GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KOIKE SANSO KOGYO Co Ltd (TSE:6137) » Definitions » Days Payable

KOIKENSO KOGYO Co (TSE:6137) Days Payable : 67.51 (As of Dec. 2023)


View and export this data going back to 1969. Start your Free Trial

What is KOIKENSO KOGYO Co Days Payable?

KOIKENSO KOGYO Co's average Accounts Payable for the three months ended in Dec. 2023 was 円6,434 Mil. KOIKENSO KOGYO Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,697 Mil. Hence, KOIKENSO KOGYO Co's Days Payable for the three months ended in Dec. 2023 was 67.51.

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

TSE:6137' s Days Payable Range Over the Past 10 Years
Min: 66.92   Med: 83.68   Max: 118.39
Current: 66.92

During the past 13 years, KOIKENSO KOGYO Co's highest Days Payable was 118.39. The lowest was 66.92. And the median was 83.68.

TSE:6137's Days Payable is ranked worse than
57.36% of 2922 companies
in the Industrial Products industry
Industry Median: 76.705 vs TSE:6137: 66.92

KOIKENSO KOGYO Co's Days Payable declined from Dec. 2022 (70.41) to Dec. 2023 (67.51). It may suggest that KOIKENSO KOGYO Co accelerated paying its suppliers.


KOIKENSO KOGYO Co Days Payable Historical Data

The historical data trend for KOIKENSO KOGYO 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.

KOIKENSO KOGYO Co Days Payable Chart

KOIKENSO KOGYO Co 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 84.81 83.90 81.34 72.84 69.51

KOIKENSO KOGYO 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 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 70.41 63.00 73.66 63.02 67.51

Competitive Comparison of KOIKENSO KOGYO Co's Days Payable

For the Specialty Industrial Machinery subindustry, KOIKENSO KOGYO 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.


KOIKENSO KOGYO Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KOIKENSO KOGYO Co's Days Payable distribution charts can be found below:

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



KOIKENSO KOGYO 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.

KOIKENSO KOGYO 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
=( (6176 + 6717) / 2 ) / 33851*365
=6446.5 / 33851*365
=69.51

KOIKENSO KOGYO 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
=( (6158 + 6710) / 2 ) / 8697*365 / 4
=6434 / 8697*365 / 4
=67.51

* 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.


KOIKENSO KOGYO Co Days Payable Related Terms

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


KOIKENSO KOGYO Co (TSE:6137) Business Description

Traded in Other Exchanges
N/A
Address
3-4-8 Taihei, Sumida-ku, Tokyo,, JPN, 130-8691
KOIKE SANSO KOGYO Co Ltd is a Japan-based machine manufacturer. The company is engaged in the manufacturing and sale of processing machines and systems for welding and cutting and related products. The products offered by the company include gas equipment, exhaust gas treatment equipment, cutting and welding machine. The company caters its products and services to shipbuilding, steel bridges, construction machinery, industrial machinery, automobiles, electric products, and semiconductor industries. KOIKE SANSO KOGYO sells its products in Japan and overseas market.

KOIKENSO KOGYO Co (TSE:6137) Headlines

No Headlines