Japan Medical Dynamic Marketing (TSE:7600) Days Payable : 48.39 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Japan Medical Dynamic Marketing Days Payable?

Japan Medical Dynamic Marketing's average Accounts Payable for the three months ended in Dec. 2023 was 円1,160 Mil. Japan Medical Dynamic Marketing's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,187 Mil. Hence, Japan Medical Dynamic Marketing's Days Payable for the three months ended in Dec. 2023 was 48.39.

The historical rank and industry rank for Japan Medical Dynamic Marketing's Days Payable or its related term are showing as below:

TSE:7600' s Days Payable Range Over the Past 10 Years
Min: 40.31 Med: 56.48 Max: 66.74
Current: 48.7

During the past 13 years, Japan Medical Dynamic Marketing's highest Days Payable was 66.74. The lowest was 40.31. And the median was 56.48.

TSE:7600's Days Payable is ranked worse than
69.26% of 784 companies
in the Medical Devices & Instruments industry
Industry Median: 72.505 vs TSE:7600: 48.70

Japan Medical Dynamic Marketing's Days Payable declined from Dec. 2022 (49.56) to Dec. 2023 (48.39). It may suggest that Japan Medical Dynamic Marketing accelerated paying its suppliers.

Japan Medical Dynamic Marketing Days Payable Historical Data

The historical data trend for Japan Medical Dynamic Marketing'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.

Japan Medical Dynamic Marketing Days Payable Chart

Japan Medical Dynamic Marketing Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

64.60

47.78

40.31

44.03

51.67

Japan Medical Dynamic Marketing Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															47.26	45.07	47.34	48.39	50.47

Competitive Comparison of Japan Medical Dynamic Marketing's Days Payable

For the Medical Devices subindustry, Japan Medical Dynamic Marketing'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.

Japan Medical Dynamic Marketing's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Japan Medical Dynamic Marketing's Days Payable distribution charts can be found below:

* The bar in red indicates where Japan Medical Dynamic Marketing's Days Payable falls into.

Japan Medical Dynamic Marketing 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.

Japan Medical Dynamic Marketing'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
=	( (979.185	+	1403.276)	/	2 )	/	8415.515	*	365
=	1191.2305					/	8415.515	*	365
=	51.67

Japan Medical Dynamic Marketing'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
=	( (1179.487	+	1140.404)	/	2 )	/	2187.208	*	365 / 4
=	1159.9455					/	2187.208	*	365 / 4
=	48.39

Japan Medical Dynamic Marketing Days Payable Related Terms

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

Japan Medical Dynamic Marketing (TSE:7600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Japan Medical Dynamic Marketing Inc (TSE:7600) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JMD:Germany

Address

12-2, Ichigayadaimachi, Shinjuku-ku, Tokyo, JPN, 162-0066

Website

http://www.jmdm.co.jp

Japan Medical Dynamic Marketing Inc is a Japan-based medical equipment manufacturer. The company is engaged in the development and sale of advanced medical devices. Products offered by the company include trauma devices, joint prostheses, spinal fixation devices, and artificial bone fillers. It caters its products to medical professionals and major hospitals throughout Japan. The company is also engaged in the import and sale of medical devices.

Japan Medical Dynamic Marketing (TSE:7600) Headlines

No Headlines