Sanko Gosei (TSE:7888) Days Payable : 40.02 (As of Feb. 2024)

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What is Sanko Gosei Days Payable?

Sanko Gosei's average Accounts Payable for the three months ended in Feb. 2024 was 円8,581 Mil. Sanko Gosei's Cost of Goods Sold for the three months ended in Feb. 2024 was 円19,566 Mil. Hence, Sanko Gosei's Days Payable for the three months ended in Feb. 2024 was 40.02.

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

TSE:7888' s Days Payable Range Over the Past 10 Years
Min: 36.37 Med: 68.36 Max: 85.13
Current: 36.37

During the past 13 years, Sanko Gosei's highest Days Payable was 85.13. The lowest was 36.37. And the median was 68.36.

TSE:7888's Days Payable is ranked worse than
68.6% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs TSE:7888: 36.37

Sanko Gosei's Days Payable increased from Feb. 2023 (39.88) to Feb. 2024 (40.02). It may suggest that Sanko Gosei delayed paying its suppliers.

Sanko Gosei Days Payable Historical Data

The historical data trend for Sanko Gosei'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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Sanko Gosei Days Payable Chart

Sanko Gosei Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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66.10

51.08

48.04

46.84

39.06

Sanko Gosei Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															39.88	32.92	38.37	35.65	40.02

Competitive Comparison of Sanko Gosei's Days Payable

For the Semiconductor Equipment & Materials subindustry, Sanko Gosei'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.

Sanko Gosei's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanko Gosei's Days Payable distribution charts can be found below:

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

Sanko Gosei 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.

Sanko Gosei's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (6963	+	7940)	/	2 )	/	69623	*	365
=	7451.5					/	69623	*	365
=	39.06

Sanko Gosei's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (8629	+	8532)	/	2 )	/	19566	*	365 / 4
=	8580.5					/	19566	*	365 / 4
=	40.02

Sanko Gosei Days Payable Related Terms

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Sanko Gosei (TSE:7888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sanko Gosei Ltd (TSE:7888) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 Habushin, Toyama Prefecture, Nanto, JPN, 939-1698

Website

http://www.sankogosei.co.jp

Sanko Gosei Ltd is engaged in the molding and sales of plastic parts, production and assembly of mechanical/digital parts, design, production, and sales of molds for plastic molded parts, industrial products, industrial robots, and dispatching workers, among others.

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