Foster Electric Co (TSE:6794) Days Payable : 43.04 (As of Dec. 2023)

View and export this data going back to 1962. Start your Free Trial

What is Foster Electric Co Days Payable?

Foster Electric Co's average Accounts Payable for the three months ended in Dec. 2023 was 円12,224 Mil. Foster Electric Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円25,916 Mil. Hence, Foster Electric Co's Days Payable for the three months ended in Dec. 2023 was 43.04.

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

TSE:6794' s Days Payable Range Over the Past 10 Years
Min: 29.58 Med: 32.11 Max: 43.46
Current: 38.47

During the past 13 years, Foster Electric Co's highest Days Payable was 43.46. The lowest was 29.58. And the median was 32.11.

TSE:6794's Days Payable is ranked worse than
80.03% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs TSE:6794: 38.47

Foster Electric Co's Days Payable increased from Dec. 2022 (40.00) to Dec. 2023 (43.04). It may suggest that Foster Electric Co delayed paying its suppliers.

Foster Electric Co Days Payable Historical Data

The historical data trend for Foster Electric 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.

Foster Electric Co Days Payable Chart

Foster Electric Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

31.79

30.99

39.72

43.46

35.67

Foster Electric 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															40.00	34.30	36.62	36.51	43.04

Competitive Comparison of Foster Electric Co's Days Payable

For the Consumer Electronics subindustry, Foster Electric 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.

Foster Electric Co's Days Payable Distribution in the Hardware Industry

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

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

Foster Electric 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.

Foster Electric 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
=	( (11179	+	9380)	/	2 )	/	105183	*	365
=	10279.5					/	105183	*	365
=	35.67

Foster Electric 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
=	( (11714	+	12734)	/	2 )	/	25916	*	365 / 4
=	12224					/	25916	*	365 / 4
=	43.04

Foster Electric Co Days Payable Related Terms

Thank you for viewing the detailed overview of Foster Electric Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Foster Electric Co (TSE:6794) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Foster Electric Co Ltd (TSE:6794) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-109, Tsutsujigaoka, Akishima City, Tokyo, JPN, 196-8550

Website

http://www.foster.co.jp

Foster Electric is a Japan-based company that conducts operation through four segments. The information and communication components and products segment produces and sells headsets and small speakers for mobile phones and commercial microphones, and this segment contributes around half of total revenue. The automotive components and products segment produces car speakers and car speaker systems. The acoustic components and products segment offers speakers and speaker systems for audio devices and TVs, amplifier built-in speakers, headphones, and others. The other segment offers Fostex brand products, micro acoustic components, and logistics services. The company has manufacturing bases in various countries, such as China, Vietnam, South Korea, Indonesia, and elsewhere.

Foster Electric Co (TSE:6794) Headlines

No Headlines