Galilei Co (TSE:6420) Days Payable : 89.05 (As of Sep. 2024)

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What is Galilei Co Days Payable?

Galilei Co's average Accounts Payable for the three months ended in Sep. 2024 was 円23,055 Mil. Galilei Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円23,625 Mil. Hence, Galilei Co's Days Payable for the three months ended in Sep. 2024 was 89.05.

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

TSE:6420' s Days Payable Range Over the Past 10 Years
Min: 97.64 Med: 118.38 Max: 123.12
Current: 97.64

During the past 13 years, Galilei Co's highest Days Payable was 123.12. The lowest was 97.64. And the median was 118.38.

TSE:6420's Days Payable is ranked better than
61.71% of 2943 companies
in the Industrial Products industry
Industry Median: 76.37 vs TSE:6420: 97.64

Galilei Co's Days Payable declined from Sep. 2023 (97.23) to Sep. 2024 (89.05). It may suggest that Galilei Co accelerated paying its suppliers.

Galilei Co Days Payable Historical Data

The historical data trend for Galilei 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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Galilei Co Days Payable Chart

Galilei Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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115.95

121.62

107.76

99.64

99.15

Galilei Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															97.80	99.33	106.32	89.05	91.67

Competitive Comparison of Galilei Co's Days Payable

For the Specialty Industrial Machinery subindustry, Galilei 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.

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

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

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

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Galilei 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.

Galilei 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
=	( (20760	+	24562)	/	2 )	/	83418	*	365
=	22661					/	83418	*	365
=	99.15

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

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (24139	+	21970)	/	2 )	/	23625	*	365 / 4
=	23054.5					/	23625	*	365 / 4
=	89.05

Galilei Co Days Payable Related Terms

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Galilei Co Business Description

Industry

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Address

3-16-11 Mitejima, Nishi Yodogawa-ku, Osaka, JPN, 555-0012

Website

http://www.fukusima.co.jp

Galilei Co Ltd formerly Fukushima Galilei Co Ltd is a Japanese company that manufactures and sells commercial refrigerators, refrigerated showcase, other refrigeration application equipment. It also offers maintenance services to store systems, design, and construction of the kitchen integrated system. Its product offerings include commercial freezer refrigerators, blast chillers, refrigerated showcases, and RO water generation devices..

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