Chuoh Pack Industry Co (NGO:3952) Days Payable : 32.15 (As of Dec. 2023)

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What is Chuoh Pack Industry Co Days Payable?

Chuoh Pack Industry Co's average Accounts Payable for the three months ended in Dec. 2023 was 円843 Mil. Chuoh Pack Industry Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,393 Mil. Hence, Chuoh Pack Industry Co's Days Payable for the three months ended in Dec. 2023 was 32.15.

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

NGO:3952' s Days Payable Range Over the Past 10 Years
Min: 29.67 Med: 34.73 Max: 36.73
Current: 34.95

During the past 13 years, Chuoh Pack Industry Co's highest Days Payable was 36.73. The lowest was 29.67. And the median was 34.73.

NGO:3952's Days Payable is ranked worse than
73.12% of 279 companies
in the Forest Products industry
Industry Median: 57.9 vs NGO:3952: 34.95

Chuoh Pack Industry Co's Days Payable declined from Dec. 2022 (32.60) to Dec. 2023 (32.15). It may suggest that Chuoh Pack Industry Co accelerated paying its suppliers.

Chuoh Pack Industry Co Days Payable Historical Data

The historical data trend for Chuoh Pack Industry 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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Chuoh Pack Industry Co Days Payable Chart

Chuoh Pack Industry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

29.67

33.24

36.73

33.39

35.01

Chuoh Pack Industry 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															32.60	36.07	35.69	34.71	32.15

Competitive Comparison of Chuoh Pack Industry Co's Days Payable

For the Paper & Paper Products subindustry, Chuoh Pack Industry 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.

Chuoh Pack Industry Co's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Chuoh Pack Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chuoh Pack Industry Co's Days Payable falls into.

Chuoh Pack Industry 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.

Chuoh Pack Industry 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
=	( (764.692	+	868.631)	/	2 )	/	8513.174	*	365
=	816.6615					/	8513.174	*	365
=	35.01

Chuoh Pack Industry 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
=	( (756.47	+	929.96)	/	2 )	/	2393.257	*	365 / 4
=	843.215					/	2393.257	*	365 / 4
=	32.15

Chuoh Pack Industry Co Days Payable Related Terms

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Chuoh Pack Industry Co (NGO:3952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Chuoh Pack Industry Co Ltd (NGO:3952) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

363, Kasuga-cho, Kiyosu, JPN, 452-0961

Website

http://www.mcpack.co.jp

Chuoh Pack Industry Co Ltd is a Japan-based company engages in the production and sale of corrugated cardboard products. It manufactures corrugated-cardboard products, such as special corrugated-cardboard products, paperware products, and other paper and flexible-packaging products, as well as petrochemical products.

Chuoh Pack Industry Co (NGO:3952) Headlines

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