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Marubeni (TSE:8002) Days Payable

: 74.92 (As of Dec. 2023)
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Marubeni's average Accounts Payable for the three months ended in Dec. 2023 was 円1,162,923 Mil. Marubeni's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,416,383 Mil. Hence, Marubeni's Days Payable for the three months ended in Dec. 2023 was 74.92.

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

TSE:8002' s Days Payable Range Over the Past 10 Years
Min: 62.83   Med: 69.99   Max: 75.1
Current: 71.8

During the past 13 years, Marubeni's highest Days Payable was 75.10. The lowest was 62.83. And the median was 69.99.

TSE:8002's Days Payable is ranked better than
60.13% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs TSE:8002: 71.80

Marubeni's Days Payable declined from Dec. 2022 (75.84) to Dec. 2023 (74.92). It may suggest that Marubeni accelerated paying its suppliers.


Marubeni Days Payable Historical Data

The historical data trend for Marubeni'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.

Marubeni Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.41 70.22 73.34 64.27 62.83

Marubeni Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 75.84 76.25 64.57 69.57 74.92

Competitive Comparison

For the Conglomerates subindustry, Marubeni'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.


Marubeni Days Payable Distribution

For the Conglomerates industry and Industrials sector, Marubeni's Days Payable distribution charts can be found below:

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



Marubeni 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.

Marubeni'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
=( (1493526 + 1308657) / 2 ) / 8139177*365
=1401091.5 / 8139177*365
=62.83

Marubeni'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
=( (1105870 + 1219976) / 2 ) / 1416383*365 / 4
=1162923 / 1416383*365 / 4
=74.92

* 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.


Marubeni Days Payable Related Terms

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Marubeni (TSE:8002) Business Description

Traded in Other Exchanges
Address
Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, JPN, 103-6060
Marubeni Corp is a general trading company. It focuses on both trading and business investments in grain fields, natural resource and energy fields, and power generation fields. Investing in farms, power plants, mines, transportation systems, and other distributors allows the company to sell resources to the world market. Marubeni has entered these various markets through multiple avenues. It may either acquire an existing business or develop an entire project internally. The two regions generating the most sales are Japan and the United States. Approximately half of sales derive from Japan, with another third coming from the United States.

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