Shibaura Mechatronics (TSE:6590) Days Payable : 124.88 (As of Dec. 2023)

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What is Shibaura Mechatronics Days Payable?

Shibaura Mechatronics's average Accounts Payable for the three months ended in Dec. 2023 was 円14,197 Mil. Shibaura Mechatronics's Cost of Goods Sold for the three months ended in Dec. 2023 was 円10,374 Mil. Hence, Shibaura Mechatronics's Days Payable for the three months ended in Dec. 2023 was 124.88.

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

TSE:6590' s Days Payable Range Over the Past 10 Years
Min: 112.09 Med: 127.06 Max: 148.33
Current: 117.05

During the past 13 years, Shibaura Mechatronics's highest Days Payable was 148.33. The lowest was 112.09. And the median was 127.06.

TSE:6590's Days Payable is ranked better than
76.95% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs TSE:6590: 117.05

Shibaura Mechatronics's Days Payable increased from Dec. 2022 (118.82) to Dec. 2023 (124.88). It may suggest that Shibaura Mechatronics delayed paying its suppliers.

Shibaura Mechatronics Days Payable Historical Data

The historical data trend for Shibaura Mechatronics'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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Shibaura Mechatronics Days Payable Chart

Shibaura Mechatronics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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148.33

127.87

123.24

113.57

112.82

Shibaura Mechatronics 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															127.22	121.37	117.03	124.88	110.56

Competitive Comparison of Shibaura Mechatronics's Days Payable

For the Electronic Components subindustry, Shibaura Mechatronics'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.

Shibaura Mechatronics's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shibaura Mechatronics's Days Payable distribution charts can be found below:

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

Shibaura Mechatronics 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.

Shibaura Mechatronics'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
=	( (11518	+	13473)	/	2 )	/	40425	*	365
=	12495.5					/	40425	*	365
=	112.82

Shibaura Mechatronics'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
=	( (13583	+	14811)	/	2 )	/	10374	*	365 / 4
=	14197					/	10374	*	365 / 4
=	124.88

Shibaura Mechatronics Days Payable Related Terms

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Shibaura Mechatronics (TSE:6590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shibaura Mechatronics Corp (TSE:6590) » Definitions » Days Payable

Comparable Companies

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N/A

Address

2-5-1, Kasama, Sakae-ku, Yokohama, Kanagawa, JPN, 247-8610

Website

http://www.shibaura.co.jp

Shibaura Mechatronics Corp is a Japanese infrastructure provider. The company is engaged in the development of manufacturing equipment for flat panel displays, semiconductors, electronic components and optical thin films. Its products include wet cleaning equipment, stripping equipment, advanced reticle etching system, chemical dry etching equipment, automation system, manufacturing equipment, pattern cutting equipment, among others. It also offers various services including maintenance, overhauls, machine management, and repair.

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