Kyorin Pharmaceutical Co (TSE:4569) Days Payable : 73.23 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Kyorin Pharmaceutical Co Days Payable?

Kyorin Pharmaceutical Co's average Accounts Payable for the three months ended in Dec. 2023 was 円14,173 Mil. Kyorin Pharmaceutical Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円17,661 Mil. Hence, Kyorin Pharmaceutical Co's Days Payable for the three months ended in Dec. 2023 was 73.23.

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

TSE:4569' s Days Payable Range Over the Past 10 Years
Min: 58.18 Med: 76.41 Max: 88.82
Current: 69.13

During the past 13 years, Kyorin Pharmaceutical Co's highest Days Payable was 88.82. The lowest was 58.18. And the median was 76.41.

TSE:4569's Days Payable is ranked worse than
60.47% of 974 companies
in the Drug Manufacturers industry
Industry Median: 87.765 vs TSE:4569: 69.13

Kyorin Pharmaceutical Co's Days Payable increased from Dec. 2022 (67.00) to Dec. 2023 (73.23). It may suggest that Kyorin Pharmaceutical Co delayed paying its suppliers.

Kyorin Pharmaceutical Co Days Payable Historical Data

The historical data trend for Kyorin Pharmaceutical 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.

* Premium members only.

Kyorin Pharmaceutical Co Days Payable Chart

Kyorin Pharmaceutical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

70.48

73.13

59.65

58.18

71.31

Kyorin Pharmaceutical Co 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															67.00	58.02	74.36	75.38	73.23

Competitive Comparison of Kyorin Pharmaceutical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Kyorin Pharmaceutical 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.

Kyorin Pharmaceutical Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kyorin Pharmaceutical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kyorin Pharmaceutical Co's Days Payable falls into.

Kyorin Pharmaceutical 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.

Kyorin Pharmaceutical Co'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
=	( (10896	+	13762)	/	2 )	/	63103	*	365
=	12329					/	63103	*	365
=	71.31

Kyorin Pharmaceutical 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
=	( (14191	+	14155)	/	2 )	/	17661	*	365 / 4
=	14173					/	17661	*	365 / 4
=	73.23

Kyorin Pharmaceutical Co Days Payable Related Terms

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

Kyorin Pharmaceutical Co (TSE:4569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kyorin Pharmaceutical Co Ltd (TSE:4569) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6, Kanda Surugadai 4-chome, Chiyoda-ku, Tokyo, JPN, 101-8311

Website

https://www.kyorin-pharm.co.jp

Kyorin Pharmaceutical Co Ltd is engaged in manufacturing and sale of pharmaceutical products. The company manages its business in two reportable segments namely Pharmaceutical Business and the Consumer Healthcare (Skincare) Business. The Pharmaceutical business focuses on producing and selling ethical drugs, generic drugs and over-the-counter drugs. The Consumer Healthcare (Skincare) Business mainly sells and purchases skincare products. The company's products include Kipres, for treating bronchial asthma and allergic rhinitis; Mucodyne, a mucoregulant; Pentasa, for treating ulcerative colitis and Crohn's disease; and Uritos, for treating overactive bladder. Majority of the company's revenue comes from domestic sales.

Kyorin Pharmaceutical Co (TSE:4569) Headlines

No Headlines