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Ibiden Co (TSE:4062) Days Payable : 41.48 (As of Dec. 2023)


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What is Ibiden Co Days Payable?

Ibiden Co's average Accounts Payable for the three months ended in Dec. 2023 was 円29,950 Mil. Ibiden Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円65,882 Mil. Hence, Ibiden Co's Days Payable for the three months ended in Dec. 2023 was 41.48.

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

TSE:4062' s Days Payable Range Over the Past 10 Years
Min: 41.9   Med: 56.64   Max: 69.98
Current: 41.9

During the past 13 years, Ibiden Co's highest Days Payable was 69.98. The lowest was 41.90. And the median was 56.64.

TSE:4062's Days Payable is ranked worse than
76.6% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs TSE:4062: 41.90

Ibiden Co's Days Payable declined from Dec. 2022 (64.69) to Dec. 2023 (41.48). It may suggest that Ibiden Co accelerated paying its suppliers.


Ibiden Co Days Payable Historical Data

The historical data trend for Ibiden 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.

Ibiden Co Days Payable Chart

Ibiden Co 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 61.68 68.18 69.98 56.04 43.32

Ibiden 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 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 64.69 45.69 32.43 37.42 41.48

Competitive Comparison of Ibiden Co's Days Payable

For the Electronic Components subindustry, Ibiden 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.


Ibiden Co's Days Payable Distribution in the Hardware Industry

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

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



Ibiden 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.

Ibiden 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
=( (40588 + 28262) / 2 ) / 290034*365
=34425 / 290034*365
=43.32

Ibiden 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
=( (28157 + 31742) / 2 ) / 65882*365 / 4
=29949.5 / 65882*365 / 4
=41.48

* 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.


Ibiden Co Days Payable Related Terms

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Ibiden Co (TSE:4062) Business Description

Traded in Other Exchanges
Address
2-1 Kanda-cho, Ogaki, Gifu, JPN, 503-8604
Ibiden Company Limited is a provider of electronic and ceramic products. The company operates through three segments: ceramic, electron and other. The ceramic segment, which contributes the largest portion of revenue, provides environment-related ceramics products, graphite and specialty products, ceramic fibre, and fine ceramics products. Electron, the next- largest segment, offers package substrates in computers, information technology infrastructure, mobile device wiring boards, mobile devices and home appliances. The other segment includes the processing of agriculture, livestock and fisheries, the sale of oil products and synthetic resin production. The company is headquartered in Japan and generates the majority of revenue in Asia.

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