CMK (TSE:6958) Days Payable : 57.00 (As of Dec. 2023)

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What is CMK Days Payable?

CMK's average Accounts Payable for the three months ended in Dec. 2023 was 円12,171 Mil. CMK's Cost of Goods Sold for the three months ended in Dec. 2023 was 円19,482 Mil. Hence, CMK's Days Payable for the three months ended in Dec. 2023 was 57.00.

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

TSE:6958' s Days Payable Range Over the Past 10 Years
Min: 51.61 Med: 60.65 Max: 63.34
Current: 54.46

During the past 13 years, CMK's highest Days Payable was 63.34. The lowest was 51.61. And the median was 60.65.

TSE:6958's Days Payable is ranked worse than
63.07% of 2421 companies
in the Hardware industry
Industry Median: 67.87 vs TSE:6958: 54.46

CMK's Days Payable declined from Dec. 2022 (57.86) to Dec. 2023 (57.00). It may suggest that CMK accelerated paying its suppliers.

CMK Days Payable Historical Data

The historical data trend for CMK'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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CMK Days Payable Chart

CMK Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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61.66

58.22

60.55

62.37

58.36

CMK 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															57.86	53.54	50.82	53.02	57.00

Competitive Comparison of CMK's Days Payable

For the Electronic Components subindustry, CMK'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.

CMK's Days Payable Distribution in the Hardware Industry

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

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

CMK 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.

CMK'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
=	( (12506	+	10265)	/	2 )	/	71207	*	365
=	11385.5					/	71207	*	365
=	58.36

CMK'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
=	( (11706	+	12635)	/	2 )	/	19482	*	365 / 4
=	12170.5					/	19482	*	365 / 4
=	57.00

CMK Days Payable Related Terms

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CMK (TSE:6958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CMK Corp (TSE:6958) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

43F Shinjuku I-Land Tower Building, 6-5-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1388

Website

http://www.cmk-corp.com

CMK Corp engages in manufacturing, development, production, and marketing of printed circuit boards and electronic devices for a consumer and industrial use. Its product portfolio includes super fine PPBU, Craft, SEPT series, Zerowarp, CMK automotive printed wiring board, Cu inlay printed wiring board, Rigid Flex Series, ALIVH series, E-Spec environmentally friendly printed wiring boards, IVH multilayer printed wiring boards, through-hole multilayer printed wiring boards, and Double sided through-hole printed wiring boards. Its products are used in automobiles, digital cameras, video cameras, mobile communication devices, and audio-video visual equipments.

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