Techno Quartz (TSE:5217) Days Payable : 12.05 (As of Dec. 2023)

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What is Techno Quartz Days Payable?

Techno Quartz's average Accounts Payable for the three months ended in Dec. 2023 was 円381 Mil. Techno Quartz's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,885 Mil. Hence, Techno Quartz's Days Payable for the three months ended in Dec. 2023 was 12.05.

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

TSE:5217' s Days Payable Range Over the Past 10 Years
Min: 17.84 Med: 30.56 Max: 36.77
Current: 17.84

During the past 13 years, Techno Quartz's highest Days Payable was 36.77. The lowest was 17.84. And the median was 30.56.

TSE:5217's Days Payable is ranked worse than
91.68% of 962 companies
in the Semiconductors industry
Industry Median: 51.78 vs TSE:5217: 17.84

Techno Quartz's Days Payable declined from Dec. 2022 (25.60) to Dec. 2023 (12.05). It may suggest that Techno Quartz accelerated paying its suppliers.

Techno Quartz Days Payable Historical Data

The historical data trend for Techno Quartz'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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Techno Quartz Days Payable Chart

Techno Quartz Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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28.28

34.82

34.29

30.79

21.23

Techno Quartz 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															25.60	20.06	22.05	15.25	12.05

Competitive Comparison of Techno Quartz's Days Payable

For the Semiconductor Equipment & Materials subindustry, Techno Quartz'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.

Techno Quartz's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Techno Quartz's Days Payable distribution charts can be found below:

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

Techno Quartz 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.

Techno Quartz'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
=	( (893.215	+	738.674)	/	2 )	/	14029.703	*	365
=	815.9445					/	14029.703	*	365
=	21.23

Techno Quartz'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
=	( (316.109	+	445.834)	/	2 )	/	2885.139	*	365 / 4
=	380.9715					/	2885.139	*	365 / 4
=	12.05

Techno Quartz Days Payable Related Terms

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Techno Quartz (TSE:5217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Techno Quartz Inc (TSE:5217) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-32-2 Honcho, Harmony Tower 12th floor, Nakano-ku, Tokyo, JPN, 164-0012

Website

http://www.techno-q.com

Techno Quartz Inc is engaged in the manufacturing of semiconductors, LCD, and optics. The products of the company include vertical quartz boat, bell jar, gas distribution plate, and quartz ring.

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