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Atsugi Co (TSE:3529) Days Payable : 45.19 (As of Dec. 2023)


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What is Atsugi Co Days Payable?

Atsugi Co's average Accounts Payable for the three months ended in Dec. 2023 was 円1,722 Mil. Atsugi Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,476 Mil. Hence, Atsugi Co's Days Payable for the three months ended in Dec. 2023 was 45.19.

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

TSE:3529' s Days Payable Range Over the Past 10 Years
Min: 42.41   Med: 54.75   Max: 59.33
Current: 43.4

During the past 13 years, Atsugi Co's highest Days Payable was 59.33. The lowest was 42.41. And the median was 54.75.

TSE:3529's Days Payable is ranked worse than
62.39% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs TSE:3529: 43.40

Atsugi Co's Days Payable increased from Dec. 2022 (39.58) to Dec. 2023 (45.19). It may suggest that Atsugi Co delayed paying its suppliers.


Atsugi Co Days Payable Historical Data

The historical data trend for Atsugi 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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Atsugi Co Days Payable Chart

Atsugi Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.77 54.20 54.01 42.41 48.53

Atsugi 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 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 39.58 40.09 50.84 41.50 45.19

Competitive Comparison of Atsugi Co's Days Payable

For the Apparel Manufacturing subindustry, Atsugi 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.


Atsugi Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Atsugi Co's Days Payable distribution charts can be found below:

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



Atsugi 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.

Atsugi 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
=( (2065 + 1957) / 2 ) / 15125*365
=2011 / 15125*365
=48.53

Atsugi 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
=( (1774 + 1669) / 2 ) / 3476*365 / 4
=1721.5 / 3476*365 / 4
=45.19

* 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.


Atsugi Co Days Payable Related Terms

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Atsugi Co (TSE:3529) Business Description

Traded in Other Exchanges
N/A
Address
1-9-1,Ohyakita, Ebina-city, Kanagawa, JPN, 243-0493
Atsugi Co Ltd manufactures pantyhose, socks and lingerie products for women in Japan. The company also manufactures socks for elderly people.

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