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Senkon Logistics Co (TSE:9051) Days Payable : 38.21 (As of Dec. 2023)


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What is Senkon Logistics Co Days Payable?

Senkon Logistics Co's average Accounts Payable for the three months ended in Dec. 2023 was 円1,607 Mil. Senkon Logistics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,838 Mil. Hence, Senkon Logistics Co's Days Payable for the three months ended in Dec. 2023 was 38.21.

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

TSE:9051' s Days Payable Range Over the Past 10 Years
Min: 40.41   Med: 43.5   Max: 53.25
Current: 40.41

During the past 13 years, Senkon Logistics Co's highest Days Payable was 53.25. The lowest was 40.41. And the median was 43.50.

TSE:9051's Days Payable is ranked better than
51.24% of 931 companies
in the Transportation industry
Industry Median: 39.08 vs TSE:9051: 40.41

Senkon Logistics Co's Days Payable declined from Dec. 2022 (39.62) to Dec. 2023 (38.21). It may suggest that Senkon Logistics Co accelerated paying its suppliers.


Senkon Logistics Co Days Payable Historical Data

The historical data trend for Senkon Logistics 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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Senkon Logistics Co Days Payable Chart

Senkon Logistics Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.68 42.68 43.26 41.17 41.66

Senkon Logistics 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 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 39.62 41.15 42.90 39.48 38.21

Competitive Comparison of Senkon Logistics Co's Days Payable

For the Integrated Freight & Logistics subindustry, Senkon Logistics 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.


Senkon Logistics Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Senkon Logistics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Senkon Logistics Co's Days Payable falls into.



Senkon Logistics 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.

Senkon Logistics 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
=( (1498.985 + 1522.953) / 2 ) / 13238.532*365
=1510.969 / 13238.532*365
=41.66

Senkon Logistics 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
=( (1627.482 + 1586.852) / 2 ) / 3837.666*365 / 4
=1607.167 / 3837.666*365 / 4
=38.21

* 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.


Senkon Logistics Co Days Payable Related Terms

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Senkon Logistics Co (TSE:9051) Business Description

Traded in Other Exchanges
N/A
Address
Central 4-chome, No. 10, No. 3, Aoba-ku, 3rd Floor, Miyagi ken Sendai Capital Tower, Sendai, JPN
Senkon Logistics Co Ltd is a Japan based company engaged in providing logistics services. It offers transportation services for precision equipment, vehicles, engineering equipment as well as industrial waste collection. The company is also engaged in the collection, sale and purchase of radioactive contaminant removal work and removal equipment. The other businesses in which the company is involved are real estate leasing business, import and export of agricultural and fishery products, Sales and rental of specified maintenance management medical equipment and advanced management medical equipment, and others.

Senkon Logistics Co (TSE:9051) Headlines

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