Maezawa Industries (TSE:6489) Days Payable : 26.40 (As of Feb. 2024)

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What is Maezawa Industries Days Payable?

Maezawa Industries's average Accounts Payable for the three months ended in Feb. 2024 was 円2,069 Mil. Maezawa Industries's Cost of Goods Sold for the three months ended in Feb. 2024 was 円7,149 Mil. Hence, Maezawa Industries's Days Payable for the three months ended in Feb. 2024 was 26.40.

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

TSE:6489' s Days Payable Range Over the Past 10 Years
Min: 15.52 Med: 46 Max: 148.99
Current: 36.22

During the past 13 years, Maezawa Industries's highest Days Payable was 148.99. The lowest was 15.52. And the median was 46.00.

TSE:6489's Days Payable is ranked worse than
83.71% of 2935 companies
in the Industrial Products industry
Industry Median: 76.43 vs TSE:6489: 36.22

Maezawa Industries's Days Payable declined from Feb. 2023 (44.73) to Feb. 2024 (26.40). It may suggest that Maezawa Industries accelerated paying its suppliers.

Maezawa Industries Days Payable Historical Data

The historical data trend for Maezawa Industries'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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Maezawa Industries Days Payable Chart

Maezawa Industries Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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43.58

45.97

41.51

39.93

46.02

Maezawa Industries Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															44.73	38.63	61.94	23.13	26.40

Competitive Comparison of Maezawa Industries's Days Payable

For the Pollution & Treatment Controls subindustry, Maezawa Industries'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.

Maezawa Industries's Days Payable Distribution in the Industrial Products Industry

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

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

Maezawa Industries 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.

Maezawa Industries's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (2569	+	3212)	/	2 )	/	22927	*	365
=	2890.5					/	22927	*	365
=	46.02

Maezawa Industries's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (1767	+	2370)	/	2 )	/	7149	*	365 / 4
=	2068.5					/	7149	*	365 / 4
=	26.40

Maezawa Industries Days Payable Related Terms

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Maezawa Industries (TSE:6489) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Maezawa Industries Inc (TSE:6489) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-7-2 Yaesu, Chuo-ku, Tokyo, JPN, 104-8351

Website

http://www.maezawa.co.jp

Maezawa Industries Inc is a provider of water and environmental engineering services. The company manufactures and sells equipment and valves for both water and sewage facilities. Its product portfolio includes Gate valves, Control valves, Butterfly valves, Check valves, Eccentric valves, Air valves, Hydrants, Maintenance valves, ESO valves, Sluice Gates, and environmental systems including water purification, sewage treatment soil purification, and system consultation services. Its water treatment solutions include High-quality water supply, water purification, wastewater treatment, and industrial environment.

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