Mitani Sekisan Co (TSE:5273) Days Payable : 47.41 (As of Dec. 2023)

View and export this data going back to 1963. Start your Free Trial

What is Mitani Sekisan Co Days Payable?

Mitani Sekisan Co's average Accounts Payable for the three months ended in Dec. 2023 was 円8,584 Mil. Mitani Sekisan Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円16,519 Mil. Hence, Mitani Sekisan Co's Days Payable for the three months ended in Dec. 2023 was 47.41.

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

TSE:5273' s Days Payable Range Over the Past 10 Years
Min: 51.19 Med: 58.05 Max: 93.51
Current: 51.43

During the past 13 years, Mitani Sekisan Co's highest Days Payable was 93.51. The lowest was 51.19. And the median was 58.05.

TSE:5273's Days Payable is ranked worse than
69.36% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs TSE:5273: 51.43

Mitani Sekisan Co's Days Payable declined from Dec. 2022 (56.41) to Dec. 2023 (47.41). It may suggest that Mitani Sekisan Co accelerated paying its suppliers.

Mitani Sekisan Co Days Payable Historical Data

The historical data trend for Mitani Sekisan 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.

* Premium members only.

Mitani Sekisan Co Days Payable Chart

Mitani Sekisan Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

56.27

51.62

56.06

53.34

51.19

Mitani Sekisan 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															56.41	53.18	54.70	49.03	47.41

Competitive Comparison of Mitani Sekisan Co's Days Payable

For the Building Products & Equipment subindustry, Mitani Sekisan 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.

Mitani Sekisan Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mitani Sekisan Co's Days Payable distribution charts can be found below:

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

Mitani Sekisan 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.

Mitani Sekisan 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
=	( (10208	+	9481)	/	2 )	/	70188	*	365
=	9844.5					/	70188	*	365
=	51.19

Mitani Sekisan 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
=	( (8584	+	8583)	/	2 )	/	16519	*	365 / 4
=	8583.5					/	16519	*	365 / 4
=	47.41

Mitani Sekisan Co Days Payable Related Terms

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

Mitani Sekisan Co (TSE:5273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mitani Sekisan Co Ltd (TSE:5273) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3-1 Toyoshima, Mitani Building, Fukui-shi,, Fukui, JPN, 910-8571

Website

http://www.m-sekisan.co.jp

Mitani Sekisan Co., Ltd. is a Japanese company. It is engaged in the production and sales of concrete secondary products, manufacture, and sale of gravel products, foundation work, and rental for revetment. The company focuses on manufacturing gravel and stones which are used for civil engineering construction, railway tracking and pavement roadbed materials, raw concrete and various concrete secondary products, aggregates of asphalt composite material and construction materials. It also produces concrete piles and poles and environmental products. The Information-Related Business deals with computer peripheral sales and consigned software production.

Mitani Sekisan Co (TSE:5273) Headlines

No Headlines