Inaba Denkisangyo Co (TSE:9934) Days Payable : 68.99 (As of Sep. 2024)

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What is Inaba Denkisangyo Co Days Payable?

Inaba Denkisangyo Co's average Accounts Payable for the three months ended in Sep. 2024 was 円61,408 Mil. Inaba Denkisangyo Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円81,226 Mil. Hence, Inaba Denkisangyo Co's Days Payable for the three months ended in Sep. 2024 was 68.99.

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

TSE:9934' s Days Payable Range Over the Past 10 Years
Min: 74.34 Med: 95 Max: 100.27
Current: 74.34

During the past 13 years, Inaba Denkisangyo Co's highest Days Payable was 100.27. The lowest was 74.34. And the median was 95.00.

TSE:9934's Days Payable is ranked worse than
51.39% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs TSE:9934: 74.34

Inaba Denkisangyo Co's Days Payable declined from Sep. 2023 (77.73) to Sep. 2024 (68.99). It may suggest that Inaba Denkisangyo Co accelerated paying its suppliers.

Inaba Denkisangyo Co Days Payable Historical Data

The historical data trend for Inaba Denkisangyo 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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Inaba Denkisangyo Co Days Payable Chart

Inaba Denkisangyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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90.16

97.48

100.27

95.54

89.04

Inaba Denkisangyo Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															77.91	68.57	96.25	68.99	72.99

Competitive Comparison of Inaba Denkisangyo Co's Days Payable

For the Electrical Equipment & Parts subindustry, Inaba Denkisangyo 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.

Inaba Denkisangyo Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inaba Denkisangyo Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Inaba Denkisangyo Co's Days Payable falls into.

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Inaba Denkisangyo 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.

Inaba Denkisangyo Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (69827	+	70846)	/	2 )	/	288316	*	365
=	70336.5					/	288316	*	365
=	89.04

Inaba Denkisangyo Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	61408)	/	1 )	/	81226	*	365 / 4
=	61408					/	81226	*	365 / 4
=	68.99

Inaba Denkisangyo Co Days Payable Related Terms

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Inaba Denkisangyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Inaba Denkisangyo Co Ltd (TSE:9934) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nishi Ward 4-chome 11-14, Osaka, JPN, 550-0012

Website

http://www.inaba.co.jp

Inaba Denkisangyo Co Ltd is divided its business in Electrical equipment and materials, Industrial solutions and proprietary product divisions. Electrical equipment and materials division comprises products from light fittings, air conditioning systems, distribution panels for all types of buildings. Industrial solutions division consists of solutions for issues such as improving productivity, resource conservation, and space saving. Proprietary products division includes the development of in-house brands Inaba denko and Abaniact. It also develops products for eco-friendly lifestyles.

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