Fukuyama Transporting Co (TSE:9075) Days Payable : 21.58 (As of Dec. 2023)

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What is Fukuyama Transporting Co Days Payable?

Fukuyama Transporting Co's average Accounts Payable for the three months ended in Dec. 2023 was 円16,553 Mil. Fukuyama Transporting Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円69,995 Mil. Hence, Fukuyama Transporting Co's Days Payable for the three months ended in Dec. 2023 was 21.58.

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

TSE:9075' s Days Payable Range Over the Past 10 Years
Min: 21.55 Med: 25.73 Max: 27.88
Current: 21.55

During the past 13 years, Fukuyama Transporting Co's highest Days Payable was 27.88. The lowest was 21.55. And the median was 25.73.

TSE:9075's Days Payable is ranked worse than
79.16% of 931 companies
in the Transportation industry
Industry Median: 39.31 vs TSE:9075: 21.55

Fukuyama Transporting Co's Days Payable increased from Dec. 2022 (18.71) to Dec. 2023 (21.58). It may suggest that Fukuyama Transporting Co delayed paying its suppliers.

Fukuyama Transporting Co Days Payable Historical Data

The historical data trend for Fukuyama Transporting 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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Fukuyama Transporting Co Days Payable Chart

Fukuyama Transporting Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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25.82

24.21

23.00

22.20

22.25

Fukuyama Transporting 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															18.71	21.67	21.19	20.06	21.58

Competitive Comparison of Fukuyama Transporting Co's Days Payable

For the Trucking subindustry, Fukuyama Transporting 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.

Fukuyama Transporting Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fukuyama Transporting Co's Days Payable distribution charts can be found below:

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

Fukuyama Transporting 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.

Fukuyama Transporting 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
=	( (16180	+	15950)	/	2 )	/	263549	*	365
=	16065					/	263549	*	365
=	22.25

Fukuyama Transporting 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
=	( (14369	+	18737)	/	2 )	/	69995	*	365 / 4
=	16553					/	69995	*	365 / 4
=	21.58

Fukuyama Transporting Co Days Payable Related Terms

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Fukuyama Transporting Co (TSE:9075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fukuyama Transporting Co Ltd (TSE:9075) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

20-1, 4-chome, Higashi Fukatsu-cho, Hiroshima Prefecture, Fukuyama, JPN, 721-0974

Website

http://www.fukutsu.co.jp

Fukuyama Transporting Co Ltd is a transportation service provider. The company engages in various modes of transportation which include road and water. It also engages in other businesses which include warehousing, packaging and packing, real estate rental, harbor loading, customs clearance, printing, and travel. Operating its businesses from approximately 400 stores it provides its services across Japan.

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