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Suzuki Motor (TSE:7269) Days Payable : 37.10 (As of Dec. 2023)


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What is Suzuki Motor Days Payable?

Suzuki Motor's average Accounts Payable for the three months ended in Dec. 2023 was 円382,077 Mil. Suzuki Motor's Cost of Goods Sold for the three months ended in Dec. 2023 was 円939,680 Mil. Hence, Suzuki Motor's Days Payable for the three months ended in Dec. 2023 was 37.10.

The historical rank and industry rank for Suzuki Motor's Days Payable or its related term are showing as below:

TSE:7269' s Days Payable Range Over the Past 10 Years
Min: 34.01   Med: 55.71   Max: 76.14
Current: 34.19

During the past 13 years, Suzuki Motor's highest Days Payable was 76.14. The lowest was 34.01. And the median was 55.71.

TSE:7269's Days Payable is ranked worse than
81.71% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs TSE:7269: 34.19

Suzuki Motor's Days Payable increased from Dec. 2022 (32.87) to Dec. 2023 (37.10). It may suggest that Suzuki Motor delayed paying its suppliers.


Suzuki Motor Days Payable Historical Data

The historical data trend for Suzuki Motor'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.

* Premium members only.

Suzuki Motor Days Payable Chart

Suzuki Motor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.39 42.48 46.46 41.60 34.01

Suzuki Motor 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.87 32.61 35.20 34.56 37.10

Competitive Comparison of Suzuki Motor's Days Payable

For the Auto Manufacturers subindustry, Suzuki Motor'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.


Suzuki Motor's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Suzuki Motor's Days Payable falls into.



Suzuki Motor 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.

Suzuki Motor'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
=( (287724 + 362913) / 2 ) / 3491714*365
=325318.5 / 3491714*365
=34.01

Suzuki Motor'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
=( (412014 + 352139) / 2 ) / 939680*365 / 4
=382076.5 / 939680*365 / 4
=37.10

* 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.


Suzuki Motor Days Payable Related Terms

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Suzuki Motor (TSE:7269) Business Description

Traded in Other Exchanges
Address
300 Takatsuka-cho, Minami-ku, Shizuoka, Hamamatsu, JPN, 432-8611
Suzuki Motor Corp is an automobile manufacturing company. It organizes itself into three segments based on product type namely: automobile, motorcycle, and Marine business. The automotive business, which contributes the vast majority of revenue, largely focuses on passenger vehicles. The motorcycle business manufactures on- and off-road motorcycles and scooters, and contributes the next-largest portion of sales. The Marine business manufactures four-stroke motors for marine use. Nearly half of consolidated revenue is derived from Asian countries excluding Japan, with a third of sales made domestically.

Suzuki Motor (TSE:7269) Headlines

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