KEIWA (TSE:4251) Days Payable : 46.51 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is KEIWA Days Payable?

KEIWA's average Accounts Payable for the three months ended in Mar. 2024 was 円1,271 Mil. KEIWA's Cost of Goods Sold for the three months ended in Mar. 2024 was 円2,494 Mil. Hence, KEIWA's Days Payable for the three months ended in Mar. 2024 was 46.51.

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

TSE:4251' s Days Payable Range Over the Past 10 Years
Min: 43.92 Med: 97.03 Max: 114.64
Current: 43.92

During the past 7 years, KEIWA's highest Days Payable was 114.64. The lowest was 43.92. And the median was 97.03.

TSE:4251's Days Payable is ranked worse than
73.61% of 2421 companies
in the Hardware industry
Industry Median: 68.09 vs TSE:4251: 43.92

KEIWA's Days Payable declined from Mar. 2023 (53.30) to Mar. 2024 (46.51). It may suggest that KEIWA accelerated paying its suppliers.

KEIWA Days Payable Historical Data

The historical data trend for KEIWA'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.

KEIWA Days Payable Chart

KEIWA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

104.80

97.03

71.74

53.41

45.77

KEIWA 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															53.30	44.50	44.19	45.18	46.51

Competitive Comparison of KEIWA's Days Payable

For the Electronic Components subindustry, KEIWA'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.

KEIWA's Days Payable Distribution in the Hardware Industry

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

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

KEIWA 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.

KEIWA's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1181.015	+	1410.022)	/	2 )	/	10332.372	*	365
=	1295.5185					/	10332.372	*	365
=	45.77

KEIWA'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
=	( (1410.022	+	1131.635)	/	2 )	/	2493.55	*	365 / 4
=	1270.8285					/	2493.55	*	365 / 4
=	46.51

KEIWA Days Payable Related Terms

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

KEIWA (TSE:4251) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KEIWA Inc (TSE:4251) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd Floor, Sumitomo Life Insurance Kayabacho Building, 2-10-5 Nihonbashi Kayabacho, Chuo-ku, Tokyo, JPN, 103-0025

Website

https://www.keiwa.co.jp

KEIWA Inc is a Japanese based company involved in the optical sheet and functional product business. The optical sheet business includes components of special optical films such as light diffusion sheets and condensing film protective films used in backlight units for liquid crystal displays such as smartphones, whereas the Functional product includes industrial packaging materials with specific functions (moisture resistance, heat resistance, durability), clean energy materials, and other industrial materials such as building materials and agricultural materials.

KEIWA (TSE:4251) Headlines

No Headlines