JRC Co (TSE:6224) Days Payable : 98.18 (As of Aug. 2024)

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What is JRC Co Days Payable?

JRC Co's average Accounts Payable for the three months ended in Aug. 2024 was 円1,760 Mil. JRC Co's Cost of Goods Sold for the three months ended in Aug. 2024 was 円1,636 Mil. Hence, JRC Co's Days Payable for the three months ended in Aug. 2024 was 98.18.

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

TSE:6224' s Days Payable Range Over the Past 10 Years
Min: 87.66 Med: 88.9 Max: 93.99
Current: 93.28

During the past 3 years, JRC Co's highest Days Payable was 93.99. The lowest was 87.66. And the median was 88.90.

TSE:6224's Days Payable is ranked better than
59.87% of 2943 companies
in the Industrial Products industry
Industry Median: 76.23 vs TSE:6224: 93.28

JRC Co's Days Payable increased from Aug. 2023 (86.21) to Aug. 2024 (98.18). It may suggest that JRC Co delayed paying its suppliers.

JRC Co Days Payable Historical Data

The historical data trend for JRC 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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JRC Co Days Payable Chart

JRC Co Annual Data

Trend

Feb22

Feb23

Feb24

Days Payable

87.66

88.90

93.99

JRC Co Quarterly Data
	Feb22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Days Payable	Get a 7-Day Free Trial			86.21	85.08	88.81	98.48	98.18

Competitive Comparison of JRC Co's Days Payable

For the Specialty Industrial Machinery subindustry, JRC 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.

JRC Co's Days Payable Distribution in the Industrial Products Industry

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

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

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JRC 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.

JRC Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (1584.963	+	1639.051)	/	2 )	/	6259.998	*	365
=	1612.007					/	6259.998	*	365
=	93.99

JRC Co's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

	Days Payable (Q: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2024 )	+	Accounts Payable (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (1655.965	+	1864.54)	/	2 )	/	1636.042	*	365 / 4
=	1760.2525					/	1636.042	*	365 / 4
=	98.18

JRC Co Days Payable Related Terms

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JRC Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JRC Co Ltd (TSE:6224) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-1 Awaza Nishi-ku, Osaka Honmachi Nishi Daiichi Building 6th floor, Osaka-shi, Osaka, JPN, 550-0011

Website

https://www.jrcnet.co.jp

JRC Co Ltd is engaged in designing, manufacturing, and sales of conveyor parts and automated equipment using robots. It is also engaged in the maintenance and improvement of conveyor equipment.

JRC Co Headlines

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