Sumitomo Osaka Cement Co (TSE:5232) Days Payable : 60.88 (As of Dec. 2023)

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What is Sumitomo Osaka Cement Co Days Payable?

Sumitomo Osaka Cement Co's average Accounts Payable for the three months ended in Dec. 2023 was 円30,098 Mil. Sumitomo Osaka Cement Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円45,113 Mil. Hence, Sumitomo Osaka Cement Co's Days Payable for the three months ended in Dec. 2023 was 60.88.

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

TSE:5232' s Days Payable Range Over the Past 10 Years
Min: 53.33 Med: 56.1 Max: 72.53
Current: 60.15

During the past 13 years, Sumitomo Osaka Cement Co's highest Days Payable was 72.53. The lowest was 53.33. And the median was 56.10.

TSE:5232's Days Payable is ranked worse than
55.65% of 372 companies
in the Building Materials industry
Industry Median: 67.09 vs TSE:5232: 60.15

Sumitomo Osaka Cement Co's Days Payable declined from Dec. 2022 (63.53) to Dec. 2023 (60.88). It may suggest that Sumitomo Osaka Cement Co accelerated paying its suppliers.

Sumitomo Osaka Cement Co Days Payable Historical Data

The historical data trend for Sumitomo Osaka Cement 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.

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Sumitomo Osaka Cement Co Days Payable Chart

Sumitomo Osaka Cement Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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53.33

53.43

54.03

72.53

60.22

Sumitomo Osaka Cement 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															63.53	59.05	61.52	58.75	60.88

Competitive Comparison of Sumitomo Osaka Cement Co's Days Payable

For the Building Materials subindustry, Sumitomo Osaka Cement 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.

Sumitomo Osaka Cement Co's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sumitomo Osaka Cement Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sumitomo Osaka Cement Co's Days Payable falls into.

Sumitomo Osaka Cement 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.

Sumitomo Osaka Cement 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
=	( (28344	+	29676)	/	2 )	/	175841	*	365
=	29010					/	175841	*	365
=	60.22

Sumitomo Osaka Cement 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
=	( (30471	+	29725)	/	2 )	/	45113	*	365 / 4
=	30098					/	45113	*	365 / 4
=	60.88

Sumitomo Osaka Cement Co Days Payable Related Terms

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Sumitomo Osaka Cement Co (TSE:5232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sumitomo Osaka Cement Co Ltd (TSE:5232) » Definitions » Days Payable

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SUCEF:USA

Address

6-28, Rokubancho, Chiyoda-ku, Tokyo, JPN, 102-8465

Website

http://www.soc.co.jp

Sumitomo Osaka Cement Co Ltd is a producer of cement and cement-related products. The largest operating segment by revenue offers assorted cements, ready-mix concrete, cement-related solidification materials, supply of electrical power, and recycling of raw materials and fuel. Sumitomo Osaka Cement also supplies repairing and reinforcing products for concrete structures, mineral resources, optoelectronics, and advanced materials. Sumitomo's operation is focused on Japan, with nearly all its revenue generated in the Japan area.

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