Oji Holdings (TSE:3861) Days Payable : 67.86 (As of Dec. 2023)

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What is Oji Holdings Days Payable?

Oji Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円271,697 Mil. Oji Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円365,344 Mil. Hence, Oji Holdings's Days Payable for the three months ended in Dec. 2023 was 67.86.

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

TSE:3861' s Days Payable Range Over the Past 10 Years
Min: 64.88 Med: 71.62 Max: 78.03
Current: 70.78

During the past 13 years, Oji Holdings's highest Days Payable was 78.03. The lowest was 64.88. And the median was 71.62.

TSE:3861's Days Payable is ranked better than
62.86% of 280 companies
in the Forest Products industry
Industry Median: 57.025 vs TSE:3861: 70.78

Oji Holdings's Days Payable increased from Dec. 2022 (66.37) to Dec. 2023 (67.86). It may suggest that Oji Holdings delayed paying its suppliers.

Oji Holdings Days Payable Historical Data

The historical data trend for Oji Holdings'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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Oji Holdings Days Payable Chart

Oji Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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78.03

73.98

72.11

70.10

64.88

Oji Holdings 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															66.37	76.36	67.36	68.51	67.86

Competitive Comparison of Oji Holdings's Days Payable

For the Paper & Paper Products subindustry, Oji Holdings'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.

Oji Holdings's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Oji Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Oji Holdings's Days Payable falls into.

Oji Holdings 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.

Oji Holdings'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
=	( (234650	+	251176)	/	2 )	/	1366642	*	365
=	242913					/	1366642	*	365
=	64.88

Oji Holdings'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
=	( (275233	+	268161)	/	2 )	/	365344	*	365 / 4
=	271697					/	365344	*	365 / 4
=	67.86

Oji Holdings Days Payable Related Terms

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Oji Holdings (TSE:3861) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Oji Holdings Corp (TSE:3861) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OJIPY:USA OJIPF:USA OJI:Germany

Address

7-5, Ginza 4-chome, Chuo-ku, Tokyo, JPN, 104-0061

Website

http://www.ojiholdings.co.jp

Oji Holdings Corp is a holding company whose subsidiaries produce and sell pulp and a variety of paper products The company organizes itself into four segments based on product type. The household and industrial materials segment, which generates more revenue than any other segment, sells packaging materials, paper towels, toilet paper, tissues, and diapers. The functional materials segment sells adhesive paper, specialty paper, and film. The forest resources and environmental marketing segment sells lumber, pulp, and biomass fuel. The printing and communications media segment sells newsprint, magazine paper, and printer paper.

Oji Holdings (TSE:3861) Headlines

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