Mochida Pharmaceutical Co (TSE:4534) Days Payable : 66.96 (As of Dec. 2023)

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What is Mochida Pharmaceutical Co Days Payable?

Mochida Pharmaceutical Co's average Accounts Payable for the three months ended in Dec. 2023 was 円10,210 Mil. Mochida Pharmaceutical Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円13,914 Mil. Hence, Mochida Pharmaceutical Co's Days Payable for the three months ended in Dec. 2023 was 66.96.

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

TSE:4534' s Days Payable Range Over the Past 10 Years
Min: 68.97 Med: 87.98 Max: 114.97
Current: 74.37

During the past 13 years, Mochida Pharmaceutical Co's highest Days Payable was 114.97. The lowest was 68.97. And the median was 87.98.

TSE:4534's Days Payable is ranked worse than
57.32% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.82 vs TSE:4534: 74.37

Mochida Pharmaceutical Co's Days Payable declined from Dec. 2022 (71.34) to Dec. 2023 (66.96). It may suggest that Mochida Pharmaceutical Co accelerated paying its suppliers.

Mochida Pharmaceutical Co Days Payable Historical Data

The historical data trend for Mochida Pharmaceutical 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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Mochida Pharmaceutical Co Days Payable Chart

Mochida Pharmaceutical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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84.73

91.22

79.82

68.97

74.68

Mochida Pharmaceutical 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															71.34	81.00	74.90	70.47	66.96

Competitive Comparison of Mochida Pharmaceutical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Mochida Pharmaceutical 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.

Mochida Pharmaceutical Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Mochida Pharmaceutical Co's Days Payable distribution charts can be found below:

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

Mochida Pharmaceutical 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.

Mochida Pharmaceutical 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
=	( (10656	+	9047)	/	2 )	/	48147	*	365
=	9851.5					/	48147	*	365
=	74.68

Mochida Pharmaceutical 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
=	( (9281	+	11139)	/	2 )	/	13914	*	365 / 4
=	10210					/	13914	*	365 / 4
=	66.96

Mochida Pharmaceutical Co Days Payable Related Terms

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Mochida Pharmaceutical Co (TSE:4534) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Mochida Pharmaceutical Co Ltd (TSE:4534) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1 Ichigayahonmuracho, Shinjuku-ku, Tokyo, JPN, 162-0845

Website

http://www.mochida.co.jp

Mochida Pharmaceutical Co Ltd is a major drug manufacturing company that operates in the field of medical care through its pharmaceuticals, healthcare products, and medical equipment businesses. The company's pharmaceuticals business aims to develop and market a broad spectrum of innovative new drugs. One of Mochida's main objectives is to maximize the business performance of its drugs after they are developed and released. The company also creates skin care products for the general public, and these are supplied through pharmacies, drugstores, and mail-order sales.

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