Aso International (TSE:9340) Days Payable : 25.38 (As of Dec. 2023)

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What is Aso International Days Payable?

Aso International's average Accounts Payable for the three months ended in Dec. 2023 was 円133 Mil. Aso International's Cost of Goods Sold for the three months ended in Dec. 2023 was 円478 Mil. Hence, Aso International's Days Payable for the three months ended in Dec. 2023 was 25.38.

The historical rank and industry rank for Aso International's Days Payable or its related term are showing as below:

TSE:9340' s Days Payable Range Over the Past 10 Years
Min: 25.17 Med: 26.5 Max: 26.69
Current: 25.17

During the past 3 years, Aso International's highest Days Payable was 26.69. The lowest was 25.17. And the median was 26.50.

TSE:9340's Days Payable is ranked worse than
88.93% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 73.005 vs TSE:9340: 25.17

Aso International's Days Payable increased from Dec. 2022 (23.63) to Dec. 2023 (25.38). It may suggest that Aso International delayed paying its suppliers.

Aso International Days Payable Historical Data

The historical data trend for Aso International'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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Aso International Days Payable Chart

Aso International Annual Data

Trend

Jun21

Jun22

Jun23

Days Payable

26.50

25.88

26.69

Aso International Quarterly Data
	Jun21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial			23.63	25.16	26.33	24.82	25.38

Competitive Comparison of Aso International's Days Payable

For the Medical Instruments & Supplies subindustry, Aso International'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.

Aso International's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aso International's Days Payable distribution charts can be found below:

* The bar in red indicates where Aso International's Days Payable falls into.

Aso International 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.

Aso International's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (124.522	+	132.976)	/	2 )	/	1760.428	*	365
=	128.749					/	1760.428	*	365
=	26.69

Aso International'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
=	( (137.356	+	128.528)	/	2 )	/	477.974	*	365 / 4
=	132.942					/	477.974	*	365 / 4
=	25.38

Aso International Days Payable Related Terms

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Aso International (TSE:9340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Aso International Inc (TSE:9340) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-11-8 Ginza, Chuo-ku, No. 22 Chuo Building, 3rd FLoor, Tokyo, JPN, 104-0061

Website

http://www.aso-inter.co.jp

Aso International Inc is engaged in the manufacturing and sale of orthodontic appliances.

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