Riken Technos (TSE:4220) Days Payable : 73.08 (As of Dec. 2023)

View and export this data going back to 1961. Start your Free Trial

What is Riken Technos Days Payable?

Riken Technos's average Accounts Payable for the three months ended in Dec. 2023 was 円21,350 Mil. Riken Technos's Cost of Goods Sold for the three months ended in Dec. 2023 was 円26,658 Mil. Hence, Riken Technos's Days Payable for the three months ended in Dec. 2023 was 73.08.

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

TSE:4220' s Days Payable Range Over the Past 10 Years
Min: 71.54 Med: 81.87 Max: 86.84
Current: 75.12

During the past 13 years, Riken Technos's highest Days Payable was 86.84. The lowest was 71.54. And the median was 81.87.

TSE:4220's Days Payable is ranked better than
63.1% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs TSE:4220: 75.12

Riken Technos's Days Payable declined from Dec. 2022 (74.20) to Dec. 2023 (73.08). It may suggest that Riken Technos accelerated paying its suppliers.

Riken Technos Days Payable Historical Data

The historical data trend for Riken Technos'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.

Riken Technos Days Payable Chart

Riken Technos Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

82.13

78.54

81.99

71.54

73.02

Riken Technos 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															74.20	74.67	74.98	76.60	73.08

Competitive Comparison of Riken Technos's Days Payable

For the Chemicals subindustry, Riken Technos'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.

Riken Technos's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Riken Technos's Days Payable distribution charts can be found below:

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

Riken Technos 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.

Riken Technos'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
=	( (20075.715	+	21193.377)	/	2 )	/	103146.237	*	365
=	20634.546					/	103146.237	*	365
=	73.02

Riken Technos'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
=	( (20760.994	+	21939.915)	/	2 )	/	26657.591	*	365 / 4
=	21350.4545					/	26657.591	*	365 / 4
=	73.08

Riken Technos Days Payable Related Terms

Thank you for viewing the detailed overview of Riken Technos's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Riken Technos (TSE:4220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Riken Technos Corp (TSE:4220) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-101, Kanda-Awajicho, Waterras Tower, Chiyoda-ku, Tokyo, JPN, 101-8336

Website

http://www.rikentechnos.co.jp

Riken Technos Corp engages in the production and sale of synthetic resin products. Its operations are carried out through the following businesses: Compound, Film, Food Wrapping, and Others. The compound unit deals with synthetic resin mixtures in the form of pellets as primary materials for plastic molded products. The Film business handles synthetic resin processed into films. The Food Wrapping business manages thin synthetic resin films for food packaging use.

Riken Technos (TSE:4220) Headlines

No Headlines