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Visco Technologies (TSE:6698) Days Payable : 71.45 (As of Mar. 2024)


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What is Visco Technologies Days Payable?

Visco Technologies's average Accounts Payable for the three months ended in Mar. 2024 was 円269 Mil. Visco Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was 円343 Mil. Hence, Visco Technologies's Days Payable for the three months ended in Mar. 2024 was 71.45.

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

TSE:6698' s Days Payable Range Over the Past 10 Years
Min: 48.04   Med: 63.51   Max: 80.21
Current: 58.24

During the past 9 years, Visco Technologies's highest Days Payable was 80.21. The lowest was 48.04. And the median was 63.51.

TSE:6698's Days Payable is ranked worse than
60.04% of 2420 companies
in the Hardware industry
Industry Median: 68.235 vs TSE:6698: 58.24

Visco Technologies's Days Payable increased from Mar. 2023 (50.43) to Mar. 2024 (71.45). It may suggest that Visco Technologies delayed paying its suppliers.


Visco Technologies Days Payable Historical Data

The historical data trend for Visco Technologies'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.

Visco Technologies Days Payable Chart

Visco Technologies Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only 73.28 77.92 57.34 48.04 60.66

Visco Technologies 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 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 50.43 56.48 46.26 55.77 71.45

Competitive Comparison of Visco Technologies's Days Payable

For the Electronic Components subindustry, Visco Technologies'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.


Visco Technologies's Days Payable Distribution in the Hardware Industry

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

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



Visco Technologies 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.

Visco Technologies'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
=( (170.671 + 264.374) / 2 ) / 1308.966*365
=217.5225 / 1308.966*365
=60.66

Visco Technologies'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
=( (273.298 + 264.374) / 2 ) / 343.315*365 / 4
=268.836 / 343.315*365 / 4
=71.45

* 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.


Visco Technologies Days Payable Related Terms

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Visco Technologies Business Description

Traded in Other Exchanges
N/A
Address
1-11-1 Kaigan, 20th Floor, New Pier Takeshiba North Tower, Minato-ku, Tokyo, JPN, 105-0022
Visco Technologies Corp is engaged in development, manufacture, sales, and maintenance of machine vision system. It is also engaged in providing Visual Inspection Algorithm, Image Processing Technology, and other solutions. The company's Image Processing Technology comprises of Alignment, Checking, Measuring, Recognition and Existence.

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