Okaya (NGO:7485) Days Payable : 45.42 (As of Nov. 2023)

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What is Okaya Days Payable?

Okaya's average Accounts Payable for the three months ended in Nov. 2023 was 円126,071 Mil. Okaya's Cost of Goods Sold for the three months ended in Nov. 2023 was 円253,291 Mil. Hence, Okaya's Days Payable for the three months ended in Nov. 2023 was 45.42.

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

NGO:7485' s Days Payable Range Over the Past 10 Years
Min: 40.2 Med: 46.38 Max: 56.8
Current: 45.21

During the past 13 years, Okaya's highest Days Payable was 56.80. The lowest was 40.20. And the median was 46.38.

NGO:7485's Days Payable is ranked better than
53.57% of 588 companies
in the Steel industry
Industry Median: 41.41 vs NGO:7485: 45.21

Okaya's Days Payable increased from Nov. 2022 (44.54) to Nov. 2023 (45.42). It may suggest that Okaya delayed paying its suppliers.

Okaya Days Payable Historical Data

The historical data trend for Okaya'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.

Okaya Days Payable Chart

Okaya Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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47.65

52.08

40.20

46.95

45.07

Okaya Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															51.36	47.53	45.27	45.42	42.97

Competitive Comparison of Okaya's Days Payable

For the Steel subindustry, Okaya'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.

Okaya's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Okaya's Days Payable distribution charts can be found below:

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

Okaya 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.

Okaya's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (127337	+	126304)	/	2 )	/	1027030	*	365
=	126820.5					/	1027030	*	365
=	45.07

Okaya's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (123389	+	128752)	/	2 )	/	253291	*	365 / 4
=	126070.5					/	253291	*	365 / 4
=	45.42

Okaya Days Payable Related Terms

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Okaya (NGO:7485) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Okaya & Co Ltd (NGO:7485) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sakae 2 - chome No. 4 18, Naka-ku, Aichi Prefecture, Nagoya, JPN

Website

http://www.okaya.co.jp

Okaya & Co Ltd is a Japan based trading company. It is engaged in the businesses of, iron and steel; information and electronics; industrial machinery and materials; and living related products. Its products include iron and steel, special steel, non-ferrous metals, electrical and electronic parts, chemical products, machinery and tools, piping and housing equipment, construction-related items, and food products.

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