Chuo Seisakusho (NGO:6846) Days Payable : 53.90 (As of Dec. 2023)

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What is Chuo Seisakusho Days Payable?

Chuo Seisakusho's average Accounts Payable for the three months ended in Dec. 2023 was 円275 Mil. Chuo Seisakusho's Cost of Goods Sold for the three months ended in Dec. 2023 was 円466 Mil. Hence, Chuo Seisakusho's Days Payable for the three months ended in Dec. 2023 was 53.90.

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

NGO:6846' s Days Payable Range Over the Past 10 Years
Min: 63.92 Med: 99.04 Max: 115.74
Current: 63.92

During the past 13 years, Chuo Seisakusho's highest Days Payable was 115.74. The lowest was 63.92. And the median was 99.04.

NGO:6846's Days Payable is ranked worse than
59.59% of 2935 companies
in the Industrial Products industry
Industry Median: 76.43 vs NGO:6846: 63.92

Chuo Seisakusho's Days Payable declined from Dec. 2022 (136.58) to Dec. 2023 (53.90). It may suggest that Chuo Seisakusho accelerated paying its suppliers.

Chuo Seisakusho Days Payable Historical Data

The historical data trend for Chuo Seisakusho'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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Chuo Seisakusho Days Payable Chart

Chuo Seisakusho Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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106.09

100.43

88.68

77.09

99.88

Chuo Seisakusho 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															136.58	71.65	120.35	43.63	53.90

Competitive Comparison of Chuo Seisakusho's Days Payable

For the Specialty Industrial Machinery subindustry, Chuo Seisakusho'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.

Chuo Seisakusho's Days Payable Distribution in the Industrial Products Industry

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

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

Chuo Seisakusho 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.

Chuo Seisakusho'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
=	( (783.095	+	629.172)	/	2 )	/	2580.551	*	365
=	706.1335					/	2580.551	*	365
=	99.88

Chuo Seisakusho'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
=	( (341.962	+	208.532)	/	2 )	/	466.01	*	365 / 4
=	275.247					/	466.01	*	365 / 4
=	53.90

Chuo Seisakusho Days Payable Related Terms

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Chuo Seisakusho (NGO:6846) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chuo Seisakusho Ltd (NGO:6846) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, No. 1 Uchihama Town, Mizuho-ku, Nagoya, JPN

Website

http://www.chuo-seisakusho.co.jp

Chuo Seisakusho is engaged as a manufacturer of electrical equipment in Japan. It has number of environmental equipments, such as electric resistance welding machine, electrolytic machining, surface treatment equipment & various types of power equipment.

Chuo Seisakusho (NGO:6846) Headlines

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