Kaname Kogyo Co (TSE:6566) Days Payable : 11.85 (As of Dec. 2023)

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What is Kaname Kogyo Co Days Payable?

Kaname Kogyo Co's average Accounts Payable for the three months ended in Dec. 2023 was 円353 Mil. Kaname Kogyo Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,717 Mil. Hence, Kaname Kogyo Co's Days Payable for the three months ended in Dec. 2023 was 11.85.

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

TSE:6566' s Days Payable Range Over the Past 10 Years
Min: 11.4 Med: 11.79 Max: 12.55
Current: 12.11

During the past 8 years, Kaname Kogyo Co's highest Days Payable was 12.55. The lowest was 11.40. And the median was 11.79.

TSE:6566's Days Payable is ranked worse than
94.22% of 225 companies
in the Waste Management industry
Industry Median: 71.54 vs TSE:6566: 12.11

Kaname Kogyo Co's Days Payable increased from Dec. 2022 (11.66) to Dec. 2023 (11.85). It may suggest that Kaname Kogyo Co delayed paying its suppliers.

Kaname Kogyo Co Days Payable Historical Data

The historical data trend for Kaname Kogyo 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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Kaname Kogyo Co Days Payable Chart

Kaname Kogyo Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

12.55

11.75

11.89

11.92

11.82

Kaname Kogyo Co 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															11.66	12.58	11.70	11.35	11.85

Competitive Comparison of Kaname Kogyo Co's Days Payable

For the Waste Management subindustry, Kaname Kogyo 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.

Kaname Kogyo Co's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Kaname Kogyo Co's Days Payable distribution charts can be found below:

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

Kaname Kogyo 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.

Kaname Kogyo Co'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
=	( (318.201	+	337.249)	/	2 )	/	10119.357	*	365
=	327.725					/	10119.357	*	365
=	11.82

Kaname Kogyo 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
=	( (315.275	+	390.099)	/	2 )	/	2716.522	*	365 / 4
=	352.687					/	2716.522	*	365 / 4
=	11.85

Kaname Kogyo Co Days Payable Related Terms

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Kaname Kogyo Co (TSE:6566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Kaname Kogyo Co Ltd (TSE:6566) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-8 Ikebukuro, Toshimaku, Ikebukuro NS Building, Tokyo, JPN, 171-0014

Website

https://www.kaname-k.co.jp

Kaname Kogyo Co Ltd is a Japan-based company, engages in the provision of waste management services. It is engaged in collecting, transportation, disposal, and recycling of industrial waste, such as bins, cans, plastic bottles, bulky waste, as well as the general waste.

Kaname Kogyo Co (TSE:6566) Headlines

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