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Sony Group (Sony Group) Days Payable : 75.01 (As of Dec. 2023)


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What is Sony Group Days Payable?

Sony Group's average Accounts Payable for the three months ended in Dec. 2023 was $15,624 Mil. Sony Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $19,006 Mil. Hence, Sony Group's Days Payable for the three months ended in Dec. 2023 was 75.01.

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

SONY' s Days Payable Range Over the Past 10 Years
Min: 27.99   Med: 39.47   Max: 86.95
Current: 76.81

During the past 13 years, Sony Group's highest Days Payable was 86.95. The lowest was 27.99. And the median was 39.47.

SONY's Days Payable is ranked better than
56.97% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs SONY: 76.81

Sony Group's Days Payable declined from Dec. 2022 (88.24) to Dec. 2023 (75.01). It may suggest that Sony Group accelerated paying its suppliers.


Sony Group Days Payable Historical Data

The historical data trend for Sony Group'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.

Sony Group Days Payable Chart

Sony Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.65 55.05 81.13 90.62 85.69

Sony Group 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 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 88.24 58.71 83.08 100.75 75.01

Competitive Comparison of Sony Group's Days Payable

For the Consumer Electronics subindustry, Sony Group'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.


Sony Group's Days Payable Distribution in the Hardware Industry

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

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



Sony Group 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.

Sony Group'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
=( (15544.632 + 13960.295) / 2 ) / 62836.008*365
=14752.4635 / 62836.008*365
=85.69

Sony Group'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
=( (15656.201 + 15591.114) / 2 ) / 19005.838*365 / 4
=15623.6575 / 19005.838*365 / 4
=75.01

* 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.


Sony Group Days Payable Related Terms

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Sony Group (Sony Group) Business Description

Address
7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.