ARAYA INDUSTRIAL Co (TSE:7305) Days Payable : 81.11 (As of Dec. 2023)

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What is ARAYA INDUSTRIAL Co Days Payable?

ARAYA INDUSTRIAL Co's average Accounts Payable for the three months ended in Dec. 2023 was 円8,466 Mil. ARAYA INDUSTRIAL Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円9,524 Mil. Hence, ARAYA INDUSTRIAL Co's Days Payable for the three months ended in Dec. 2023 was 81.11.

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

TSE:7305' s Days Payable Range Over the Past 10 Years
Min: 82.44 Med: 97.71 Max: 111.48
Current: 82.44

During the past 13 years, ARAYA INDUSTRIAL Co's highest Days Payable was 111.48. The lowest was 82.44. And the median was 97.71.

TSE:7305's Days Payable is ranked better than
78.33% of 586 companies
in the Steel industry
Industry Median: 41.325 vs TSE:7305: 82.44

ARAYA INDUSTRIAL Co's Days Payable declined from Dec. 2022 (86.37) to Dec. 2023 (81.11). It may suggest that ARAYA INDUSTRIAL Co accelerated paying its suppliers.

ARAYA INDUSTRIAL Co Days Payable Historical Data

The historical data trend for ARAYA INDUSTRIAL 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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ARAYA INDUSTRIAL Co Days Payable Chart

ARAYA INDUSTRIAL Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

103.10

97.45

86.78

90.40

84.93

ARAYA INDUSTRIAL Co 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															86.37	81.91	78.02	86.13	81.11

Competitive Comparison of ARAYA INDUSTRIAL Co's Days Payable

For the Steel subindustry, ARAYA INDUSTRIAL 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.

ARAYA INDUSTRIAL Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ARAYA INDUSTRIAL Co's Days Payable distribution charts can be found below:

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

ARAYA INDUSTRIAL 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.

ARAYA INDUSTRIAL Co'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
=	( (9014	+	7739)	/	2 )	/	35998	*	365
=	8376.5					/	35998	*	365
=	84.93

ARAYA INDUSTRIAL Co'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
=	( (8334	+	8598)	/	2 )	/	9524	*	365 / 4
=	8466					/	9524	*	365 / 4
=	81.11

ARAYA INDUSTRIAL Co Days Payable Related Terms

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ARAYA INDUSTRIAL Co (TSE:7305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ARAYA INDUSTRIAL Co Ltd (TSE:7305) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

12-12 Minamisenba, Chuo-ku, Osaka, JPN, 542-0081

Website

http://www.araya-kk.co.jp

ARAYA INDUSTRIAL CO., Ltd. is engaged in the manufacturing and selling of high-quality, high-performance iron, stainless steel pipe and others by metal processing technology Roll Forming. Its product offering includes steel pipe, welfare equipment, rim for the bicycle, pipe cutting machine, pipe/sheet metal processing machine and other special purpose machines. The company's products are used in a wide range of fields including automobiles, motorcycles, bicycles, buildings, furniture, industrial machinery, welfare equipment, and logistics equipment.

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