Tokyo Gas Co (Tokyo Gas Co) Days Payable : 15.60 (As of Dec. 2023)

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What is Tokyo Gas Co Days Payable?

Tokyo Gas Co's average Accounts Payable for the three months ended in Dec. 2023 was $633 Mil. Tokyo Gas Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,704 Mil. Hence, Tokyo Gas Co's Days Payable for the three months ended in Dec. 2023 was 15.60.

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

TKGSF' s Days Payable Range Over the Past 10 Years
Min: 9.85 Med: 22.21 Max: 31.02
Current: 13.24

During the past 13 years, Tokyo Gas Co's highest Days Payable was 31.02. The lowest was 9.85. And the median was 22.21.

TKGSF's Days Payable is ranked worse than
96.57% of 495 companies
in the Utilities - Regulated industry
Industry Median: 67.1 vs TKGSF: 13.24

Tokyo Gas Co's Days Payable increased from Dec. 2022 (13.29) to Dec. 2023 (15.60). It may suggest that Tokyo Gas Co delayed paying its suppliers.

Tokyo Gas Co Days Payable Historical Data

The historical data trend for Tokyo Gas 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.

Tokyo Gas Co Days Payable Chart

Tokyo Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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19.83

24.62

17.37

10.53

13.97

Tokyo Gas 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															10.08	11.04	11.74	15.60	14.78

Competitive Comparison of Tokyo Gas Co's Days Payable

For the Utilities - Regulated Gas subindustry, Tokyo Gas 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.

Tokyo Gas Co's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Tokyo Gas Co's Days Payable falls into.

Tokyo Gas 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.

Tokyo Gas 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
=	( (477.652	+	640.862)	/	2 )	/	14612.711	*	365
=	559.257					/	14612.711	*	365
=	13.97

Tokyo Gas 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
=	( (545.321	+	720.752)	/	2 )	/	3703.774	*	365 / 4
=	633.0365					/	3703.774	*	365 / 4
=	15.60

Tokyo Gas Co Days Payable Related Terms

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Tokyo Gas Co (Tokyo Gas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tokyo Gas Co Ltd (OTCPK:TKGSF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TKGSY:USA 9531:Japan TOG:Germany

Address

1-5-20 Kaigan Minato-ku, Tokyo, JPN, 105-8527

Website

http://www.tokyo-gas.co.jp

Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.

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