Sinanen Holdings Co (TSE:8132) Days Payable : 28.71 (As of Dec. 2023)

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What is Sinanen Holdings Co Days Payable?

Sinanen Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円27,699 Mil. Sinanen Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円88,043 Mil. Hence, Sinanen Holdings Co's Days Payable for the three months ended in Dec. 2023 was 28.71.

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

TSE:8132' s Days Payable Range Over the Past 10 Years
Min: 3.42 Med: 35.21 Max: 40.98
Current: 32.28

During the past 13 years, Sinanen Holdings Co's highest Days Payable was 40.98. The lowest was 3.42. And the median was 35.21.

TSE:8132's Days Payable is ranked worse than
74.11% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs TSE:8132: 32.28

Sinanen Holdings Co's Days Payable declined from Dec. 2022 (30.48) to Dec. 2023 (28.71). It may suggest that Sinanen Holdings Co accelerated paying its suppliers.

Sinanen Holdings Co Days Payable Historical Data

The historical data trend for Sinanen Holdings 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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Sinanen Holdings Co Days Payable Chart

Sinanen Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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35.43

34.27

40.98

40.10

35.18

Sinanen Holdings 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															30.48	31.06	31.26	25.28	28.71

Competitive Comparison of Sinanen Holdings Co's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Sinanen Holdings 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.

Sinanen Holdings Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinanen Holdings Co's Days Payable distribution charts can be found below:

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

Sinanen Holdings 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.

Sinanen Holdings 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
=	( (32354	+	27196)	/	2 )	/	308918	*	365
=	29775					/	308918	*	365
=	35.18

Sinanen Holdings 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
=	( (18407	+	36991)	/	2 )	/	88043	*	365 / 4
=	27699					/	88043	*	365 / 4
=	28.71

Sinanen Holdings Co Days Payable Related Terms

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Sinanen Holdings Co (TSE:8132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinanen Holdings Co Ltd (TSE:8132) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 No. 22, Coastal chome, Minato-ku, Tokyo, JPN

Website

http://www.sinanen.com

Sinanen Holdings Co Ltd is a Japan-based company. It is engaged in four business segments namely: Petroleum business which involves selling liquefied petroleum gas and operation of gas stations; Electricity business; Solution business which provides support for reducing energy costs and reducing CO2 emissions, and FABHEAT business that involves support safety and security in local areas and generate stable solar power in cold, snowy regions.

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