Musashi Seimitsu Industry Co (TSE:7220) Days Payable : 27.37 (As of Sep. 2024)

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What is Musashi Seimitsu Industry Co Days Payable?

Musashi Seimitsu Industry Co's average Accounts Payable for the three months ended in Sep. 2024 was 円21,688 Mil. Musashi Seimitsu Industry Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円72,312 Mil. Hence, Musashi Seimitsu Industry Co's Days Payable for the three months ended in Sep. 2024 was 27.37.

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

TSE:7220' s Days Payable Range Over the Past 10 Years
Min: 27.64 Med: 32.5 Max: 35.08
Current: 27.64

During the past 13 years, Musashi Seimitsu Industry Co's highest Days Payable was 35.08. The lowest was 27.64. And the median was 32.50.

TSE:7220's Days Payable is ranked worse than
87.35% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs TSE:7220: 27.64

Musashi Seimitsu Industry Co's Days Payable declined from Sep. 2023 (28.85) to Sep. 2024 (27.37). It may suggest that Musashi Seimitsu Industry Co accelerated paying its suppliers.

Musashi Seimitsu Industry Co Days Payable Historical Data

The historical data trend for Musashi Seimitsu Industry 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.

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Musashi Seimitsu Industry Co Days Payable Chart

Musashi Seimitsu Industry Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

28.96

34.44

31.61

28.15

28.57

Musashi Seimitsu Industry Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															28.85	27.26	27.17	29.09	27.37

Competitive Comparison of Musashi Seimitsu Industry Co's Days Payable

For the Auto Parts subindustry, Musashi Seimitsu Industry 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.

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

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

* The bar in red indicates where Musashi Seimitsu Industry Co's Days Payable falls into.

Musashi Seimitsu Industry 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.

Musashi Seimitsu Industry Co'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
=	( (22528	+	24309)	/	2 )	/	299204	*	365
=	23418.5					/	299204	*	365
=	28.57

Musashi Seimitsu Industry Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	21688)	/	1 )	/	72312	*	365 / 4
=	21688					/	72312	*	365 / 4
=	27.37

Musashi Seimitsu Industry Co Days Payable Related Terms

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Musashi Seimitsu Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Musashi Seimitsu Industry Co Ltd (TSE:7220) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

67X:Germany

Address

39-5 Daizen, Ueta-Cho, Toyohashi-shi, Aichi, JPN, 441-8560

Website

http://www.musashi.co.jp

Musashi Seimitsu Industry Co Ltd is a Japanese transportation equipment manufacturer. The company engages in the business of manufacturing automobile parts for its customers which include the automobile firms in the world. Its product portfolio includes suspension arms assemblies, suspension ball joints, steering ball joints, camshafts, gear assemblies, bevel gears, helical gears, sprockets, gear shafts, and con rods. It serves internationally and mainly focuses on Japan, North America, Europe, Asia, and South America.

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