Aica Kogyo Co (TSE:4206) Days Payable : 62.30 (As of Dec. 2023)

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What is Aica Kogyo Co Days Payable?

Aica Kogyo Co's average Accounts Payable for the three months ended in Dec. 2023 was 円30,141 Mil. Aica Kogyo Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円44,148 Mil. Hence, Aica Kogyo Co's Days Payable for the three months ended in Dec. 2023 was 62.30.

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

TSE:4206' s Days Payable Range Over the Past 10 Years
Min: 59.38 Med: 68.25 Max: 76.53
Current: 63.41

During the past 13 years, Aica Kogyo Co's highest Days Payable was 76.53. The lowest was 59.38. And the median was 68.25.

TSE:4206's Days Payable is ranked better than
54.06% of 468 companies
in the Conglomerates industry
Industry Median: 58.265 vs TSE:4206: 63.41

Aica Kogyo Co's Days Payable declined from Dec. 2022 (63.03) to Dec. 2023 (62.30). It may suggest that Aica Kogyo Co accelerated paying its suppliers.

Aica Kogyo Co Days Payable Historical Data

The historical data trend for Aica Kogyo 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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Aica Kogyo Co Days Payable Chart

Aica Kogyo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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67.49

66.86

70.42

62.48

59.38

Aica Kogyo 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															63.03	61.74	64.37	60.92	62.30

Competitive Comparison of Aica Kogyo Co's Days Payable

For the Conglomerates subindustry, Aica Kogyo 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.

Aica Kogyo Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aica Kogyo Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Aica Kogyo Co's Days Payable falls into.

Aica Kogyo 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.

Aica Kogyo 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
=	( (31451	+	28824)	/	2 )	/	185257	*	365
=	30137.5					/	185257	*	365
=	59.38

Aica Kogyo 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
=	( (29356	+	30926)	/	2 )	/	44148	*	365 / 4
=	30141					/	44148	*	365 / 4
=	62.30

Aica Kogyo Co Days Payable Related Terms

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Aica Kogyo Co (TSE:4206) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aica Kogyo Co Ltd (TSE:4206) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

R5Y:Germany

Address

1-1 1-1 Meina Station, JP Tower Nagoya, 26th Floor, Aichi, JPN

Website

http://www.aica.co.jp

Aica Kogyo Co Ltd is a Japanese manufacturing company. It operates its business in four segments which are Chemical Products, Specialty & Performance Materials, Laminated Sheets, and Building & Housing Materials. The company mainly provides adhesives, resin, melamine doors, wall coating materials, countertops, decorative panels, polyester panels and boards. It also provides solar batteries, lamps, and silicone materials.

Aica Kogyo Co (TSE:4206) Headlines

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