Sato Holdings (TSE:6287) Days Payable : 26.51 (As of Dec. 2023)

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What is Sato Holdings Days Payable?

Sato Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円6,329 Mil. Sato Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円21,786 Mil. Hence, Sato Holdings's Days Payable for the three months ended in Dec. 2023 was 26.51.

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

TSE:6287' s Days Payable Range Over the Past 10 Years
Min: 30.06 Med: 40.8 Max: 42.22
Current: 30.06

During the past 13 years, Sato Holdings's highest Days Payable was 42.22. The lowest was 30.06. And the median was 40.80.

TSE:6287's Days Payable is ranked worse than
88.57% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs TSE:6287: 30.06

Sato Holdings's Days Payable declined from Dec. 2022 (31.61) to Dec. 2023 (26.51). It may suggest that Sato Holdings accelerated paying its suppliers.

Sato Holdings Days Payable Historical Data

The historical data trend for Sato Holdings'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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Sato Holdings Days Payable Chart

Sato Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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40.09

38.67

41.19

40.83

34.86

Sato Holdings 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															31.61	33.40	31.30	27.92	26.51

Competitive Comparison of Sato Holdings's Days Payable

For the Business Equipment & Supplies subindustry, Sato Holdings'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.

Sato Holdings's Days Payable Distribution in the Industrial Products Industry

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

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

Sato Holdings 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.

Sato Holdings'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
=	( (9073	+	7379)	/	2 )	/	86140	*	365
=	8226					/	86140	*	365
=	34.86

Sato Holdings'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
=	( (6160	+	6497)	/	2 )	/	21786	*	365 / 4
=	6328.5					/	21786	*	365 / 4
=	26.51

Sato Holdings Days Payable Related Terms

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Sato Holdings (TSE:6287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sato Holdings Corp (TSE:6287) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-1 Shimomeguro, Knowledge Plaza, Meguro-ku, Tokyo, JPN, 153-0064

Website

http://www.sato.co.jp

Sato Holdings Corp is an Electronic Components company. Sato Holdings has four business segments divided by region: Japan, America, Europe, and Asia & Oceania. The company manufactures and sells data collections systems and labeling products across these four geographic regions. Furthermore, the company is engaged in a variety of business-to-business operations such as cargo delivery, printing services, application software development, and real estate businesses. The company earns the vast majority of its revenue in Japan.

Sato Holdings (TSE:6287) Headlines

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