Ahresty (TSE:5852) Days Payable : 33.82 (As of Dec. 2023)

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What is Ahresty Days Payable?

Ahresty's average Accounts Payable for the three months ended in Dec. 2023 was 円13,743 Mil. Ahresty's Cost of Goods Sold for the three months ended in Dec. 2023 was 円37,074 Mil. Hence, Ahresty's Days Payable for the three months ended in Dec. 2023 was 33.82.

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

TSE:5852' s Days Payable Range Over the Past 10 Years
Min: 32.49 Med: 37.46 Max: 44.68
Current: 33.37

During the past 13 years, Ahresty's highest Days Payable was 44.68. The lowest was 32.49. And the median was 37.46.

TSE:5852's Days Payable is ranked worse than
86.27% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs TSE:5852: 33.37

Ahresty's Days Payable increased from Dec. 2022 (32.52) to Dec. 2023 (33.82). It may suggest that Ahresty delayed paying its suppliers.

Ahresty Days Payable Historical Data

The historical data trend for Ahresty'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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Ahresty Days Payable Chart

Ahresty Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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34.34

34.38

39.59

35.29

32.49

Ahresty 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															32.52	33.72	31.77	33.48	33.82

Competitive Comparison of Ahresty's Days Payable

For the Metal Fabrication subindustry, Ahresty'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.

Ahresty's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ahresty's Days Payable distribution charts can be found below:

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

Ahresty 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.

Ahresty'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
=	( (11557	+	11670)	/	2 )	/	130458	*	365
=	11613.5					/	130458	*	365
=	32.49

Ahresty'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
=	( (14051	+	13434)	/	2 )	/	37074	*	365 / 4
=	13742.5					/	37074	*	365 / 4
=	33.82

Ahresty Days Payable Related Terms

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Ahresty (TSE:5852) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ahresty Corp (TSE:5852) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-38-1, Chuo, Sumitomo-Nakanosakaue Building 11F, Nakano-ku, Tokyo, JPN, 164-0011

Website

http://www.ahresty.co.jp

Ahresty Corp is a Japan-based company engaged in the manufacture of die castings. The company operates in three business segments. Its Die casting business segment is mainly involved in production and sales of auto parts, general engine parts, industrial machinery parts, and dies particularly in Japan, North America, and Asia. The Aluminum business segment is comprised of smelting and sales of aluminum alloy ingots. Its Proprietary products business segment covers marketing access floors and its accessories.

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