King Jim Co (TSE:7962) Days Payable : 22.96 (As of Mar. 2024)

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What is King Jim Co Days Payable?

King Jim Co's average Accounts Payable for the three months ended in Mar. 2024 was 円1,638 Mil. King Jim Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円6,509 Mil. Hence, King Jim Co's Days Payable for the three months ended in Mar. 2024 was 22.96.

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

TSE:7962' s Days Payable Range Over the Past 10 Years
Min: 9.98 Med: 33.22 Max: 58.53
Current: 23.6

During the past 13 years, King Jim Co's highest Days Payable was 58.53. The lowest was 9.98. And the median was 33.22.

TSE:7962's Days Payable is ranked worse than
92.87% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs TSE:7962: 23.60

King Jim Co's Days Payable declined from Mar. 2023 (27.26) to Mar. 2024 (22.96). It may suggest that King Jim Co accelerated paying its suppliers.

King Jim Co Days Payable Historical Data

The historical data trend for King Jim 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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King Jim Co Days Payable Chart

King Jim Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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32.18

35.16

36.48

29.77

21.38

King Jim Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															27.26	20.93	27.25	24.55	22.96

Competitive Comparison of King Jim Co's Days Payable

For the Business Equipment & Supplies subindustry, King Jim 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.

King Jim Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, King Jim Co's Days Payable distribution charts can be found below:

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

King Jim 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.

King Jim Co's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (1618.476	+	1334.717)	/	2 )	/	25203.193	*	365
=	1476.5965					/	25203.193	*	365
=	21.38

King Jim Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1873.621	+	1401.556)	/	2 )	/	6509.195	*	365 / 4
=	1637.5885					/	6509.195	*	365 / 4
=	22.96

King Jim Co Days Payable Related Terms

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King Jim Co (TSE:7962) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » King Jim Co Ltd (TSE:7962) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10-18, Higashi-Kanda 2-chome, Chiyoda-ku, Tokyo, JPN

Website

http://www.kingjim.co.jp

King Jim Co.Ltd manufactures and supplies stationery and office equipment such as tape printer, electronic memo, digital business card organizer, office stationery, functional earphone, password management supplies, and functional mouse.

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