Koatsu Gas Kogyo Co (TSE:4097) Days Payable : 62.61 (As of Dec. 2023)

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What is Koatsu Gas Kogyo Co Days Payable?

Koatsu Gas Kogyo Co's average Accounts Payable for the three months ended in Dec. 2023 was 円12,268 Mil. Koatsu Gas Kogyo Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円17,880 Mil. Hence, Koatsu Gas Kogyo Co's Days Payable for the three months ended in Dec. 2023 was 62.61.

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

TSE:4097' s Days Payable Range Over the Past 10 Years
Min: 60.07 Med: 69.64 Max: 73.29
Current: 64.14

During the past 13 years, Koatsu Gas Kogyo Co's highest Days Payable was 73.29. The lowest was 60.07. And the median was 69.64.

TSE:4097's Days Payable is ranked better than
53.55% of 1505 companies
in the Chemicals industry
Industry Median: 61.03 vs TSE:4097: 64.14

Koatsu Gas Kogyo Co's Days Payable increased from Dec. 2022 (59.78) to Dec. 2023 (62.61). It may suggest that Koatsu Gas Kogyo Co delayed paying its suppliers.

Koatsu Gas Kogyo Co Days Payable Historical Data

The historical data trend for Koatsu Gas 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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Koatsu Gas Kogyo Co Days Payable Chart

Koatsu Gas Kogyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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69.16

69.79

65.75

60.07

65.16

Koatsu Gas Kogyo 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															60.62	62.34	63.45	62.61	67.06

Competitive Comparison of Koatsu Gas Kogyo Co's Days Payable

For the Chemicals subindustry, Koatsu Gas 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.

Koatsu Gas Kogyo Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koatsu Gas Kogyo Co's Days Payable distribution charts can be found below:

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

Koatsu Gas 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.

Koatsu Gas Kogyo 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
=	( (11294.798	+	12921)	/	2 )	/	67825	*	365
=	12107.899					/	67825	*	365
=	65.16

Koatsu Gas 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
=	( (12094	+	12441)	/	2 )	/	17880	*	365 / 4
=	12267.5					/	17880	*	365 / 4
=	62.61

Koatsu Gas Kogyo Co Days Payable Related Terms

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Koatsu Gas Kogyo Co (TSE:4097) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Koatsu Gas Kogyo Co Ltd (TSE:4097) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

1-5, Doyama-cho, Kita-ku, Osaka, JPN, 530-8411

Website

http://www.koatsugas.co.jp

Koatsu Gas Kogyo Co., Ltd. is engaged in the production and distribution of industrial gases and chemical products. It has three operating business divisions: Gas, Chemical Products and Information Systems. The company supplies various types of gases to a broad range of industrial sectors, from living-related industries to the medical industry. Its chemical products offering includes adhesives, a synthetic resin emulsion, cyanon, special resin and a nonwoven shock-absorbing material. The company offers information systems, such as LSI cards and reader-writers for various industrial fields, such as construction, civil engineering, transportation, and production equipment; and GNSS receiver modules.

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