HKS Co (TSE:7219) Days Payable : 21.54 (As of Feb. 2024)

View and export this data going back to 1999. Start your Free Trial

What is HKS Co Days Payable?

HKS Co's average Accounts Payable for the three months ended in Feb. 2024 was 円305 Mil. HKS Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,294 Mil. Hence, HKS Co's Days Payable for the three months ended in Feb. 2024 was 21.54.

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

TSE:7219' s Days Payable Range Over the Past 10 Years
Min: 17.35 Med: 25.64 Max: 58.73
Current: 23.01

During the past 13 years, HKS Co's highest Days Payable was 58.73. The lowest was 17.35. And the median was 25.64.

TSE:7219's Days Payable is ranked worse than
90.78% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs TSE:7219: 23.01

HKS Co's Days Payable declined from Feb. 2023 (28.15) to Feb. 2024 (21.54). It may suggest that HKS Co accelerated paying its suppliers.

HKS Co Days Payable Historical Data

The historical data trend for HKS 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.

HKS Co Days Payable Chart

HKS Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

Get a 7-Day Free Trial

19.66

22.63

23.66

27.62

22.85

HKS Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															28.15	25.47	22.17	23.03	21.54

Competitive Comparison of HKS Co's Days Payable

For the Auto Parts subindustry, HKS 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.

HKS Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HKS Co's Days Payable distribution charts can be found below:

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

HKS 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.

HKS Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (371.781	+	311.671)	/	2 )	/	5459.548	*	365
=	341.726					/	5459.548	*	365
=	22.85

HKS Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (303.389	+	307.589)	/	2 )	/	1294.368	*	365 / 4
=	305.489					/	1294.368	*	365 / 4
=	21.54

HKS Co Days Payable Related Terms

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

HKS Co (TSE:7219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HKS Co Ltd (TSE:7219) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2266 Kamiide, Shizuoka Prefecture, Fujinomiya, JPN, 418 0192

Website

http://www.hks-power.co.jp

HKS Co Ltd is a Japan-based company engaged in the design, development, and manufacturing of automobile parts including original exhaust systems and suspension, turbocharger, suspensions, electronic parts, and related parts are mainstream. In addition, the company is also involved in the CNG business, Bi-fuel business, LSA engine business and Contract and OEM business. In the CNG business, the company carries out the activity of converting the diesel engine into CNG engine.

HKS Co (TSE:7219) Headlines

No Headlines