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Takuma Co (TSE:6013) Days Payable : 73.56 (As of Dec. 2023)


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What is Takuma Co Days Payable?

Takuma Co's average Accounts Payable for the three months ended in Dec. 2023 was 円24,794 Mil. Takuma Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円30,756 Mil. Hence, Takuma Co's Days Payable for the three months ended in Dec. 2023 was 73.56.

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

TSE:6013' s Days Payable Range Over the Past 10 Years
Min: 76.95   Med: 85.85   Max: 107.88
Current: 76.95

During the past 13 years, Takuma Co's highest Days Payable was 107.88. The lowest was 76.95. And the median was 85.85.

TSE:6013's Days Payable is ranked worse than
50.22% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs TSE:6013: 76.95

Takuma Co's Days Payable declined from Dec. 2022 (75.01) to Dec. 2023 (73.56). It may suggest that Takuma Co accelerated paying its suppliers.


Takuma Co Days Payable Historical Data

The historical data trend for Takuma 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.

Takuma Co Days Payable Chart

Takuma Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.05 91.29 107.88 98.04 81.05

Takuma Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 69.74 94.26 73.40 73.56 67.45

Competitive Comparison of Takuma Co's Days Payable

For the Pollution & Treatment Controls subindustry, Takuma 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.


Takuma Co's Days Payable Distribution in the Industrial Products Industry

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

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



Takuma 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.

Takuma Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (26610 + 26517) / 2 ) / 119627*365
=26563.5 / 119627*365
=81.05

Takuma 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
=( (24639 + 24948) / 2 ) / 30756*365 / 4
=24793.5 / 30756*365 / 4
=73.56

* 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.


Takuma Co Days Payable Related Terms

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Takuma Co (TSE:6013) Business Description

Traded in Other Exchanges
N/A
Address
2-2-33 Kinraku-cho, Amagasaki, Hyogo, JPN, 660-0806
Takuma Co Ltd develops a variety of technologies for waste and water treatment. It designs and constructs boilers, plant machinery, pollution-prevention plans, heating and cooling equipment, and sanitation equipment and facilities. Incinerators and recycling centers help sort, treat, and disperse resources in an efficient manner. The majority of customers are in Japan. The company works to provide solid waste treatment plants partnered with a selection of after-sales services and products. Takuma has four operating segments: domestic environment and energy, overseas environment and energy, package boiler, and equipment and system business. Cleaning systems, filters, and other equipment produce comfortable working conditions for customers.

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