Sumitomo Warehouse Co (TSE:9303) Days Payable : 27.17 (As of Dec. 2023)

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What is Sumitomo Warehouse Co Days Payable?

Sumitomo Warehouse Co's average Accounts Payable for the three months ended in Dec. 2023 was 円12,285 Mil. Sumitomo Warehouse Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円41,252 Mil. Hence, Sumitomo Warehouse Co's Days Payable for the three months ended in Dec. 2023 was 27.17.

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

TSE:9303' s Days Payable Range Over the Past 10 Years
Min: 27.26 Med: 28.67 Max: 29.46
Current: 27.78

During the past 13 years, Sumitomo Warehouse Co's highest Days Payable was 29.46. The lowest was 27.26. And the median was 28.67.

TSE:9303's Days Payable is ranked worse than
68.49% of 933 companies
in the Transportation industry
Industry Median: 39.08 vs TSE:9303: 27.78

Sumitomo Warehouse Co's Days Payable increased from Dec. 2022 (24.53) to Dec. 2023 (27.17). It may suggest that Sumitomo Warehouse Co delayed paying its suppliers.

Sumitomo Warehouse Co Days Payable Historical Data

The historical data trend for Sumitomo Warehouse 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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Sumitomo Warehouse Co Days Payable Chart

Sumitomo Warehouse Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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29.46

28.54

28.52

28.35

27.26

Sumitomo Warehouse 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															24.53	29.12	27.11	27.11	27.17

Competitive Comparison of Sumitomo Warehouse Co's Days Payable

For the Integrated Freight & Logistics subindustry, Sumitomo Warehouse 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.

Sumitomo Warehouse Co's Days Payable Distribution in the Transportation Industry

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

* The bar in red indicates where Sumitomo Warehouse Co's Days Payable falls into.

Sumitomo Warehouse 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.

Sumitomo Warehouse 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
=	( (15880	+	12250)	/	2 )	/	188332	*	365
=	14065					/	188332	*	365
=	27.26

Sumitomo Warehouse 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
=	( (12433	+	12137)	/	2 )	/	41252	*	365 / 4
=	12285					/	41252	*	365 / 4
=	27.17

Sumitomo Warehouse Co Days Payable Related Terms

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Sumitomo Warehouse Co (TSE:9303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sumitomo Warehouse Co Ltd (TSE:9303) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nakanoshima 3-chome 2-18, Sumitomo Nakanoshima Building, Kita-ku, Osaka, JPN, 530-0005

Website

http://www.sumitomo-soko.co.jp

Sumitomo Warehouse Co Ltd is a logistics company domiciled in Japan. The company organises itself into three segments: logistics, shipping, and real estate. The logistics segment, which generates the majority of revenue, provides warehousing, transports cargo by air and land, and provides harbour transportation. Shipping, which generates the next largest portion of revenue, includes vessel operations to transport goods by sea. The real estate segment leases and sells real estate. The company derives the majority of income domestically.

Sumitomo Warehouse Co (TSE:9303) Headlines

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