GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tsumura & Co (TSE:4540) » Definitions » Days Payable

Tsumura (TSE:4540) Days Payable : 71.49 (As of Dec. 2023)


View and export this data going back to 1980. Start your Free Trial

What is Tsumura Days Payable?

Tsumura's average Accounts Payable for the three months ended in Dec. 2023 was 円15,582 Mil. Tsumura's Cost of Goods Sold for the three months ended in Dec. 2023 was 円19,890 Mil. Hence, Tsumura's Days Payable for the three months ended in Dec. 2023 was 71.49.

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

TSE:4540' s Days Payable Range Over the Past 10 Years
Min: 26.32   Med: 45.23   Max: 76.6
Current: 72.68

During the past 13 years, Tsumura's highest Days Payable was 76.60. The lowest was 26.32. And the median was 45.23.

TSE:4540's Days Payable is ranked worse than
58.34% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.82 vs TSE:4540: 72.68

Tsumura's Days Payable increased from Dec. 2022 (69.70) to Dec. 2023 (71.49). It may suggest that Tsumura delayed paying its suppliers.


Tsumura Days Payable Historical Data

The historical data trend for Tsumura'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.

* Premium members only.

Tsumura Days Payable Chart

Tsumura 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 43.45 58.96 61.07 64.43 76.60

Tsumura 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 69.70 79.09 74.13 76.00 71.49

Competitive Comparison of Tsumura's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Tsumura'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.


Tsumura's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tsumura's Days Payable distribution charts can be found below:

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



Tsumura 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.

Tsumura'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
=( (13676 + 16443) / 2 ) / 71762*365
=15059.5 / 71762*365
=76.60

Tsumura'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
=( (17598 + 13566) / 2 ) / 19890*365 / 4
=15582 / 19890*365 / 4
=71.49

* 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.


Tsumura Days Payable Related Terms

Thank you for viewing the detailed overview of Tsumura's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsumura (TSE:4540) Business Description

Traded in Other Exchanges
Address
2-17-11, Akasaka, Minato-ku, Tokyo, JPN, 107-8521
Tsumura & Co is a specialty and generic drug manufacturing company. The company generates most of its revenue through prescription Kampo products, followed by over-the-counter medicines. Tsumura promotes its products through educational support at medical schools and by hosting seminars for physicians and consumers. The company considers strategic collaboration agreements to be a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

Tsumura (TSE:4540) Headlines

No Headlines