Japan Resistor Mfg Co (TSE:6977) Days Payable : 37.39 (As of Dec. 2023)

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What is Japan Resistor Mfg Co Days Payable?

Japan Resistor Mfg Co's average Accounts Payable for the three months ended in Dec. 2023 was 円603 Mil. Japan Resistor Mfg Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,472 Mil. Hence, Japan Resistor Mfg Co's Days Payable for the three months ended in Dec. 2023 was 37.39.

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

TSE:6977' s Days Payable Range Over the Past 10 Years
Min: 44.54 Med: 58.43 Max: 91.67
Current: 44.54

During the past 13 years, Japan Resistor Mfg Co's highest Days Payable was 91.67. The lowest was 44.54. And the median was 58.43.

TSE:6977's Days Payable is ranked worse than
73.23% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs TSE:6977: 44.54

Japan Resistor Mfg Co's Days Payable declined from Dec. 2022 (52.57) to Dec. 2023 (37.39). It may suggest that Japan Resistor Mfg Co accelerated paying its suppliers.

Japan Resistor Mfg Co Days Payable Historical Data

The historical data trend for Japan Resistor Mfg 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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Japan Resistor Mfg Co Days Payable Chart

Japan Resistor Mfg Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

55.49

53.29

52.67

56.54

47.63

Japan Resistor Mfg 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															52.57	53.45	43.48	41.02	37.39

Competitive Comparison of Japan Resistor Mfg Co's Days Payable

For the Electronic Components subindustry, Japan Resistor Mfg 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.

Japan Resistor Mfg Co's Days Payable Distribution in the Hardware Industry

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

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

Japan Resistor Mfg 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.

Japan Resistor Mfg Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (892.096	+	579.756)	/	2 )	/	5639.559	*	365
=	735.926					/	5639.559	*	365
=	47.63

Japan Resistor Mfg 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
=	( (626.491	+	579.756)	/	2 )	/	1471.92	*	365 / 4
=	603.1235					/	1471.92	*	365 / 4
=	37.39

Japan Resistor Mfg Co Days Payable Related Terms

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Japan Resistor Mfg Co (TSE:6977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Japan Resistor Mfg Co Ltd (TSE:6977) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2315 Kitano, Nanto-shi, Toyama, JPN, 939-1897

Website

http://www.jrm.co.jp

Japan Resistor Mfg Co Ltd is engaged in the development, manufacturing and sales of electronic devices. The company have a foothold for manufacturing and sales respectively and have developed global business particularly in Asia. Its product offering comprises fixed and variable resistors, heaters, sensors/potentiometers, hybrid IC, circuit boards and units. The company supplies its products to the various industries and fields.

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