Eagle Industry Co (TSE:6486) Days Payable : 24.85 (As of Dec. 2023)

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What is Eagle Industry Co Days Payable?

Eagle Industry Co's average Accounts Payable for the three months ended in Dec. 2023 was 円8,945 Mil. Eagle Industry Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円32,838 Mil. Hence, Eagle Industry Co's Days Payable for the three months ended in Dec. 2023 was 24.85.

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

TSE:6486' s Days Payable Range Over the Past 10 Years
Min: 25.33 Med: 27.84 Max: 29.27
Current: 26.26

During the past 13 years, Eagle Industry Co's highest Days Payable was 29.27. The lowest was 25.33. And the median was 27.84.

TSE:6486's Days Payable is ranked worse than
91.27% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs TSE:6486: 26.26

Eagle Industry Co's Days Payable declined from Dec. 2022 (27.54) to Dec. 2023 (24.85). It may suggest that Eagle Industry Co accelerated paying its suppliers.

Eagle Industry Co Days Payable Historical Data

The historical data trend for Eagle Industry 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.

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Eagle Industry Co Days Payable Chart

Eagle Industry Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

25.33

28.25

29.27

28.67

26.50

Eagle Industry 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															27.05	28.69	26.22	24.85	25.15

Competitive Comparison of Eagle Industry Co's Days Payable

For the Specialty Industrial Machinery subindustry, Eagle Industry 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.

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

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

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

Eagle Industry 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.

Eagle Industry 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
=	( (9655	+	9134)	/	2 )	/	129385	*	365
=	9394.5					/	129385	*	365
=	26.50

Eagle Industry 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
=	( (9166	+	8723)	/	2 )	/	32838	*	365 / 4
=	8944.5					/	32838	*	365 / 4
=	24.85

Eagle Industry Co Days Payable Related Terms

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Eagle Industry Co (TSE:6486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eagle Industry Co Ltd (TSE:6486) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-1, Shiba-koen, Minato-ku, Tokyo, JPN, 105-8587

Website

https://www.ekkeagle.com/jp

Eagle Industry Co., Ltd. is a valve manufacturing firm. The company manufactures mechanical seals, which is mainly used in transportation equipment such as automobiles, ships, airplanes, and for rotary machinery such as pumps and compressors for various plants. It operates through four business divisions automobile and construction machinery industries, general industry, marine industry, and aerospace industry. Its product portfolio includes mechanical seal, rubber bearings, permeable bladder type accumulator, rotary joint, and expansion tank.

Eagle Industry Co (TSE:6486) Headlines

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