Kawakami Paint Manufacturing Co (TSE:4616) Days Payable : 89.62 (As of Feb. 2024)

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What is Kawakami Paint Manufacturing Co Days Payable?

Kawakami Paint Manufacturing Co's average Accounts Payable for the three months ended in Feb. 2024 was 円1,150 Mil. Kawakami Paint Manufacturing Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,171 Mil. Hence, Kawakami Paint Manufacturing Co's Days Payable for the three months ended in Feb. 2024 was 89.62.

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

TSE:4616' s Days Payable Range Over the Past 10 Years
Min: 116.92 Med: 141.64 Max: 157.48
Current: 118.26

During the past 13 years, Kawakami Paint Manufacturing Co's highest Days Payable was 157.48. The lowest was 116.92. And the median was 141.64.

TSE:4616's Days Payable is ranked better than
82.61% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs TSE:4616: 118.26

Kawakami Paint Manufacturing Co's Days Payable declined from Feb. 2023 (161.34) to Feb. 2024 (89.62). It may suggest that Kawakami Paint Manufacturing Co accelerated paying its suppliers.

Kawakami Paint Manufacturing Co Days Payable Historical Data

The historical data trend for Kawakami Paint Manufacturing 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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Kawakami Paint Manufacturing Co Days Payable Chart

Kawakami Paint Manufacturing Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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141.42

143.75

128.20

147.57

116.92

Kawakami Paint Manufacturing Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															161.34	145.31	135.86	105.95	89.62

Competitive Comparison of Kawakami Paint Manufacturing Co's Days Payable

For the Specialty Chemicals subindustry, Kawakami Paint Manufacturing 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.

Kawakami Paint Manufacturing Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kawakami Paint Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kawakami Paint Manufacturing Co's Days Payable falls into.

Kawakami Paint Manufacturing 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.

Kawakami Paint Manufacturing Co's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (1992.45	+	1238.871)	/	2 )	/	5043.592	*	365
=	1615.6605					/	5043.592	*	365
=	116.92

Kawakami Paint Manufacturing Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (1238.871	+	1060.515)	/	2 )	/	1170.635	*	365 / 4
=	1149.693					/	1170.635	*	365 / 4
=	89.62

Kawakami Paint Manufacturing Co Days Payable Related Terms

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Kawakami Paint Manufacturing Co (TSE:4616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kawakami Paint Manufacturing Co Ltd (TSE:4616) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 41, No. 1-chome, Amagasaki, Tsukaguchihon, Hyogo, JPN, 661-0001

Website

http://www.kawakami-paint.co.jp

Kawakami Paint Manufacturing Co., Ltd. is engaged in manufacturing and selling various paints in Japan. Its products include heat insulation paints, ultra-low temperature powder, and water-based paints; and general purpose building paints, as well as floor coatings, building interior and exterior paints, aqueous paint, and rustproof paint.

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