GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Eidai Co Ltd (TSE:7822) » Definitions » Days Payable

Eidai Co (TSE:7822) Days Payable : 38.42 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Eidai Co Days Payable?

Eidai Co's average Accounts Payable for the three months ended in Dec. 2023 was 円6,221 Mil. Eidai Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円14,773 Mil. Hence, Eidai Co's Days Payable for the three months ended in Dec. 2023 was 38.42.

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

TSE:7822' s Days Payable Range Over the Past 10 Years
Min: 41.75   Med: 57.7   Max: 127.06
Current: 42.57

During the past 13 years, Eidai Co's highest Days Payable was 127.06. The lowest was 41.75. And the median was 57.70.

TSE:7822's Days Payable is ranked worse than
71.22% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs TSE:7822: 42.57

Eidai Co's Days Payable declined from Dec. 2022 (44.23) to Dec. 2023 (38.42). It may suggest that Eidai Co accelerated paying its suppliers.


Eidai Co Days Payable Historical Data

The historical data trend for Eidai 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.

* Premium members only.

Eidai Co Days Payable Chart

Eidai Co 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 42.50 41.75 46.06 45.50 43.40

Eidai 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 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 44.23 45.16 44.42 41.47 38.42

Competitive Comparison of Eidai Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Eidai 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.


Eidai Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Eidai Co's Days Payable distribution charts can be found below:

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



Eidai 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.

Eidai 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
=( (5824 + 7343) / 2 ) / 55362*365
=6583.5 / 55362*365
=43.40

Eidai 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
=( (6228 + 6213) / 2 ) / 14773*365 / 4
=6220.5 / 14773*365 / 4
=38.42

* 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.


Eidai Co Days Payable Related Terms

Thank you for viewing the detailed overview of Eidai Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Eidai Co (TSE:7822) Business Description

Traded in Other Exchanges
N/A
Address
2-10-60 Hirabayashi Minami, Osaka, JPN, 559-8658
Eidai Co Ltd is involved in the production and sales of housing materials and wooden boards.

Eidai Co (TSE:7822) Headlines

No Headlines