Kaga Electronics Co (TSE:8154) Days Payable : 61.05 (As of Dec. 2023)

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What is Kaga Electronics Co Days Payable?

Kaga Electronics Co's average Accounts Payable for the three months ended in Dec. 2023 was 円76,480 Mil. Kaga Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円114,322 Mil. Hence, Kaga Electronics Co's Days Payable for the three months ended in Dec. 2023 was 61.05.

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

TSE:8154' s Days Payable Range Over the Past 10 Years
Min: 57.11 Med: 67.81 Max: 81.08
Current: 61.03

During the past 13 years, Kaga Electronics Co's highest Days Payable was 81.08. The lowest was 57.11. And the median was 67.81.

TSE:8154's Days Payable is ranked worse than
57.06% of 2422 companies
in the Hardware industry
Industry Median: 67.915 vs TSE:8154: 61.03

Kaga Electronics Co's Days Payable increased from Dec. 2022 (59.86) to Dec. 2023 (61.05). It may suggest that Kaga Electronics Co delayed paying its suppliers.

Kaga Electronics Co Days Payable Historical Data

The historical data trend for Kaga Electronics 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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Kaga Electronics Co Days Payable Chart

Kaga Electronics Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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81.08

68.14

73.13

69.74

57.11

Kaga Electronics 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															59.86	56.36	63.65	63.15	61.05

Competitive Comparison of Kaga Electronics Co's Days Payable

For the Electronics & Computer Distribution subindustry, Kaga Electronics 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.

Kaga Electronics Co's Days Payable Distribution in the Hardware Industry

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

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

Kaga Electronics 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.

Kaga Electronics 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
=	( (86493	+	79232)	/	2 )	/	529550	*	365
=	82862.5					/	529550	*	365
=	57.11

Kaga Electronics 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
=	( (77353	+	75607)	/	2 )	/	114322	*	365 / 4
=	76480					/	114322	*	365 / 4
=	61.05

Kaga Electronics Co Days Payable Related Terms

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Kaga Electronics Co (TSE:8154) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kaga Electronics Co Ltd (TSE:8154) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9V2:Germany

Address

20 Kandamatsunagacho, Chiyoda-ku, Tokyo, JPN, 101-8629

Website

http://www.taxan.co.jp

Kaga Electronics Co Ltd is a Japan based company engages in the sales of electronic components, electronic devices and other. It operates through following segments: Electronic Components, Information Equipment, Software and Other. The firm generates majority revenue from the Electronic Components.

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