Iwatani (TSE:8088) Days Payable : 38.47 (As of Dec. 2023)

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What is Iwatani Days Payable?

Iwatani's average Accounts Payable for the three months ended in Dec. 2023 was 円67,875 Mil. Iwatani's Cost of Goods Sold for the three months ended in Dec. 2023 was 円160,980 Mil. Hence, Iwatani's Days Payable for the three months ended in Dec. 2023 was 38.47.

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

TSE:8088' s Days Payable Range Over the Past 10 Years
Min: 36.73 Med: 50.95 Max: 68.89
Current: 39.93

During the past 13 years, Iwatani's highest Days Payable was 68.89. The lowest was 36.73. And the median was 50.95.

TSE:8088's Days Payable is ranked worse than
69.94% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs TSE:8088: 39.93

Iwatani's Days Payable increased from Dec. 2022 (37.05) to Dec. 2023 (38.47). It may suggest that Iwatani delayed paying its suppliers.

Iwatani Days Payable Historical Data

The historical data trend for Iwatani'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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Iwatani Days Payable Chart

Iwatani Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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50.18

63.07

48.32

36.73

41.06

Iwatani 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															37.78	41.44	39.85	38.47	38.99

Competitive Comparison of Iwatani's Days Payable

For the Conglomerates subindustry, Iwatani'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.

Iwatani's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Iwatani's Days Payable distribution charts can be found below:

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

Iwatani 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.

Iwatani's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (73071	+	66067)	/	2 )	/	618413	*	365
=	69569					/	618413	*	365
=	41.06

Iwatani'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
=	( (61505	+	74244)	/	2 )	/	160980	*	365 / 4
=	67874.5					/	160980	*	365 / 4
=	38.47

Iwatani Days Payable Related Terms

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Iwatani (TSE:8088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Iwatani Corp (TSE:8088) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IWTNF:USA IWA:Germany

Address

6-4, Hommachi 3-chome, Chuo-ku, Osaka, JPN, 541-0053

Website

http://www.iwatani.co.jp

Iwatani Corp is a Japanese conglomerate involved in a variety of energy, industrial, and food services activities. Iwatani segments its operations into Energy, Industrial Gases and Machinery, Materials, and Agri-bio and Foods businesses. The company derives the majority of its revenue from its Energy division. In this unit, Iwatani supplies LPG and petroleum products for household, commercial, and industrial use. The company's Industrial Gases & Machinery and Materials divisions are also responsible for significant income streams. These segments supply high-pressure gases, such as hydrogen and nitrogen, and rare earth metals used in the manufacturing of technology products, respectively. The vast majority of Iwatani's revenue comes from its operations in Japan.

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