Shinko Shoji Co (TSE:8141) Days Payable : 43.56 (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

What is Shinko Shoji Co Days Payable?

Shinko Shoji Co's average Accounts Payable for the three months ended in Dec. 2023 was 円17,040 Mil. Shinko Shoji Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円35,693 Mil. Hence, Shinko Shoji Co's Days Payable for the three months ended in Dec. 2023 was 43.56.

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

TSE:8141' s Days Payable Range Over the Past 10 Years
Min: 37.59 Med: 45.53 Max: 57.13
Current: 40.37

During the past 13 years, Shinko Shoji Co's highest Days Payable was 57.13. The lowest was 37.59. And the median was 45.53.

TSE:8141's Days Payable is ranked worse than
78.07% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs TSE:8141: 40.37

Shinko Shoji Co's Days Payable increased from Dec. 2022 (40.51) to Dec. 2023 (43.56). It may suggest that Shinko Shoji Co delayed paying its suppliers.

Shinko Shoji Co Days Payable Historical Data

The historical data trend for Shinko Shoji 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.

Shinko Shoji Co Days Payable Chart

Shinko Shoji Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

44.00

44.97

43.51

42.38

37.59

Shinko Shoji 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															40.51	37.41	41.81	41.54	43.56

Competitive Comparison of Shinko Shoji Co's Days Payable

For the Electronics & Computer Distribution subindustry, Shinko Shoji 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.

Shinko Shoji Co's Days Payable Distribution in the Hardware Industry

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

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

Shinko Shoji 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.

Shinko Shoji 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
=	( (17324	+	16061)	/	2 )	/	162074	*	365
=	16692.5					/	162074	*	365
=	37.59

Shinko Shoji 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
=	( (18261	+	15819)	/	2 )	/	35693	*	365 / 4
=	17040					/	35693	*	365 / 4
=	43.56

Shinko Shoji Co Days Payable Related Terms

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

Shinko Shoji Co (TSE:8141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shinko Shoji Co Ltd (TSE:8141) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SKSJF:USA

Address

Art Village Osaki Central Tower13F, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8540

Website

https://www.shinko-sj.co.jp

Shinko Shoji Co Ltd is engaged in the sale, import and export of electronic components & assembly products which includes memory products, microcomputers, system large scale integrations, semiconductors, capacitors, ferrite cores & color liquid crystals.

Shinko Shoji Co (TSE:8141) Headlines

No Headlines