Kuroda Precision Industries (TSE:7726) Days Payable : 32.13 (As of Dec. 2023)

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What is Kuroda Precision Industries Days Payable?

Kuroda Precision Industries's average Accounts Payable for the three months ended in Dec. 2023 was 円1,165 Mil. Kuroda Precision Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,309 Mil. Hence, Kuroda Precision Industries's Days Payable for the three months ended in Dec. 2023 was 32.13.

The historical rank and industry rank for Kuroda Precision Industries's Days Payable or its related term are showing as below:

TSE:7726' s Days Payable Range Over the Past 10 Years
Min: 35.63 Med: 37.91 Max: 90.7
Current: 36.26

During the past 13 years, Kuroda Precision Industries's highest Days Payable was 90.70. The lowest was 35.63. And the median was 37.91.

TSE:7726's Days Payable is ranked worse than
83.72% of 2924 companies
in the Industrial Products industry
Industry Median: 76.835 vs TSE:7726: 36.26

Kuroda Precision Industries's Days Payable declined from Dec. 2022 (34.64) to Dec. 2023 (32.13). It may suggest that Kuroda Precision Industries accelerated paying its suppliers.

Kuroda Precision Industries Days Payable Historical Data

The historical data trend for Kuroda Precision Industries'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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Kuroda Precision Industries Days Payable Chart

Kuroda Precision Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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36.68

38.13

37.69

36.29

35.63

Kuroda Precision Industries 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															34.64	33.32	43.14	38.36	32.13

Competitive Comparison of Kuroda Precision Industries's Days Payable

For the Tools & Accessories subindustry, Kuroda Precision Industries'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.

Kuroda Precision Industries's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kuroda Precision Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Kuroda Precision Industries's Days Payable falls into.

Kuroda Precision Industries 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.

Kuroda Precision Industries'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
=	( (1610.155	+	1769.436)	/	2 )	/	17310.476	*	365
=	1689.7955					/	17310.476	*	365
=	35.63

Kuroda Precision Industries'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
=	( (1175.022	+	1154.909)	/	2 )	/	3308.778	*	365 / 4
=	1164.9655					/	3308.778	*	365 / 4
=	32.13

Kuroda Precision Industries Days Payable Related Terms

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Kuroda Precision Industries (TSE:7726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kuroda Precision Industries Ltd (TSE:7726) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasaki Tech Center 580-16 Horikawa-cho, Kawasaki-shi, Kawasaki, JPN, 212-8560

Website

http://www.kuroda-precision.co.jp

Kuroda Precision Industries Ltd operates as a gauge manufacturer in Japan. The company's product includes gauges, ball screws, tool holders, press tools, machine tools, lubricating oil supply device for semi-dry processing, and ultra-precision measuring systems among others.

Kuroda Precision Industries (TSE:7726) Headlines

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