Ecology and Combustion (NGO:6225) Days Payable : 83.11 (As of Jan. 2024)

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What is Ecology and Combustion Days Payable?

Ecology and Combustion's average Accounts Payable for the three months ended in Jan. 2024 was 円312 Mil. Ecology and Combustion's Cost of Goods Sold for the three months ended in Jan. 2024 was 円342 Mil. Hence, Ecology and Combustion's Days Payable for the three months ended in Jan. 2024 was 83.11.

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

NGO:6225' s Days Payable Range Over the Past 10 Years
Min: 71.28 Med: 189.72 Max: 263.1
Current: 71.28

During the past 2 years, Ecology and Combustion's highest Days Payable was 263.10. The lowest was 71.28. And the median was 189.72.

NGO:6225's Days Payable is ranked worse than
54.16% of 2936 companies
in the Industrial Products industry
Industry Median: 76.415 vs NGO:6225: 71.28

Ecology and Combustion's Days Payable declined from Jan. 2023 (87.65) to Jan. 2024 (83.11). It may suggest that Ecology and Combustion accelerated paying its suppliers.

Ecology and Combustion Days Payable Historical Data

The historical data trend for Ecology and Combustion'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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Ecology and Combustion Days Payable Chart

Ecology and Combustion Annual Data

Trend

Jul22

Jul23

Days Payable

263.10

116.33

Ecology and Combustion Quarterly Data
	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial			87.65	48.07	57.51	135.45	83.11

Competitive Comparison of Ecology and Combustion's Days Payable

For the Specialty Industrial Machinery subindustry, Ecology and Combustion'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.

Ecology and Combustion's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ecology and Combustion's Days Payable falls into.

Ecology and Combustion 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.

Ecology and Combustion's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (750.918	+	357.362)	/	2 )	/	1738.673	*	365
=	554.14					/	1738.673	*	365
=	116.33

Ecology and Combustion's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (274.95	+	348.823)	/	2 )	/	342.448	*	365 / 4
=	311.8865					/	342.448	*	365 / 4
=	83.11

Ecology and Combustion Days Payable Related Terms

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Ecology and Combustion (NGO:6225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ecology and Combustion Inc (NGO:6225) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-5-6 Shinmiyakoda (Hamamatsu Technopolis), Kita-Ku, Hamamatsu, JPN, 4312103

Website

https://www.ecom-jp.co.jp

Ecology and Combustion Inc is engaged in the development, design, manufacture and maintenance of heating equipment. It develops, design, manufacture, and maintain deodorizing equipment, aluminum melting/holding furnaces, drying furnaces, heat treatment furnaces, and burners.

Ecology and Combustion (NGO:6225) Headlines

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