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Anritsu (Anritsu) Days Payable : 34.83 (As of Mar. 2024)


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What is Anritsu Days Payable?

Anritsu's average Accounts Payable for the three months ended in Mar. 2024 was $42.8 Mil. Anritsu's Cost of Goods Sold for the three months ended in Mar. 2024 was $112.1 Mil. Hence, Anritsu's Days Payable for the three months ended in Mar. 2024 was 34.83.

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

AITUF' s Days Payable Range Over the Past 10 Years
Min: 40.56   Med: 56.76   Max: 79.04
Current: 40.56

During the past 13 years, Anritsu's highest Days Payable was 79.04. The lowest was 40.56. And the median was 56.76.

AITUF's Days Payable is ranked worse than
77.78% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs AITUF: 40.56

Anritsu's Days Payable declined from Mar. 2023 (43.79) to Mar. 2024 (34.83). It may suggest that Anritsu accelerated paying its suppliers.


Anritsu Days Payable Historical Data

The historical data trend for Anritsu'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.

Anritsu Days Payable Chart

Anritsu Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.29 53.21 57.41 54.37 46.30

Anritsu 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 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 43.79 51.08 39.23 38.92 34.83

Competitive Comparison of Anritsu's Days Payable

For the Electronic Components subindustry, Anritsu'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.


Anritsu's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Anritsu's Days Payable distribution charts can be found below:

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



Anritsu 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.

Anritsu'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
=( (55.677 + 43.112) / 2 ) / 389.364*365
=49.3945 / 389.364*365
=46.30

Anritsu's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (42.512 + 43.112) / 2 ) / 112.149*365 / 4
=42.812 / 112.149*365 / 4
=34.83

* 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.


Anritsu Days Payable Related Terms

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Anritsu (Anritsu) Business Description

Traded in Other Exchanges
Address
5-1-1 Onna, Atsugi-shi, Kanagawa, JPN, 243-8555
Anritsu Corp is an electronic components manufacturer. The company has three business segments: Measurement, Products Quality Assurance, and Others. The Measurement segment offers measuring devices for mobile phone acceptance testing by mobile phone operators. The Product Quality Assurance Segment offers automatic electronic weighing equipment and contaminant detectors for food, cosmetics, and pharmaceutical industries, and x-ray detectors for contaminants. Anritsu's x-ray machines can detect and remove metal fragments. The Other business segment has a variety of interests, including telecommunication equipment, logistics, and real estate. The company earns the vast majority of its revenue in Japan.

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