Ricoh Leasing Co (TSE:8566) Days Payable : 19.19 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Ricoh Leasing Co Days Payable?

Ricoh Leasing Co's average Accounts Payable for the three months ended in Dec. 2023 was 円14,348 Mil. Ricoh Leasing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円68,221 Mil. Hence, Ricoh Leasing Co's Days Payable for the three months ended in Dec. 2023 was 19.19.

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

TSE:8566' s Days Payable Range Over the Past 10 Years
Min: 23.17 Med: 28.82 Max: 45.45
Current: 23.17

During the past 13 years, Ricoh Leasing Co's highest Days Payable was 45.45. The lowest was 23.17. And the median was 28.82.

TSE:8566's Days Payable is ranked worse than
68.55% of 283 companies
in the Credit Services industry
Industry Median: 49.08 vs TSE:8566: 23.17

Ricoh Leasing Co's Days Payable increased from Dec. 2022 (19.02) to Dec. 2023 (19.19). It may suggest that Ricoh Leasing Co delayed paying its suppliers.

Ricoh Leasing Co Days Payable Historical Data

The historical data trend for Ricoh Leasing 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.

Ricoh Leasing Co Days Payable Chart

Ricoh Leasing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

26.73

24.91

27.26

28.77

28.87

Ricoh Leasing Co 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															22.93	22.74	20.61	19.19	24.65

Competitive Comparison of Ricoh Leasing Co's Days Payable

For the Credit Services subindustry, Ricoh Leasing 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.

Ricoh Leasing Co's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ricoh Leasing Co's Days Payable distribution charts can be found below:

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

Ricoh Leasing 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.

Ricoh Leasing Co'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
=	( (19995	+	21567)	/	2 )	/	262768	*	365
=	20781					/	262768	*	365
=	28.87

Ricoh Leasing 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
=	( (16603	+	12093)	/	2 )	/	68221	*	365 / 4
=	14348					/	68221	*	365 / 4
=	19.19

Ricoh Leasing Co Days Payable Related Terms

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

Ricoh Leasing Co (TSE:8566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ricoh Leasing Co Ltd (TSE:8566) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-12 Shinonome, Koto-ku, Tokyo, JPN, 135-8518

Website

http://www.r-lease.co.jp

Ricoh Leasing has two primary businesses: lease and installments, and financial services. The lease and installments business, which accounts for the vast majority of the company's revenue, provides business leasing, rental, installment, and credit products for business equipment, information-related equipment, medical equipment, and environment-related equipment. In the financial-services business, Ricoh provides loans to individuals, doctors, and corporations. It also serves as an agent to collect accounts receivable and provide billing services, and it has a credit card business and an asset-management service.

Ricoh Leasing Co (TSE:8566) Headlines

No Headlines