Zuiko (TSE:6279) Days Payable : 30.47 (As of Feb. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Zuiko Days Payable?

Zuiko's average Accounts Payable for the three months ended in Feb. 2024 was 円1,293 Mil. Zuiko's Cost of Goods Sold for the three months ended in Feb. 2024 was 円3,873 Mil. Hence, Zuiko's Days Payable for the three months ended in Feb. 2024 was 30.47.

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

TSE:6279' s Days Payable Range Over the Past 10 Years
Min: 5.39 Med: 41.21 Max: 61.99
Current: 35

During the past 13 years, Zuiko's highest Days Payable was 61.99. The lowest was 5.39. And the median was 41.21.

TSE:6279's Days Payable is ranked worse than
85.15% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs TSE:6279: 35.00

Zuiko's Days Payable increased from Feb. 2023 (24.33) to Feb. 2024 (30.47). It may suggest that Zuiko delayed paying its suppliers.

Zuiko Days Payable Historical Data

The historical data trend for Zuiko'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.

Zuiko Days Payable Chart

Zuiko Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

Get a 7-Day Free Trial

52.35

44.21

38.21

33.10

33.39

Zuiko Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															24.33	53.76	36.46	25.90	30.47

Competitive Comparison of Zuiko's Days Payable

For the Specialty Industrial Machinery subindustry, Zuiko'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.

Zuiko's Days Payable Distribution in the Industrial Products Industry

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

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

Zuiko 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.

Zuiko'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
=	( (2025.841	+	1108.409)	/	2 )	/	17132.591	*	365
=	1567.125					/	17132.591	*	365
=	33.39

Zuiko's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (1477.744	+	1108.409)	/	2 )	/	3872.743	*	365 / 4
=	1293.0765					/	3872.743	*	365 / 4
=	30.47

Zuiko Days Payable Related Terms

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

Zuiko (TSE:6279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zuiko Corp (TSE:6279) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-21 Minamibefu, Osaka, Settsu, JPN, 566-0045

Website

http://www.zuiko.co.jp

Zuiko Corp is engaged in the production of machinery used in the manufacture of sanitary napkins and diapers.

Zuiko (TSE:6279) Headlines

No Headlines