Marutongyo Co (FSE:7894) Days Payable : 36.94 (As of Nov. 2023)

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What is Marutongyo Co Days Payable?

Marutongyo Co's average Accounts Payable for the three months ended in Nov. 2023 was 円1,498 Mil. Marutongyo Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円3,701 Mil. Hence, Marutongyo Co's Days Payable for the three months ended in Nov. 2023 was 36.94.

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

FSE:7894' s Days Payable Range Over the Past 10 Years
Min: 18.28 Med: 38.54 Max: 44.28
Current: 38.3

During the past 11 years, Marutongyo Co's highest Days Payable was 44.28. The lowest was 18.28. And the median was 38.54.

FSE:7894's Days Payable is ranked worse than
74.86% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs FSE:7894: 38.30

Marutongyo Co's Days Payable declined from Nov. 2022 (43.34) to Nov. 2023 (36.94). It may suggest that Marutongyo Co accelerated paying its suppliers.

Marutongyo Co Days Payable Historical Data

The historical data trend for Marutongyo 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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Marutongyo Co Days Payable Chart

Marutongyo Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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41.08

44.27

44.28

40.25

36.39

Marutongyo Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															43.34	43.08	35.64	33.53	36.94

Competitive Comparison of Marutongyo Co's Days Payable

For the Packaging & Containers subindustry, Marutongyo 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.

Marutongyo Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Marutongyo Co's Days Payable distribution charts can be found below:

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

Marutongyo 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.

Marutongyo Co's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (1511.964	+	1535.345)	/	2 )	/	15280.557	*	365
=	1523.6545					/	15280.557	*	365
=	36.39

Marutongyo Co's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (1428.589	+	1567.969)	/	2 )	/	3701.378	*	365 / 4
=	1498.279					/	3701.378	*	365 / 4
=	36.94

Marutongyo Co Days Payable Related Terms

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Marutongyo Co (FSE:7894) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Maruto Sangyo Co Ltd (FSE:7894) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

892-1 Hikata, Ogori, Fukuoka, JPN, 838-0112

Website

https://www.marutosangyo.co.jp

Maruto Sangyo Co Ltd produces and sells laminated films and paper products for the packaging companies in Japan. It is also engaged in photogravure printing and bag-making, photogravure cylinder making, sales of paper packaging, packing paper, and label stickers, plastic molding products, and packing materials. It also sells packaging machinery and industrial machinery, agricultural-related materials, and horticultural equipment.

Marutongyo Co (FSE:7894) Headlines

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