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Murakami (TSE:7292) Days Payable : 43.73 (As of Dec. 2023)


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What is Murakami Days Payable?

Murakami's average Accounts Payable for the three months ended in Dec. 2023 was 円11,273 Mil. Murakami's Cost of Goods Sold for the three months ended in Dec. 2023 was 円23,524 Mil. Hence, Murakami's Days Payable for the three months ended in Dec. 2023 was 43.73.

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

TSE:7292' s Days Payable Range Over the Past 10 Years
Min: 32.03   Med: 35.27   Max: 45.11
Current: 43.33

During the past 13 years, Murakami's highest Days Payable was 45.11. The lowest was 32.03. And the median was 35.27.

TSE:7292's Days Payable is ranked worse than
72.56% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs TSE:7292: 43.33

Murakami's Days Payable increased from Dec. 2022 (37.16) to Dec. 2023 (43.73). It may suggest that Murakami delayed paying its suppliers.


Murakami Days Payable Historical Data

The historical data trend for Murakami'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.

Murakami Days Payable Chart

Murakami 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 33.38 40.76 45.11 41.07 41.53

Murakami 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 47.91 43.37 41.15 43.73 47.09

Competitive Comparison of Murakami's Days Payable

For the Auto Parts subindustry, Murakami'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.


Murakami's Days Payable Distribution in the Vehicles & Parts Industry

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

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



Murakami 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.

Murakami'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
=( (9891 + 10256) / 2 ) / 88525*365
=10073.5 / 88525*365
=41.53

Murakami'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
=( (10885 + 11661) / 2 ) / 23524*365 / 4
=11273 / 23524*365 / 4
=43.73

* 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.


Murakami Days Payable Related Terms

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Murakami (TSE:7292) Business Description

Traded in Other Exchanges
N/A
Address
11-5 Tenma-cho, Aoi-ku, Shizuoka-city, Shizuoka, JPN, 420-8550
Murakami Corp manufactures and sells rear-view mirrors for automobiles and optical thin-film materials. The company offers rear-view mirror products, including hydrophilic clear mirrors, electro-chromic mirrors, aspheric mirrors, powerfold units, actuators, blind spot indicator mirrors, auto powerfold mirrors, exterior rear view mirrors with turn lamps and side cameras, projection lamps, and actuator units for electric vehicle inlet. It also provides opt-electronics solutions covering video equipment, such as dichronic mirrors and filters, UV cut and IR cut filters, bandpass filters, trimming filters, half mirrors for use in projectors, digital cameras. In addition, it offers various components, including projection mirror actuator units, navigation stands, and active spoiler controllers.

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