Tokyo Board Industries Co (TSE:7815) Days Payable : 41.41 (As of Dec. 2023)

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What is Tokyo Board Industries Co Days Payable?

Tokyo Board Industries Co's average Accounts Payable for the three months ended in Dec. 2023 was 円725 Mil. Tokyo Board Industries Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,596 Mil. Hence, Tokyo Board Industries Co's Days Payable for the three months ended in Dec. 2023 was 41.41.

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

TSE:7815' s Days Payable Range Over the Past 10 Years
Min: 20.41 Med: 33.99 Max: 90.75
Current: 40.01

During the past 10 years, Tokyo Board Industries Co's highest Days Payable was 90.75. The lowest was 20.41. And the median was 33.99.

TSE:7815's Days Payable is ranked worse than
67.27% of 278 companies
in the Forest Products industry
Industry Median: 57.6 vs TSE:7815: 40.01

Tokyo Board Industries Co's Days Payable declined from Dec. 2022 (42.80) to Dec. 2023 (41.41). It may suggest that Tokyo Board Industries Co accelerated paying its suppliers.

Tokyo Board Industries Co Days Payable Historical Data

The historical data trend for Tokyo Board Industries 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 Board Industries Co Days Payable Chart

Tokyo Board Industries Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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37.07

30.91

25.45

30.28

29.87

Tokyo Board Industries 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															42.80	39.91	32.85	35.42	41.41

Competitive Comparison of Tokyo Board Industries Co's Days Payable

For the Lumber & Wood Production subindustry, Tokyo Board Industries 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 Board Industries Co's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tokyo Board Industries Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokyo Board Industries Co's Days Payable falls into.

Tokyo Board Industries 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 Board Industries 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
=	( (662.825	+	457.91)	/	2 )	/	6846.945	*	365
=	560.3675					/	6846.945	*	365
=	29.87

Tokyo Board Industries 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
=	( (686.946	+	762.199)	/	2 )	/	1596.496	*	365 / 4
=	724.5725					/	1596.496	*	365 / 4
=	41.41

Tokyo Board Industries Co Days Payable Related Terms

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Tokyo Board Industries Co (TSE:7815) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Tokyo Board Industries Co Ltd (TSE:7815) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shinkiba 2-11-1, Koto-ku, Yubinbango, Tokyo, JPN, 136-0082

Website

https://www.t-b-i.co.jp

Tokyo Board Industries Co Ltd is engaged in manufacturing the particleboard by-products generated from plywood factories and sawmills of the neighborhood to raw materials.

Tokyo Board Industries Co (TSE:7815) Headlines

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