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Hamai Industries (TSE:6497) Days Payable : 29.82 (As of Jun. 2024)


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What is Hamai Industries Days Payable?

Hamai Industries's average Accounts Payable for the three months ended in Jun. 2024 was 円744 Mil. Hamai Industries's Cost of Goods Sold for the three months ended in Jun. 2024 was 円2,277 Mil. Hence, Hamai Industries's Days Payable for the three months ended in Jun. 2024 was 29.82.

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

TSE:6497' s Days Payable Range Over the Past 10 Years
Min: 24.21   Med: 44.39   Max: 100.99
Current: 27.98

During the past 13 years, Hamai Industries's highest Days Payable was 100.99. The lowest was 24.21. And the median was 44.39.

TSE:6497's Days Payable is ranked worse than
89.92% of 2947 companies
in the Industrial Products industry
Industry Median: 75.59 vs TSE:6497: 27.98

Hamai Industries's Days Payable declined from Jun. 2023 (34.71) to Jun. 2024 (29.82). It may suggest that Hamai Industries accelerated paying its suppliers.


Hamai Industries Days Payable Historical Data

The historical data trend for Hamai Industries'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.

Hamai Industries Days Payable Chart

Hamai Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.49 62.81 28.06 27.73 28.23

Hamai Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.71 31.64 25.57 29.18 29.82

Competitive Comparison of Hamai Industries's Days Payable

For the Metal Fabrication subindustry, Hamai Industries'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.


Hamai Industries's Days Payable Distribution in the Industrial Products Industry

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

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



Hamai Industries 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.

Hamai Industries's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (667.652 + 706.744) / 2 ) / 8884.744*365
=687.198 / 8884.744*365
=28.23

Hamai Industries's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (866.625 + 621.554) / 2 ) / 2277.291*365 / 4
=744.0895 / 2277.291*365 / 4
=29.82

* 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.


Hamai Industries Days Payable Related Terms

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Hamai Industries Business Description

Traded in Other Exchanges
N/A
Address
Nishi Gotanda 7-7-7, SG Square, 2nd Floor, Shinagawa-ku, Tokyo, JPN, 141-8512
Hamai Industries Ltd is a Japan based valve manufacturer. It manufactures and sells ball valve, LP gas valves, high pressure valve and clean energy related equipment. The company also engages in offering real estate leasing services, and manufactures, sells and repairs medical devices.

Hamai Industries Headlines

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