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Flobal (TSE:7132) Days Payable : 18.50 (As of Sep. 2023)


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What is Flobal Days Payable?

Flobal's average Accounts Payable for the six months ended in Sep. 2023 was 円223 Mil. Flobal's Cost of Goods Sold for the six months ended in Sep. 2023 was 円2,202 Mil. Hence, Flobal's Days Payable for the six months ended in Sep. 2023 was 18.50.

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

TSE:7132' s Days Payable Range Over the Past 10 Years
Min: 23.02   Med: 35.08   Max: 38.93
Current: 23.02

During the past 4 years, Flobal's highest Days Payable was 38.93. The lowest was 23.02. And the median was 35.08.

TSE:7132's Days Payable is not ranked
in the Industrial Distribution industry.
Industry Median: 52.76 vs TSE:7132: 23.02

Flobal's Days Payable declined from Sep. 2022 (29.98) to Sep. 2023 (18.50). It may suggest that Flobal accelerated paying its suppliers.


Flobal Days Payable Historical Data

The historical data trend for Flobal'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.

Flobal Days Payable Chart

Flobal Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Payable
36.64 38.93 33.51 23.15

Flobal Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial 33.09 33.91 29.98 24.42 18.50

Competitive Comparison of Flobal's Days Payable

For the Industrial Distribution subindustry, Flobal'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.


Flobal's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Flobal's Days Payable distribution charts can be found below:

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



Flobal 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.

Flobal'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
=( (359.694 + 199.139) / 2 ) / 4404.539*365
=279.4165 / 4404.539*365
=23.15

Flobal's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (199.139 + 247.439) / 2 ) / 2202.381*365 / 2
=223.289 / 2202.381*365 / 2
=18.50

* 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.


Flobal Days Payable Related Terms

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Flobal (TSE:7132) Business Description

Traded in Other Exchanges
N/A
Address
1-15-10, Nishihonmachi, Nishi-ku, 14th Floor, Tatsuno Nishihonmachi Building, Osaka, JPN, 550-0005
Flobal Corp is engaged in trading and manufacturing plumbing parts and components, including connectors, valves, and metal fittings for hoses.

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