Micronics Japan Co (TSE:6871) Days Payable : 64.00 (As of Dec. 2023)

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What is Micronics Japan Co Days Payable?

Micronics Japan Co's average Accounts Payable for the three months ended in Dec. 2023 was 円4,736 Mil. Micronics Japan Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円6,752 Mil. Hence, Micronics Japan Co's Days Payable for the three months ended in Dec. 2023 was 64.00.

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

TSE:6871' s Days Payable Range Over the Past 10 Years
Min: 73.54 Med: 90.03 Max: 125.94
Current: 79.97

During the past 13 years, Micronics Japan Co's highest Days Payable was 125.94. The lowest was 73.54. And the median was 90.03.

TSE:6871's Days Payable is ranked better than
70.69% of 962 companies
in the Semiconductors industry
Industry Median: 51.78 vs TSE:6871: 79.97

Micronics Japan Co's Days Payable declined from Dec. 2022 (65.59) to Dec. 2023 (64.00). It may suggest that Micronics Japan Co accelerated paying its suppliers.

Micronics Japan Co Days Payable Historical Data

The historical data trend for Micronics Japan 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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Micronics Japan Co Days Payable Chart

Micronics Japan Co Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Dec21

Dec22

Days Payable

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94.74

92.45

79.30

87.61

87.41

Micronics Japan Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															65.59	87.52	80.28	84.15	64.00

Competitive Comparison of Micronics Japan Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Micronics Japan 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.

Micronics Japan Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micronics Japan Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Micronics Japan Co's Days Payable falls into.

Micronics Japan 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.

Micronics Japan Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6187	+	5352)	/	2 )	/	24092	*	365
=	5769.5					/	24092	*	365
=	87.41

Micronics Japan 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
=	( (4461	+	5010)	/	2 )	/	6752	*	365 / 4
=	4735.5					/	6752	*	365 / 4
=	64.00

Micronics Japan Co Days Payable Related Terms

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Micronics Japan Co (TSE:6871) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micronics Japan Co Ltd (TSE:6871) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MJ3:Germany

Address

2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508

Website

http://www.mjc.co.jp

Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.

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