GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Japan Display Inc (TSE:6740) » Definitions » Days Payable

Japan Display (TSE:6740) Days Payable : 70.99 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Japan Display Days Payable?

Japan Display's average Accounts Payable for the three months ended in Mar. 2024 was 円45,088 Mil. Japan Display's Cost of Goods Sold for the three months ended in Mar. 2024 was 円57,952 Mil. Hence, Japan Display's Days Payable for the three months ended in Mar. 2024 was 70.99.

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

TSE:6740' s Days Payable Range Over the Past 10 Years
Min: 62.65   Med: 71.81   Max: 95.34
Current: 68.59

During the past 12 years, Japan Display's highest Days Payable was 95.34. The lowest was 62.65. And the median was 71.81.

TSE:6740's Days Payable is ranked better than
50.48% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs TSE:6740: 68.59

Japan Display's Days Payable increased from Mar. 2023 (62.72) to Mar. 2024 (70.99). It may suggest that Japan Display delayed paying its suppliers.


Japan Display Days Payable Historical Data

The historical data trend for Japan Display'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.

Japan Display Days Payable Chart

Japan Display Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.34 67.79 62.65 65.67 67.32

Japan Display 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 62.72 67.47 64.83 72.94 70.99

Competitive Comparison of Japan Display's Days Payable

For the Electronic Components subindustry, Japan Display'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.


Japan Display's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Japan Display's Days Payable distribution charts can be found below:

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



Japan Display 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.

Japan Display'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
=( (44616 + 46003) / 2 ) / 245645*365
=45309.5 / 245645*365
=67.32

Japan Display's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (44172 + 46003) / 2 ) / 57952*365 / 4
=45087.5 / 57952*365 / 4
=70.99

* 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.


Japan Display Days Payable Related Terms

Thank you for viewing the detailed overview of Japan Display's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Display (TSE:6740) Business Description

Traded in Other Exchanges
Address
Landic 2nd Building, 3-7-1, Nishi-shinbashi, Minato-ku, Tokyo, JPN, 105-0003
Japan Display Inc is engaged in the development, production, and sale of small and medium-sized display devices and related products. Its products are divided into two categories: Mobile Device and Automotive and Non-Mobile. The Mobile Device category includes displays for smartphones, tablets and mobile phone devices. The Automotive and Non-Mobile category includes displays for automotive applications, consumer electronics, and industrial devices as well as income from patents and other sources. The company's business operations span across Europe, Korea, China, Philippines, America, and Hong Kong.

Japan Display (TSE:6740) Headlines

No Headlines