Yutaka Giken Co (TSE:7229) Days Payable : 123.53 (As of Dec. 2023)

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What is Yutaka Giken Co Days Payable?

Yutaka Giken Co's average Accounts Payable for the three months ended in Dec. 2023 was 円72,671 Mil. Yutaka Giken Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円53,679 Mil. Hence, Yutaka Giken Co's Days Payable for the three months ended in Dec. 2023 was 123.53.

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

TSE:7229' s Days Payable Range Over the Past 10 Years
Min: 86.56 Med: 103.83 Max: 169.66
Current: 140.66

During the past 13 years, Yutaka Giken Co's highest Days Payable was 169.66. The lowest was 86.56. And the median was 103.83.

TSE:7229's Days Payable is ranked better than
83.66% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs TSE:7229: 140.66

Yutaka Giken Co's Days Payable declined from Dec. 2022 (161.18) to Dec. 2023 (123.53). It may suggest that Yutaka Giken Co accelerated paying its suppliers.

Yutaka Giken Co Days Payable Historical Data

The historical data trend for Yutaka Giken 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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Yutaka Giken Co Days Payable Chart

Yutaka Giken Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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102.86

114.80

133.74

169.66

154.06

Yutaka Giken 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															161.18	145.26	156.30	138.46	123.53

Competitive Comparison of Yutaka Giken Co's Days Payable

For the Auto Parts subindustry, Yutaka Giken 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.

Yutaka Giken Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yutaka Giken Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yutaka Giken Co's Days Payable falls into.

Yutaka Giken 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.

Yutaka Giken 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
=	( (95279	+	72532)	/	2 )	/	198788	*	365
=	83905.5					/	198788	*	365
=	154.06

Yutaka Giken 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
=	( (77861	+	67481)	/	2 )	/	53679	*	365 / 4
=	72671					/	53679	*	365 / 4
=	123.53

Yutaka Giken Co Days Payable Related Terms

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Yutaka Giken Co (TSE:7229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yutaka Giken Co Ltd (TSE:7229) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

508-1, Yutaka-cho, Higashi-ku, Shizuoka Prefecture, Hamamatsu, JPN, 431 3194

Website

http://www.yutakagiken.co.jp

Yutaka Giken Co., Ltd. is a Japanese based auto parts manufacturer. The company is engaged in the manufacturing and sale of automobile components. Its product line includes drive system products, exhaust system products, and braking system products including torque converters, catalytic converters, mufflers, exhaust manifolds, silencer, a heat collector, and exhaust manifold.

Yutaka Giken Co (TSE:7229) Headlines

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