GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Toyo Gosei Co Ltd (TSE:4970) » Definitions » Days Payable

Toyo Gosei Co (TSE:4970) Days Payable : 128.99 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Toyo Gosei Co Days Payable?

Toyo Gosei Co's average Accounts Payable for the three months ended in Dec. 2023 was 円8,072 Mil. Toyo Gosei Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,710 Mil. Hence, Toyo Gosei Co's Days Payable for the three months ended in Dec. 2023 was 128.99.

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

TSE:4970' s Days Payable Range Over the Past 10 Years
Min: 55.61   Med: 102.5   Max: 138.09
Current: 129.25

During the past 13 years, Toyo Gosei Co's highest Days Payable was 138.09. The lowest was 55.61. And the median was 102.50.

TSE:4970's Days Payable is ranked better than
85.45% of 1505 companies
in the Chemicals industry
Industry Median: 61.03 vs TSE:4970: 129.25

Toyo Gosei Co's Days Payable increased from Dec. 2022 (92.12) to Dec. 2023 (128.99). It may suggest that Toyo Gosei Co delayed paying its suppliers.


Toyo Gosei Co Days Payable Historical Data

The historical data trend for Toyo Gosei 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.

Toyo Gosei Co Days Payable Chart

Toyo Gosei Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.39 112.32 101.21 115.77 138.09

Toyo Gosei Co 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 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 110.27 136.36 114.87 128.99 128.17

Competitive Comparison of Toyo Gosei Co's Days Payable

For the Chemicals subindustry, Toyo Gosei 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.


Toyo Gosei Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Toyo Gosei Co's Days Payable falls into.



Toyo Gosei 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.

Toyo Gosei Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (8657.806 + 9771) / 2 ) / 24356*365
=9214.403 / 24356*365
=138.09

Toyo Gosei 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
=( (6482 + 9661) / 2 ) / 5710*365 / 4
=8071.5 / 5710*365 / 4
=128.99

* 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.


Toyo Gosei Co Days Payable Related Terms

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


Toyo Gosei Co (TSE:4970) Business Description

Traded in Other Exchanges
N/A
Address
1-22-16, Asakusabashi Taito-ku, Hulic Asakusabashi Building, 8th Floor, Tokyo, JPN, 111-0053
Toyo Gosei Co., Ltd., is divided into Photosensitive materials, Green chemical, Energy, Aroma Chemical, and Logistics. Photosensitive materials include manufacturing of photoresist-type materials vital to semiconductors, LCD displays, and plasma displays. Green chemical involves recycling, purification and separation of waste solvents, Energy includes manufacturing of ionic liquids and electrolytes for lithium ion secondary batteries and double layer capacitors. Aroma chemical comprises of manufacturing and sale of materials for the fragrance and flavoring industries and Logistics involves support from storage to transport of dangerous substance.

Toyo Gosei Co (TSE:4970) Headlines

No Headlines