Denkyo Group Holdings Co (TSE:8144) Days Payable : 45.65 (As of Dec. 2023)

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What is Denkyo Group Holdings Co Days Payable?

Denkyo Group Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円6,871 Mil. Denkyo Group Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円13,732 Mil. Hence, Denkyo Group Holdings Co's Days Payable for the three months ended in Dec. 2023 was 45.65.

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

TSE:8144' s Days Payable Range Over the Past 10 Years
Min: 35.66 Med: 38.97 Max: 50.49
Current: 50.49

During the past 13 years, Denkyo Group Holdings Co's highest Days Payable was 50.49. The lowest was 35.66. And the median was 38.97.

TSE:8144's Days Payable is ranked worse than
67.91% of 2421 companies
in the Hardware industry
Industry Median: 67.87 vs TSE:8144: 50.49

Denkyo Group Holdings Co's Days Payable increased from Dec. 2022 (42.06) to Dec. 2023 (45.65). It may suggest that Denkyo Group Holdings Co delayed paying its suppliers.

Denkyo Group Holdings Co Days Payable Historical Data

The historical data trend for Denkyo Group Holdings 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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Denkyo Group Holdings Co Days Payable Chart

Denkyo Group Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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35.66

36.18

36.68

39.65

41.52

Denkyo Group Holdings 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															42.06	57.05	43.66	48.01	45.65

Competitive Comparison of Denkyo Group Holdings Co's Days Payable

For the Consumer Electronics subindustry, Denkyo Group Holdings 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.

Denkyo Group Holdings Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Denkyo Group Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Denkyo Group Holdings Co's Days Payable falls into.

Denkyo Group Holdings 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.

Denkyo Group Holdings 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
=	( (5089	+	4924)	/	2 )	/	44014	*	365
=	5006.5					/	44014	*	365
=	41.52

Denkyo Group Holdings 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
=	( (5996	+	7745)	/	2 )	/	13732	*	365 / 4
=	6870.5					/	13732	*	365 / 4
=	45.65

Denkyo Group Holdings Co Days Payable Related Terms

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Denkyo Group Holdings Co (TSE:8144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Denkyo Group Holdings Co Ltd (TSE:8144) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

2-10-70 Nambanaka, Parks Tower 17th Floor, Naniwa-ku, Osaka, JPN, 556-0011

Website

https://www.dg-hd.jp

Denkyo Group Holdings Co Ltd is a Japan-based company engages in the wholesale business such as household electric appliances, acoustic communication equipment, air conditioning and heating equipment, health beauty appliances, and incidentally related business. Other businesses include electronic components, repair of home appliances, product storage, delivery, design and construction of light electrical instruments.

Denkyo Group Holdings Co (TSE:8144) Headlines

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