Rock Paint Co (TSE:4621) Days Payable : 41.00 (As of Sep. 2023)

View and export this data going back to 1963. Start your Free Trial

What is Rock Paint Co Days Payable?

Rock Paint Co's average Accounts Payable for the three months ended in Sep. 2023 was 円2,559 Mil. Rock Paint Co's Cost of Goods Sold for the three months ended in Sep. 2023 was 円5,696 Mil. Hence, Rock Paint Co's Days Payable for the three months ended in Sep. 2023 was 41.00.

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

TSE:4621' s Days Payable Range Over the Past 10 Years
Min: 37.17 Med: 58.49 Max: 80.81
Current: 39.48

During the past 13 years, Rock Paint Co's highest Days Payable was 80.81. The lowest was 37.17. And the median was 58.49.

TSE:4621's Days Payable is not ranked
in the Chemicals industry.
Industry Median: 61.065 vs TSE:4621: 39.48

Rock Paint Co's Days Payable declined from Sep. 2022 (42.92) to Sep. 2023 (41.00). It may suggest that Rock Paint Co accelerated paying its suppliers.

Rock Paint Co Days Payable Historical Data

The historical data trend for Rock 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.

Rock Paint Co Days Payable Chart

Rock Paint Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

50.94

37.17

39.96

39.51

37.39

Rock Paint Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															42.92	40.44	39.24	36.33	41.00

Competitive Comparison of Rock Paint Co's Days Payable

For the Specialty Chemicals subindustry, Rock 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.

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

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

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

Rock 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.

Rock 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
=	( (2377	+	2253)	/	2 )	/	22598	*	365
=	2315					/	22598	*	365
=	37.39

Rock Paint Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2588	+	2530)	/	2 )	/	5696	*	365 / 4
=	2559					/	5696	*	365 / 4
=	41.00

Rock Paint Co Days Payable Related Terms

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

Rock Paint Co (TSE:4621) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rock Paint Co Ltd (TSE:4621) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 47 3-chome Yodogawa-ku, Himejima, Osaka, JPN, 555-0033

Website

http://www.rockpaint.co.jp

Rock Paint Co Ltd manufactures and markets paint and adhesive products in Japan. The product line includes - Automotive refinish paints, building paints, industrial paints, and home use paints.

Rock Paint Co (TSE:4621) Headlines

No Headlines