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Siix (TSE:7613) Days Payable : 52.86 (As of Dec. 2024)


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What is Siix Days Payable?

Siix's average Accounts Payable for the three months ended in Dec. 2024 was 円40,393 Mil. Siix's Cost of Goods Sold for the three months ended in Dec. 2024 was 円69,725 Mil. Hence, Siix's Days Payable for the three months ended in Dec. 2024 was 52.86.

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

TSE:7613' s Days Payable Range Over the Past 10 Years
Min: 50.02   Med: 56.15   Max: 60.28
Current: 54.87

During the past 13 years, Siix's highest Days Payable was 60.28. The lowest was 50.02. And the median was 56.15.

TSE:7613's Days Payable is ranked worse than
63.59% of 2403 companies
in the Hardware industry
Industry Median: 68.91 vs TSE:7613: 54.87

Siix's Days Payable declined from Dec. 2023 (56.59) to Dec. 2024 (52.86). It may suggest that Siix accelerated paying its suppliers.


Siix Days Payable Historical Data

The historical data trend for Siix'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.

Siix Days Payable Chart

Siix Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.28 57.19 57.41 55.61 56.18

Siix Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.59 57.33 54.09 53.97 52.86

Competitive Comparison of Siix's Days Payable

For the Electronic Components subindustry, Siix'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.


Siix's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Siix's Days Payable distribution charts can be found below:

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


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Siix 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.

Siix's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (43262 + 41000) / 2 ) / 273707*365
=42131 / 273707*365
=56.18

Siix's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (39786 + 41000) / 2 ) / 69725*365 / 4
=40393 / 69725*365 / 4
=52.86

* 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.


Siix Days Payable Related Terms

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


Siix Business Description

Traded in Other Exchanges
Address
1-49 Bigocho, Chuo-ku, Osaka, JPN, 541-0051
Siix Corp is an electronic components company that creates parts and devices. The company has five business segments, four of which are classified by region, instead of product type. These segments include Electronics (Japan), Electronic (Asia), Electronics (Europe), Electronics (Americas), and Others. The Electronics business segments sell electronic circuits, liquid crystal displays, home appliances, audio devices, automobile equipment, and industrial equipment. The Other business segment sells a variety of miscellaneous devices such as motorcycle components and wire harnesses. The company's largest business segment is its Electronic (Asia) segment; however, by country, it generates the vast majority of its revenue in Japan.

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