Sanden (TSE:6444) Days Payable : 86.93 (As of Mar. 2024)

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What is Sanden Days Payable?

Sanden's average Accounts Payable for the three months ended in Mar. 2024 was 円38,318 Mil. Sanden's Cost of Goods Sold for the three months ended in Mar. 2024 was 円40,223 Mil. Hence, Sanden's Days Payable for the three months ended in Mar. 2024 was 86.93.

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

TSE:6444' s Days Payable Range Over the Past 10 Years
Min: 78.27 Med: 82.95 Max: 88.59
Current: 84.89

During the past 13 years, Sanden's highest Days Payable was 88.59. The lowest was 78.27. And the median was 82.95.

TSE:6444's Days Payable is ranked better than
64.32% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs TSE:6444: 84.89

Sanden's Days Payable declined from Mar. 2023 (87.18) to Mar. 2024 (86.93). It may suggest that Sanden accelerated paying its suppliers.

Sanden Days Payable Historical Data

The historical data trend for Sanden'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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Sanden Days Payable Chart

Sanden Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Dec22

Days Payable

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82.71

83.19

84.35

88.59

81.48

Sanden 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															87.18	83.85	86.00	82.55	86.93

Competitive Comparison of Sanden's Days Payable

For the Auto Parts subindustry, Sanden'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.

Sanden's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanden's Days Payable distribution charts can be found below:

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

Sanden 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.

Sanden's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (33030	+	35737)	/	2 )	/	154030	*	365
=	34383.5					/	154030	*	365
=	81.48

Sanden'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
=	( (38099	+	38536)	/	2 )	/	40223	*	365 / 4
=	38317.5					/	40223	*	365 / 4
=	86.93

Sanden Days Payable Related Terms

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Sanden (TSE:6444) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sanden Corp (TSE:6444) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Kotobuki-cho, Gunma, Isesaki, JPN, 372-8502

Website

https://www.sanden.co.jp

Sanden Corp is a Japan-based company that primarily operates through two segments. The company's automotive systems segment manufactures and distributes automotive air conditioning systems and air-conditioner compressors. The commercial store systems segment manufactures and distributes automatic vending machines, commercial freezers, and refrigerated showcases. Sanden Holdings' products are provided to customers including multinational automobile makers, beverage manufacturers, and home users. The company generates the majority of its sales from the Asian market.

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