Kato Works Co (TSE:6390) Days Payable : 35.15 (As of Mar. 2024)

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What is Kato Works Co Days Payable?

Kato Works Co's average Accounts Payable for the three months ended in Mar. 2024 was 円5,365 Mil. Kato Works Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円13,927 Mil. Hence, Kato Works Co's Days Payable for the three months ended in Mar. 2024 was 35.15.

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

TSE:6390' s Days Payable Range Over the Past 10 Years
Min: 30.44 Med: 47.01 Max: 148.04
Current: 42.23

During the past 13 years, Kato Works Co's highest Days Payable was 148.04. The lowest was 30.44. And the median was 47.01.

TSE:6390's Days Payable is ranked worse than
82.52% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 71.915 vs TSE:6390: 42.23

Kato Works Co's Days Payable increased from Mar. 2023 (30.43) to Mar. 2024 (35.15). It may suggest that Kato Works Co delayed paying its suppliers.

Kato Works Co Days Payable Historical Data

The historical data trend for Kato Works 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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Kato Works Co Days Payable Chart

Kato Works Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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44.81

39.73

30.44

39.97

41.68

Kato Works 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															30.43	47.38	36.68	56.87	35.15

Competitive Comparison of Kato Works Co's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Kato Works 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.

Kato Works Co's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kato Works Co's Days Payable distribution charts can be found below:

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

Kato Works 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.

Kato Works Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (5425	+	5303)	/	2 )	/	46978	*	365
=	5364					/	46978	*	365
=	41.68

Kato Works 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
=	( (5426	+	5303)	/	2 )	/	13927	*	365 / 4
=	5364.5					/	13927	*	365 / 4
=	35.15

Kato Works Co Days Payable Related Terms

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Kato Works Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Kato Works Co Ltd (TSE:6390) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-37, Higashi-ohi 1-chome, Shinagawa-ku, Tokyo, JPN, 140-0011

Website

http://www.kato-works.co.jp

Kato Works Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the manufacturing and sales of machinery used for lifting and construction industries. It offers various construction equipments, mobile cranes and industrial equipments including truck cranes, hydraulic excavators, rough terrain cranes, all terrain cranes, crawler cranes, mini excavators, earth boring rigs, vacuum truck, street sweepers, and snow sweepers. Kato also offers parts and services. It has Global network with presence in Iceland, Norway, Netherlands, Ireland, South Africa, Australia, Fiji, Colombia, Taiwan, Bangladesh, Turkey, Kuwait, Iraq, Iran, South Korea, among others.

Kato Works Co Headlines

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