Ogura Clutch Co (TSE:6408) Days Payable : 36.54 (As of Dec. 2023)

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What is Ogura Clutch Co Days Payable?

Ogura Clutch Co's average Accounts Payable for the three months ended in Dec. 2023 was 円3,775 Mil. Ogura Clutch Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円9,426 Mil. Hence, Ogura Clutch Co's Days Payable for the three months ended in Dec. 2023 was 36.54.

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

TSE:6408' s Days Payable Range Over the Past 10 Years
Min: 37.71 Med: 78.85 Max: 101.82
Current: 37.71

During the past 13 years, Ogura Clutch Co's highest Days Payable was 101.82. The lowest was 37.71. And the median was 78.85.

TSE:6408's Days Payable is ranked worse than
82.62% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs TSE:6408: 37.71

Ogura Clutch Co's Days Payable increased from Dec. 2022 (35.64) to Dec. 2023 (36.54). It may suggest that Ogura Clutch Co delayed paying its suppliers.

Ogura Clutch Co Days Payable Historical Data

The historical data trend for Ogura Clutch 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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Ogura Clutch Co Days Payable Chart

Ogura Clutch Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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66.79

43.57

47.76

43.44

41.57

Ogura Clutch 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															35.64	36.76	40.06	37.74	36.54

Competitive Comparison of Ogura Clutch Co's Days Payable

For the Specialty Industrial Machinery subindustry, Ogura Clutch 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.

Ogura Clutch Co's Days Payable Distribution in the Industrial Products Industry

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

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

Ogura Clutch 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.

Ogura Clutch 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
=	( (4307	+	4119)	/	2 )	/	36996	*	365
=	4213					/	36996	*	365
=	41.57

Ogura Clutch 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
=	( (3741	+	3809)	/	2 )	/	9426	*	365 / 4
=	3775					/	9426	*	365 / 4
=	36.54

Ogura Clutch Co Days Payable Related Terms

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Ogura Clutch Co (TSE:6408) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ogura Clutch Co Ltd (TSE:6408) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-678, Aioi-cho, Gumma Perfecture, Kiryu, JPN

Website

http://www.oguraclutch.co.jp

Ogura Clutch Co., Ltd. is engaged in manufacturing and selling of various types of clutch brakes for office machines, machine tools, construction machines and industrial machines, fiber tensioner, automotive A/C clutches, superchargers, power clutches, oil mist separators, high-pressure coolant systems, disaster prevention systems, among others.

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