TSE:6022) Headlines

No Headlines