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Hoshizaki (TSE:6465) Days Payable : 50.02 (As of Dec. 2023)


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What is Hoshizaki Days Payable?

Hoshizaki's average Accounts Payable for the three months ended in Dec. 2023 was 円32,316 Mil. Hoshizaki's Cost of Goods Sold for the three months ended in Dec. 2023 was 円58,958 Mil. Hence, Hoshizaki's Days Payable for the three months ended in Dec. 2023 was 50.02.

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

TSE:6465' s Days Payable Range Over the Past 10 Years
Min: 33.52   Med: 34.95   Max: 51.6
Current: 51.6

During the past 13 years, Hoshizaki's highest Days Payable was 51.60. The lowest was 33.52. And the median was 34.95.

TSE:6465's Days Payable is ranked worse than
68.46% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs TSE:6465: 51.60

Hoshizaki's Days Payable declined from Dec. 2022 (54.70) to Dec. 2023 (50.02). It may suggest that Hoshizaki accelerated paying its suppliers.


Hoshizaki Days Payable Historical Data

The historical data trend for Hoshizaki'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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Hoshizaki Days Payable Chart

Hoshizaki Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.57 39.87 44.00 51.17 48.43

Hoshizaki 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 54.70 53.98 54.82 50.91 50.02

Competitive Comparison of Hoshizaki's Days Payable

For the Specialty Industrial Machinery subindustry, Hoshizaki'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.


Hoshizaki's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoshizaki's Days Payable distribution charts can be found below:

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



Hoshizaki 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.

Hoshizaki's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (32714 + 30308) / 2 ) / 237501*365
=31511 / 237501*365
=48.43

Hoshizaki'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
=( (34323 + 30308) / 2 ) / 58958*365 / 4
=32315.5 / 58958*365 / 4
=50.02

* 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.


Hoshizaki Days Payable Related Terms

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Hoshizaki (TSE:6465) Business Description

Traded in Other Exchanges
Address
South Building 3-16 Sakae-cho, Aichi, JPN, 470-1194
Hoshizaki Corporation manufactures and sells commercial food service equipment globally. The company's main products are commercial kitchen equipment, such as refrigerators, ice machines, dishwashers, beer dispensers, hygiene control equipment, drink service equipment, and freshness control equipment. Its products are used in mainly restaurants, supermarkets, cafeterias, and the agro-fishery industry. The company was formerly known as Hoshizaki Electric Co., Ltd. and changed its name to Hoshizaki Corporation in July 2016. Hoshizaki Corporation was founded in 1947 and its headquarters are in Toyoake (Aichi prefecture), Japan.

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