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Krosaki Harima (TSE:5352) Days Payable : 44.93 (As of Dec. 2023)


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What is Krosaki Harima Days Payable?

Krosaki Harima's average Accounts Payable for the three months ended in Dec. 2023 was 円17,574 Mil. Krosaki Harima's Cost of Goods Sold for the three months ended in Dec. 2023 was 円35,693 Mil. Hence, Krosaki Harima's Days Payable for the three months ended in Dec. 2023 was 44.93.

The historical rank and industry rank for Krosaki Harima's Days Payable or its related term are showing as below:

TSE:5352' s Days Payable Range Over the Past 10 Years
Min: 46   Med: 52.24   Max: 72.05
Current: 46

During the past 13 years, Krosaki Harima's highest Days Payable was 72.05. The lowest was 46.00. And the median was 52.24.

TSE:5352's Days Payable is ranked worse than
68.56% of 369 companies
in the Building Materials industry
Industry Median: 66.27 vs TSE:5352: 46.00

Krosaki Harima's Days Payable declined from Dec. 2022 (48.16) to Dec. 2023 (44.93). It may suggest that Krosaki Harima accelerated paying its suppliers.


Krosaki Harima Days Payable Historical Data

The historical data trend for Krosaki Harima'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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Krosaki Harima Days Payable Chart

Krosaki Harima 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 49.34 52.87 50.81 46.82 47.27

Krosaki Harima 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 48.62 44.12 46.14 44.93 47.65

Competitive Comparison of Krosaki Harima's Days Payable

For the Building Materials subindustry, Krosaki Harima'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.


Krosaki Harima's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Krosaki Harima's Days Payable distribution charts can be found below:

* The bar in red indicates where Krosaki Harima's Days Payable falls into.



Krosaki Harima 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.

Krosaki Harima'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
=( (17580 + 19111) / 2 ) / 141652*365
=18345.5 / 141652*365
=47.27

Krosaki Harima'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
=( (18348 + 16800) / 2 ) / 35693*365 / 4
=17574 / 35693*365 / 4
=44.93

* 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.


Krosaki Harima Days Payable Related Terms

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Krosaki Harima (TSE:5352) Business Description

Traded in Other Exchanges
Address
1-1, Higashihama-machi, Yahatanishi-ku, Kitakyushu, JPN, 806-8586
Krosaki Harima Corp manufactures and sells refractory and ceramic products. Its refractory products include blast furnace, hot stove, coke oven, torpedo ladle, electric arc furnace, steel ladle, and continuous casting refractories, as well as oxygen converter refractories for basic oxygen steelmaking processes, and monolithic refractories for furnace repair/equipment; and walking beam and hearth, pusher, rotary hearth, double walking beam, roller hearth, batch-type reheating, tunnel kiln, and other industrial furnaces. It also provides advanced ceramic materials, including low thermal expansion, oxide engineering, and machinable ceramics; thin flat heaters, hot plates, and jacket heaters. In addition, it is involved in the furnace construction and maintenance activities.

Krosaki Harima (TSE:5352) Headlines

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