Yodogawa Steel Works (TSE:5451) Days Payable : 32.51 (As of Dec. 2023)

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What is Yodogawa Steel Works Days Payable?

Yodogawa Steel Works's average Accounts Payable for the three months ended in Dec. 2023 was 円15,639 Mil. Yodogawa Steel Works's Cost of Goods Sold for the three months ended in Dec. 2023 was 円43,892 Mil. Hence, Yodogawa Steel Works's Days Payable for the three months ended in Dec. 2023 was 32.51.

The historical rank and industry rank for Yodogawa Steel Works's Days Payable or its related term are showing as below:

TSE:5451' s Days Payable Range Over the Past 10 Years
Min: 33.68 Med: 41.69 Max: 50.34
Current: 33.94

During the past 13 years, Yodogawa Steel Works's highest Days Payable was 50.34. The lowest was 33.68. And the median was 41.69.

TSE:5451's Days Payable is ranked worse than
58.16% of 588 companies
in the Steel industry
Industry Median: 41.41 vs TSE:5451: 33.94

Yodogawa Steel Works's Days Payable declined from Dec. 2022 (40.86) to Dec. 2023 (32.51). It may suggest that Yodogawa Steel Works accelerated paying its suppliers.

Yodogawa Steel Works Days Payable Historical Data

The historical data trend for Yodogawa Steel Works'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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Yodogawa Steel Works Days Payable Chart

Yodogawa Steel Works Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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39.46

36.66

37.29

37.50

33.68

Yodogawa Steel Works 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															40.09	37.23	35.04	32.51	31.30

Competitive Comparison of Yodogawa Steel Works's Days Payable

For the Steel subindustry, Yodogawa Steel Works'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.

Yodogawa Steel Works's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yodogawa Steel Works's Days Payable distribution charts can be found below:

* The bar in red indicates where Yodogawa Steel Works's Days Payable falls into.

Yodogawa Steel Works 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.

Yodogawa Steel Works'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
=	( (17881	+	13892)	/	2 )	/	172188	*	365
=	15886.5					/	172188	*	365
=	33.68

Yodogawa Steel Works'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
=	( (15788	+	15489)	/	2 )	/	43892	*	365 / 4
=	15638.5					/	43892	*	365 / 4
=	32.51

Yodogawa Steel Works Days Payable Related Terms

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Yodogawa Steel Works (TSE:5451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Yodogawa Steel Works Ltd (TSE:5451) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-1 Minami-Honmachi, Chuo-ku, Osaka, JPN, 541-0054

Website

http://www.yodoko.co.jp

Yodogawa Steel Works Ltd is a Japan-based company primarily engaged in manufacturing of steel products. The company generates most of its revenue from its steel sheet segment, which is primarily engaged in the manufacturing and sale of cold-rolled steel, polished hoop steel, hot-dip galvanizing steel sheets, painted hot-dip galvanizing steel sheet, various steel sheets, other construction materials, and exterior products, as well as designing and engineering of construction work. Japan and Taiwan are the company's top two markets, jointly accounting for the majority of the company's sales.

Yodogawa Steel Works (TSE:5451) Headlines

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