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KITA KOUDENSHA (SSE:1734) Days Payable : 54.17 (As of Dec. 2023)


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What is KITA KOUDENSHA Days Payable?

KITA KOUDENSHA's average Accounts Payable for the three months ended in Dec. 2023 was 円2,096 Mil. KITA KOUDENSHA's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,531 Mil. Hence, KITA KOUDENSHA's Days Payable for the three months ended in Dec. 2023 was 54.17.

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

SSE:1734' s Days Payable Range Over the Past 10 Years
Min: 45.68   Med: 67.26   Max: 93.14
Current: 61.28

During the past 11 years, KITA KOUDENSHA's highest Days Payable was 93.14. The lowest was 45.68. And the median was 67.26.

SSE:1734's Days Payable is ranked worse than
60.51% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs SSE:1734: 61.28

KITA KOUDENSHA's Days Payable declined from Dec. 2022 (58.92) to Dec. 2023 (54.17). It may suggest that KITA KOUDENSHA accelerated paying its suppliers.


KITA KOUDENSHA Days Payable Historical Data

The historical data trend for KITA KOUDENSHA'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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KITA KOUDENSHA Days Payable Chart

KITA KOUDENSHA 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 82.81 55.89 71.65 45.68 65.87

KITA KOUDENSHA 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 58.92 66.61 57.86 58.28 54.17

Competitive Comparison of KITA KOUDENSHA's Days Payable

For the Engineering & Construction subindustry, KITA KOUDENSHA'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.


KITA KOUDENSHA's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, KITA KOUDENSHA's Days Payable distribution charts can be found below:

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



KITA KOUDENSHA 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.

KITA KOUDENSHA'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
=( (3057.609 + 1935.409) / 2 ) / 13833.959*365
=2496.509 / 13833.959*365
=65.87

KITA KOUDENSHA'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
=( (1688.618 + 2503.906) / 2 ) / 3531.293*365 / 4
=2096.262 / 3531.293*365 / 4
=54.17

* 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.


KITA KOUDENSHA Days Payable Related Terms

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KITA KOUDENSHA (SSE:1734) Business Description

Traded in Other Exchanges
N/A
Address
23-2-10 Nishi Kita-Juichijo, Chuo-ku Sapporo, Hokkaido, JPN, 060-0011
KITA KOUDENSHA Corp is engaged in the indoor wiring and power-related construction operations. The company undertakes projects for the construction of transmission lines, underground transmission lines, communication lines. It has an indoor wiring construction project, power related construction project and industrial equipment business which include sales of power facility equipment, low voltage generator cars, electric wires, and piping materials, information communication systems.

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