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Ryosan Co (TSE:8140) Days Payable : 60.42 (As of Dec. 2023)


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What is Ryosan Co Days Payable?

Ryosan Co's average Accounts Payable for the three months ended in Dec. 2023 was 円40,593 Mil. Ryosan Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円61,304 Mil. Hence, Ryosan Co's Days Payable for the three months ended in Dec. 2023 was 60.42.

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

TSE:8140' s Days Payable Range Over the Past 10 Years
Min: 45.86   Med: 52.2   Max: 56.19
Current: 56.19

During the past 13 years, Ryosan Co's highest Days Payable was 56.19. The lowest was 45.86. And the median was 52.20.

TSE:8140's Days Payable is ranked worse than
61.34% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs TSE:8140: 56.19

Ryosan Co's Days Payable increased from Dec. 2022 (55.70) to Dec. 2023 (60.42). It may suggest that Ryosan Co delayed paying its suppliers.


Ryosan Co Days Payable Historical Data

The historical data trend for Ryosan 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.

Ryosan Co Days Payable Chart

Ryosan 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 52.68 50.72 55.84 55.96 51.71

Ryosan 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 55.70 50.20 59.96 57.25 60.42

Competitive Comparison of Ryosan Co's Days Payable

For the Electronics & Computer Distribution subindustry, Ryosan 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.


Ryosan Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ryosan Co's Days Payable distribution charts can be found below:

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



Ryosan 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.

Ryosan 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
=( (42976 + 39999) / 2 ) / 292849*365
=41487.5 / 292849*365
=51.71

Ryosan 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
=( (42239 + 38947) / 2 ) / 61304*365 / 4
=40593 / 61304*365 / 4
=60.42

* 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.


Ryosan Co Days Payable Related Terms

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Ryosan Co (TSE:8140) Business Description

Traded in Other Exchanges
N/A
Address
2-3-5, Higashi-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0031
Ryosan Co Ltd is a Japan-based electronic trading company that sells semiconductors, electronic components, and electronic equipment. The company also has a solutions operation that complements other business segments by aiding customers with the optimization of their manufacturing processes. The majority of Ryosan's revenue can be traced back to its semiconductor business where it serves as the intermediary between semiconductor producers and electronics manufacturers. Products are sold primarily to market participants in Asia, with the majority of demand coming from customers in Japan and China.

Ryosan Co (TSE:8140) Headlines

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