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Mabuchi Motor Co (TSE:6592) Days Payable : 22.25 (As of Dec. 2023)


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What is Mabuchi Motor Co Days Payable?

Mabuchi Motor Co's average Accounts Payable for the three months ended in Dec. 2023 was 円8,686 Mil. Mabuchi Motor Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円35,626 Mil. Hence, Mabuchi Motor Co's Days Payable for the three months ended in Dec. 2023 was 22.25.

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

TSE:6592' s Days Payable Range Over the Past 10 Years
Min: 20.89   Med: 26.09   Max: 27.94
Current: 20.89

During the past 13 years, Mabuchi Motor Co's highest Days Payable was 27.94. The lowest was 20.89. And the median was 26.09.

TSE:6592's Days Payable is ranked worse than
91.77% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs TSE:6592: 20.89

Mabuchi Motor Co's Days Payable increased from Dec. 2022 (21.96) to Dec. 2023 (22.25). It may suggest that Mabuchi Motor Co delayed paying its suppliers.


Mabuchi Motor Co Days Payable Historical Data

The historical data trend for Mabuchi Motor 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.

* Premium members only.

Mabuchi Motor Co Days Payable Chart

Mabuchi Motor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.89 27.94 25.89 23.62 22.87

Mabuchi Motor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.39 19.48 20.55 22.25 23.88

Competitive Comparison of Mabuchi Motor Co's Days Payable

For the Auto Parts subindustry, Mabuchi Motor 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.


Mabuchi Motor Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mabuchi Motor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Mabuchi Motor Co's Days Payable falls into.



Mabuchi Motor 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.

Mabuchi Motor Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (7989 + 8865) / 2 ) / 134519*365
=8427 / 134519*365
=22.87

Mabuchi Motor 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
=( (8506 + 8865) / 2 ) / 35626*365 / 4
=8685.5 / 35626*365 / 4
=22.25

* 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.


Mabuchi Motor Co Days Payable Related Terms

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Mabuchi Motor Co (TSE:6592) Business Description

Traded in Other Exchanges
Address
430 Matsuhidai Matsudo City, Chiba, JPN, 270-2280
Mabuchi Motor Co Ltd is a manufacturer of small electrical motors. Its motors are used in automotive, consumer, and industrial products, including home appliances, power tools, precision and office equipment, audio and video equipment, and toys. Mabuchi Motor generates the majority of its revenue selling door lock actuators and power window lifters in its automotive segment. In its consumer and industrial segment, inject printer related motors are the largest revenue driver for the company. The major end markets are China and Hong Kong, Asia-Pacific, and Europe.

Mabuchi Motor Co (TSE:6592) Headlines

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