Chubu Electric Power Co (TSE:9502) Days Payable : 30.33 (As of Dec. 2023)

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What is Chubu Electric Power Co Days Payable?

Chubu Electric Power Co's average Accounts Payable for the three months ended in Dec. 2023 was 円269,736 Mil. Chubu Electric Power Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円811,646 Mil. Hence, Chubu Electric Power Co's Days Payable for the three months ended in Dec. 2023 was 30.33.

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

TSE:9502' s Days Payable Range Over the Past 10 Years
Min: 16.28 Med: 21 Max: 33.45
Current: 31.02

During the past 13 years, Chubu Electric Power Co's highest Days Payable was 33.45. The lowest was 16.28. And the median was 21.00.

TSE:9502's Days Payable is ranked worse than
85.22% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.265 vs TSE:9502: 31.02

Chubu Electric Power Co's Days Payable declined from Dec. 2022 (31.34) to Dec. 2023 (30.33). It may suggest that Chubu Electric Power Co accelerated paying its suppliers.

Chubu Electric Power Co Days Payable Historical Data

The historical data trend for Chubu Electric Power 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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Chubu Electric Power Co Days Payable Chart

Chubu Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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20.29

25.72

31.73

28.54

33.45

Chubu Electric Power 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															28.47	35.60	27.95	30.33	28.50

Competitive Comparison of Chubu Electric Power Co's Days Payable

For the Utilities - Diversified subindustry, Chubu Electric Power 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.

Chubu Electric Power Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chubu Electric Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chubu Electric Power Co's Days Payable falls into.

Chubu Electric Power 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.

Chubu Electric Power 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
=	( (327487	+	271297)	/	2 )	/	3267074	*	365
=	299392					/	3267074	*	365
=	33.45

Chubu Electric Power 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
=	( (273915	+	265557)	/	2 )	/	811646	*	365 / 4
=	269736					/	811646	*	365 / 4
=	30.33

Chubu Electric Power Co Days Payable Related Terms

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Chubu Electric Power Co (TSE:9502) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chubu Electric Power Co Inc (TSE:9502) » Definitions » Days Payable

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Traded in Other Exchanges

CHUEF:USA 0C2:Germany

Address

1, Higashi-shincho, Higashi-ku, Aichi, Nagoya, JPN, 461-8680

Website

http://www.chuden.co.jp

Chubu Electric Power Co Inc is a Japanese electric utilities firm that operates in the Chubu region in central Japan. This region is one of Japan's largest manufacturing areas and home to a variety of Japanese industries. Primarily, the company generates, distributes, and sells electricity, natural gas, and on-site energy products and services. Secondarily, the firm provides overseas consulting, investment, and IT services. The company's chief segments include Electric Power, which supplies electric power to residential, commercial, and industrial customers, and Energy, which sells natural gas and operates cogeneration facilities.

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