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Kansai Paint Co (TSE:4613) Days Payable : 80.32 (As of Dec. 2023)


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What is Kansai Paint Co Days Payable?

Kansai Paint Co's average Accounts Payable for the three months ended in Dec. 2023 was 円89,301 Mil. Kansai Paint Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円101,448 Mil. Hence, Kansai Paint Co's Days Payable for the three months ended in Dec. 2023 was 80.32.

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

TSE:4613' s Days Payable Range Over the Past 10 Years
Min: 75.5   Med: 89.29   Max: 95.51
Current: 82.04

During the past 13 years, Kansai Paint Co's highest Days Payable was 95.51. The lowest was 75.50. And the median was 89.29.

TSE:4613's Days Payable is ranked better than
66.84% of 1502 companies
in the Chemicals industry
Industry Median: 60.4 vs TSE:4613: 82.04

Kansai Paint Co's Days Payable declined from Dec. 2022 (83.35) to Dec. 2023 (80.32). It may suggest that Kansai Paint Co accelerated paying its suppliers.


Kansai Paint Co Days Payable Historical Data

The historical data trend for Kansai Paint 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.

Kansai Paint Co Days Payable Chart

Kansai Paint Co 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 89.79 85.43 91.65 84.81 75.50

Kansai Paint 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 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 83.35 85.72 76.93 82.07 80.32

Competitive Comparison of Kansai Paint Co's Days Payable

For the Specialty Chemicals subindustry, Kansai Paint 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.


Kansai Paint Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Kansai Paint Co's Days Payable falls into.



Kansai Paint 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.

Kansai Paint 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
=( (72896 + 80999) / 2 ) / 372018*365
=76947.5 / 372018*365
=75.50

Kansai Paint 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
=( (89242 + 89360) / 2 ) / 101448*365 / 4
=89301 / 101448*365 / 4
=80.32

* 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.


Kansai Paint Co Days Payable Related Terms

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Kansai Paint Co (TSE:4613) Business Description

Traded in Other Exchanges
Address
6-14, Imabashi 2-chome, Chuo-ku, Osaka, JPN, 541-8523
Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings; automotive refinish coatings; decorative coatings; protection coatings; and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. Kansai Paint sells its products primarily to the automotive, marine, and construction industries.

Kansai Paint Co (TSE:4613) Headlines

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