GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Daimaru Enawin Co Ltd (TSE:9818) » Definitions » Days Payable

Daimaru Enawin Co (TSE:9818) Days Payable : 33.56 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Daimaru Enawin Co Days Payable?

Daimaru Enawin Co's average Accounts Payable for the three months ended in Dec. 2023 was 円2,028 Mil. Daimaru Enawin Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,514 Mil. Hence, Daimaru Enawin Co's Days Payable for the three months ended in Dec. 2023 was 33.56.

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

TSE:9818' s Days Payable Range Over the Past 10 Years
Min: 40.1   Med: 70.95   Max: 82.91
Current: 40.1

During the past 13 years, Daimaru Enawin Co's highest Days Payable was 82.91. The lowest was 40.10. And the median was 70.95.

TSE:9818's Days Payable is ranked worse than
75.86% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs TSE:9818: 40.10

Daimaru Enawin Co's Days Payable declined from Dec. 2022 (37.40) to Dec. 2023 (33.56). It may suggest that Daimaru Enawin Co accelerated paying its suppliers.


Daimaru Enawin Co Days Payable Historical Data

The historical data trend for Daimaru Enawin 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.

* Premium members only.

Daimaru Enawin Co Days Payable Chart

Daimaru Enawin Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.75 71.61 53.04 42.40 40.57

Daimaru Enawin 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.40 38.56 43.88 40.19 33.56

Competitive Comparison of Daimaru Enawin Co's Days Payable

For the Utilities - Regulated Gas subindustry, Daimaru Enawin 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.


Daimaru Enawin Co's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Daimaru Enawin Co's Days Payable falls into.



Daimaru Enawin 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.

Daimaru Enawin 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
=( (2266.286 + 2424.752) / 2 ) / 21101.186*365
=2345.519 / 21101.186*365
=40.57

Daimaru Enawin 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
=( (1648.02 + 2407.985) / 2 ) / 5513.786*365 / 4
=2028.0025 / 5513.786*365 / 4
=33.56

* 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.


Daimaru Enawin Co Days Payable Related Terms

Thank you for viewing the detailed overview of Daimaru Enawin Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Daimaru Enawin Co (TSE:9818) Business Description

Traded in Other Exchanges
N/A
Address
Midorigi 1-4-39, Suminoe District, Osaka, JPN, 559-0022
Daimaru Enawin Co Ltd is mainly engaged in the sale of liquefied petroleum gas (LPG) in Japan. Its petroleum products include kerosene, light oil, and heavy oil. It also sells gas appliances, system kitchens, air conditioning equipment, household electric appliances, and solar systems; medical gases, home medical oxygen, and medical equipment; and industrial gases, welding and fusing equipment, welding materials, and industrial equipment.

Daimaru Enawin Co (TSE:9818) Headlines

No Headlines