Mitsui O.S.K. Lines (TSE:9104) Days Payable : 29.14 (As of Dec. 2023)

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What is Mitsui O.S.K. Lines Days Payable?

Mitsui O.S.K. Lines's average Accounts Payable for the three months ended in Dec. 2023 was 円116,145 Mil. Mitsui O.S.K. Lines's Cost of Goods Sold for the three months ended in Dec. 2023 was 円363,758 Mil. Hence, Mitsui O.S.K. Lines's Days Payable for the three months ended in Dec. 2023 was 29.14.

The historical rank and industry rank for Mitsui O.S.K. Lines's Days Payable or its related term are showing as below:

TSE:9104' s Days Payable Range Over the Past 10 Years
Min: 25.97 Med: 29.71 Max: 35.41
Current: 29.24

During the past 13 years, Mitsui O.S.K. Lines's highest Days Payable was 35.41. The lowest was 25.97. And the median was 29.71.

TSE:9104's Days Payable is ranked worse than
65.35% of 935 companies
in the Transportation industry
Industry Median: 38.78 vs TSE:9104: 29.24

Mitsui O.S.K. Lines's Days Payable declined from Dec. 2022 (30.44) to Dec. 2023 (29.14). It may suggest that Mitsui O.S.K. Lines accelerated paying its suppliers.

Mitsui O.S.K. Lines Days Payable Historical Data

The historical data trend for Mitsui O.S.K. Lines'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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Mitsui O.S.K. Lines Days Payable Chart

Mitsui O.S.K. Lines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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26.47

28.49

27.61

25.97

28.11

Mitsui O.S.K. Lines 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															32.40	29.15	30.11	29.14	29.68

Competitive Comparison of Mitsui O.S.K. Lines's Days Payable

For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Days Payable distribution charts can be found below:

* The bar in red indicates where Mitsui O.S.K. Lines's Days Payable falls into.

Mitsui O.S.K. Lines 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.

Mitsui O.S.K. Lines'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
=	( (99872	+	112497)	/	2 )	/	1378965	*	365
=	106184.5					/	1378965	*	365
=	28.11

Mitsui O.S.K. Lines'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
=	( (119012	+	113278)	/	2 )	/	363758	*	365 / 4
=	116145					/	363758	*	365 / 4
=	29.14

Mitsui O.S.K. Lines Days Payable Related Terms

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Mitsui O.S.K. Lines (TSE:9104) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mitsui O.S.K. Lines Ltd (TSE:9104) » Definitions » Days Payable

Traded in Other Exchanges

MSLOY:USA MSLOF:USA MILA:Germany MILA:Germany

Address

1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688

Website

http://www.mol.co.jp

Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.

Mitsui O.S.K. Lines (TSE:9104) Headlines

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