TOKYO KOKI Co (TSE:7719) Days Payable : 70.99 (As of May. 2024)

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What is TOKYO KOKI Co Days Payable?

TOKYO KOKI Co's average Accounts Payable for the three months ended in May. 2024 was 円407 Mil. TOKYO KOKI Co's Cost of Goods Sold for the three months ended in May. 2024 was 円524 Mil. Hence, TOKYO KOKI Co's Days Payable for the three months ended in May. 2024 was 70.99.

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

TSE:7719' s Days Payable Range Over the Past 10 Years
Min: 19.32 Med: 75.12 Max: 133.4
Current: 71.74

During the past 13 years, TOKYO KOKI Co's highest Days Payable was 133.40. The lowest was 19.32. And the median was 75.12.

TSE:7719's Days Payable is ranked worse than
52.72% of 2944 companies
in the Industrial Products industry
Industry Median: 75.425 vs TSE:7719: 71.74

TOKYO KOKI Co's Days Payable declined from May. 2023 (81.51) to May. 2024 (70.99). It may suggest that TOKYO KOKI Co accelerated paying its suppliers.

TOKYO KOKI Co Days Payable Historical Data

The historical data trend for TOKYO KOKI 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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TOKYO KOKI Co Days Payable Chart

TOKYO KOKI Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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51.31

34.59

80.88

105.15

89.18

TOKYO KOKI Co Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Days Payable	Get a 7-Day Free Trial															81.51	62.36	108.07	67.05	70.99

Competitive Comparison of TOKYO KOKI Co's Days Payable

For the Specialty Industrial Machinery subindustry, TOKYO KOKI 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.

TOKYO KOKI Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TOKYO KOKI Co's Days Payable distribution charts can be found below:

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

TOKYO KOKI 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.

TOKYO KOKI Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (579.598	+	473.185)	/	2 )	/	2154.325	*	365
=	526.3915					/	2154.325	*	365
=	89.18

TOKYO KOKI Co's Days Payable for the quarter that ended in May. 2024 is calculated as:

	Days Payable (Q: May. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2024 )	+	Accounts Payable (Q: May. 2024 ))	/	count )	/	Cost of Goods Sold (Q: May. 2024 )	*	Days in Period
=	( (473.185	+	341.602)	/	2 )	/	523.668	*	365 / 4
=	407.3935					/	523.668	*	365 / 4
=	70.99

TOKYO KOKI Co Days Payable Related Terms

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TOKYO KOKI Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TOKYO KOKI Co Ltd (TSE:7719) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9 Kandasakumacho, Chiyoda-ku, Tokyo, JPN, 101-0025

Website

http://www.tksnet.co.jp

TOKYO KOKI CO.LTD. is engaged in the manufacturing and sales of testing and measuring machines and systems. In addition, it is also involved in manufacturing and distribution of locking nut, locking spring, special spring, bolt and other fastening members. Its product offering includes material testing machine, component testing machine, structure testing machine, power testing machine, performance testing equipment, environmental testing equipment, high temperature/ high-pressure environment testing machine and other testing machines.

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