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Sanyo Shokai (TSE:8011) Days Payable : 74.49 (As of Nov. 2023)


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What is Sanyo Shokai Days Payable?

Sanyo Shokai's average Accounts Payable for the three months ended in Nov. 2023 was 円4,831 Mil. Sanyo Shokai's Cost of Goods Sold for the three months ended in Nov. 2023 was 円5,917 Mil. Hence, Sanyo Shokai's Days Payable for the three months ended in Nov. 2023 was 74.49.

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

TSE:8011' s Days Payable Range Over the Past 10 Years
Min: 73.13   Med: 96.49   Max: 111.56
Current: 80.31

During the past 13 years, Sanyo Shokai's highest Days Payable was 111.56. The lowest was 73.13. And the median was 96.49.

TSE:8011's Days Payable is ranked better than
67.71% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs TSE:8011: 80.31

Sanyo Shokai's Days Payable declined from Nov. 2022 (77.24) to Nov. 2023 (74.49). It may suggest that Sanyo Shokai accelerated paying its suppliers.


Sanyo Shokai Days Payable Historical Data

The historical data trend for Sanyo Shokai'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.

Sanyo Shokai Days Payable Chart

Sanyo Shokai Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Feb21 Feb22 Feb23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.42 97.55 91.83 73.13 77.74

Sanyo Shokai Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 77.24 78.51 76.72 85.66 74.49

Competitive Comparison of Sanyo Shokai's Days Payable

For the Apparel Manufacturing subindustry, Sanyo Shokai'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.


Sanyo Shokai's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sanyo Shokai's Days Payable distribution charts can be found below:

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



Sanyo Shokai 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.

Sanyo Shokai's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

Days Payable (A: Feb. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2022 ) + Accounts Payable (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (4176 + 5265) / 2 ) / 22163*365
=4720.5 / 22163*365
=77.74

Sanyo Shokai's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

Days Payable (Q: Nov. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2023 ) + Accounts Payable (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (4357 + 5304) / 2 ) / 5917*365 / 4
=4830.5 / 5917*365 / 4
=74.49

* 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.


Sanyo Shokai Days Payable Related Terms

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Sanyo Shokai (TSE:8011) Business Description

Traded in Other Exchanges
N/A
Address
6-14 Honshiocho, Shinjuku-ku, Tokyo, JPN, 160-0003
Sanyo Shokai Ltd is a Japan-based company, engages in the manufacture and sale of textile products. It is involved in the business of manufacturing and sale of men's clothing, ladies and accessories sales of products at department stores, specialty shops, directly managed stores nationwide. It is also engaged in the business of the lease and rent of real estate properties.

Sanyo Shokai (TSE:8011) Headlines

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