Kanematsu (TSE:8020) Days Payable : 97.10 (As of Dec. 2023)

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What is Kanematsu Days Payable?

Kanematsu's average Accounts Payable for the three months ended in Dec. 2023 was 円230,521 Mil. Kanematsu's Cost of Goods Sold for the three months ended in Dec. 2023 was 円216,622 Mil. Hence, Kanematsu's Days Payable for the three months ended in Dec. 2023 was 97.10.

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

TSE:8020' s Days Payable Range Over the Past 10 Years
Min: 48.85 Med: 102.34 Max: 118.61
Current: 97.13

During the past 13 years, Kanematsu's highest Days Payable was 118.61. The lowest was 48.85. And the median was 102.34.

TSE:8020's Days Payable is ranked better than
71.86% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs TSE:8020: 97.13

Kanematsu's Days Payable declined from Dec. 2022 (103.14) to Dec. 2023 (97.10). It may suggest that Kanematsu accelerated paying its suppliers.

Kanematsu Days Payable Historical Data

The historical data trend for Kanematsu'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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Kanematsu Days Payable Chart

Kanematsu Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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114.42

110.23

118.61

110.64

98.54

Kanematsu 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															103.14	97.74	97.94	94.29	97.10

Competitive Comparison of Kanematsu's Days Payable

For the Conglomerates subindustry, Kanematsu'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.

Kanematsu's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kanematsu's Days Payable distribution charts can be found below:

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

Kanematsu 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.

Kanematsu'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
=	( (214822	+	206609)	/	2 )	/	780514	*	365
=	210715.5					/	780514	*	365
=	98.54

Kanematsu'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
=	( (230961	+	230080)	/	2 )	/	216622	*	365 / 4
=	230520.5					/	216622	*	365 / 4
=	97.10

Kanematsu Days Payable Related Terms

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Kanematsu (TSE:8020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kanematsu Corp (TSE:8020) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

S3K:Germany

Address

2-1 Shibaura 1-chome, Minato-ku, Tokyo, JPN, 105-8005

Website

http://www.kanematsu.co.jp

Kanematsu Corp is a provider of products and services to various operations including Electronics and Devices, Foods and Grain, Steel, Materials and Plant, and Motor Vehicles and Aerospace. Its products portfolio under Electronics and Devices includes semiconductor equipment, industrial electronics, mobile, electronics components and materials; Food and Grains include foods, meat, and marine products, grain, feedstuff; Steel, Materials and Plant include steel, functional chemicals and energy, plants; and Motor Vehicles and Aerospace include motor vehicles and parts and aerospace.

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