Osaki Electric Co (TSE:6644) Days Payable : 37.17 (As of Dec. 2023)

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What is Osaki Electric Co Days Payable?

Osaki Electric Co's average Accounts Payable for the three months ended in Dec. 2023 was 円7,332 Mil. Osaki Electric Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円17,998 Mil. Hence, Osaki Electric Co's Days Payable for the three months ended in Dec. 2023 was 37.17.

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

TSE:6644' s Days Payable Range Over the Past 10 Years
Min: 35.87 Med: 52.12 Max: 65.54
Current: 35.87

During the past 13 years, Osaki Electric Co's highest Days Payable was 65.54. The lowest was 35.87. And the median was 52.12.

TSE:6644's Days Payable is ranked worse than
83% of 2423 companies
in the Hardware industry
Industry Median: 68.13 vs TSE:6644: 35.87

Osaki Electric Co's Days Payable increased from Dec. 2022 (34.77) to Dec. 2023 (37.17). It may suggest that Osaki Electric Co delayed paying its suppliers.

Osaki Electric Co Days Payable Historical Data

The historical data trend for Osaki Electric 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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Osaki Electric Co Days Payable Chart

Osaki Electric Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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52.26

46.66

45.84

44.53

39.67

Osaki Electric 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															34.77	29.54	42.98	37.78	37.17

Competitive Comparison of Osaki Electric Co's Days Payable

For the Scientific & Technical Instruments subindustry, Osaki Electric 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.

Osaki Electric Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Osaki Electric Co's Days Payable distribution charts can be found below:

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

Osaki Electric 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.

Osaki Electric 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
=	( (7324	+	8172)	/	2 )	/	71289	*	365
=	7748					/	71289	*	365
=	39.67

Osaki Electric 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
=	( (7332	+	7331)	/	2 )	/	17998	*	365 / 4
=	7331.5					/	17998	*	365 / 4
=	37.17

Osaki Electric Co Days Payable Related Terms

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Osaki Electric Co (TSE:6644) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Osaki Electric Co Ltd (TSE:6644) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-2 Higashi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8646

Website

http://www.osaki.co.jp

Osaki Electric Co Ltd is a Japan based company engaged in manufacturing measurement and control equipment. Its product offering includes electricity meter, meter transformer, power distribution automation equipment, time switch, demand control equipment, energy management system, automatic meter reading system, smart home-related equipment, optical communications equipment, distribution board, other manufacturing and sales of electrical machinery and equipment.

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