GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Origin Co Ltd (TSE:6513) » Definitions » Days Payable

Origin Co (TSE:6513) Days Payable : 36.27 (As of Dec. 2023)


View and export this data going back to 1961. Start your Free Trial

What is Origin Co Days Payable?

Origin Co's average Accounts Payable for the three months ended in Dec. 2023 was 円2,186 Mil. Origin Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,498 Mil. Hence, Origin Co's Days Payable for the three months ended in Dec. 2023 was 36.27.

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

TSE:6513' s Days Payable Range Over the Past 10 Years
Min: 37.17   Med: 50.56   Max: 103.52
Current: 37.17

During the past 13 years, Origin Co's highest Days Payable was 103.52. The lowest was 37.17. And the median was 50.56.

TSE:6513's Days Payable is ranked worse than
66.63% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs TSE:6513: 37.17

Origin Co's Days Payable declined from Dec. 2022 (43.40) to Dec. 2023 (36.27). It may suggest that Origin Co accelerated paying its suppliers.


Origin Co Days Payable Historical Data

The historical data trend for Origin 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.

* Premium members only.

Origin Co Days Payable Chart

Origin Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.88 41.36 43.48 44.49 42.91

Origin 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 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 43.40 38.22 38.24 35.81 36.27

Competitive Comparison of Origin Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Origin 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.


Origin Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Origin Co's Days Payable distribution charts can be found below:

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



Origin 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.

Origin 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
=( (3538.011 + 2254.23) / 2 ) / 24637.107*365
=2896.1205 / 24637.107*365
=42.91

Origin 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
=( (2208 + 2163) / 2 ) / 5498*365 / 4
=2185.5 / 5498*365 / 4
=36.27

* 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.


Origin Co Days Payable Related Terms

Thank you for viewing the detailed overview of Origin Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Origin Co (TSE:6513) Business Description

Traded in Other Exchanges
N/A
Address
11-2, Shintoshin, Chuo-ku, Saitama-ken, Land Axis Tower 13th Floor, Saitama-shi, JPN, 330-6013
Origin Co Ltd is engaged in manufacturing and sales of power equipment, semiconductor devices, precision mechanical parts, system equipment and synthetic resin paints. Its business activities are divided into four divisions including Electronic, Chemitronics, Mechatronics and Components. The Electronics division promotes technological development of power supply equipment. Chemitronics division develops environmentally-friendly paints, water-based paints, benzene, solvent-based paints without toluene and xylene. The Mechatronics division develops cap sealer for semiconductor, vacuum soldering system, among others. Components division is engaged in the development of semiconductor power device technology and the development of original custom made precision mechanical parts.

Origin Co (TSE:6513) Headlines

No Headlines