Sanyo Special Steel Co (TSE:5481) Days Payable : 43.08 (As of Dec. 2023)

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What is Sanyo Special Steel Co Days Payable?

Sanyo Special Steel Co's average Accounts Payable for the three months ended in Dec. 2023 was 円34,252 Mil. Sanyo Special Steel Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円72,542 Mil. Hence, Sanyo Special Steel Co's Days Payable for the three months ended in Dec. 2023 was 43.08.

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

TSE:5481' s Days Payable Range Over the Past 10 Years
Min: 37.27 Med: 46.92 Max: 65.75
Current: 44.57

During the past 13 years, Sanyo Special Steel Co's highest Days Payable was 65.75. The lowest was 37.27. And the median was 46.92.

TSE:5481's Days Payable is ranked better than
53.4% of 588 companies
in the Steel industry
Industry Median: 41.41 vs TSE:5481: 44.57

Sanyo Special Steel Co's Days Payable declined from Dec. 2022 (45.53) to Dec. 2023 (43.08). It may suggest that Sanyo Special Steel Co accelerated paying its suppliers.

Sanyo Special Steel Co Days Payable Historical Data

The historical data trend for Sanyo Special Steel 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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Sanyo Special Steel Co Days Payable Chart

Sanyo Special Steel Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

48.58

48.78

46.48

49.69

47.35

Sanyo Special Steel 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															45.14	42.03	44.86	43.08	45.81

Competitive Comparison of Sanyo Special Steel Co's Days Payable

For the Steel subindustry, Sanyo Special Steel 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.

Sanyo Special Steel Co's Days Payable Distribution in the Steel Industry

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

* The bar in red indicates where Sanyo Special Steel Co's Days Payable falls into.

Sanyo Special Steel 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.

Sanyo Special Steel 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
=	( (39543	+	39357)	/	2 )	/	304101	*	365
=	39450					/	304101	*	365
=	47.35

Sanyo Special Steel 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
=	( (35069	+	33434)	/	2 )	/	72542	*	365 / 4
=	34251.5					/	72542	*	365 / 4
=	43.08

Sanyo Special Steel Co Days Payable Related Terms

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Sanyo Special Steel Co (TSE:5481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sanyo Special Steel Co Ltd (TSE:5481) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3007 Nakashima, Shikama-Ku, Himeji, Hyogo-ken, JPN, 672-8677

Website

http://www.sanyo-steel.co.jp

Sanyo Special Steel Co Ltd is a Japan-based company that primarily operates through three segments. Its specialty steel segment manufactures and sells various special steel products including bearing steel, engineering steel, stainless steel, heat resistant steel and tool steel. The company's special materials segment manufactures and sells heat-/corrosion-resistant alloys and powder metallurgy products, among others. The formed and fabricated materials segment manufactures high-quality formed and fabricated materials. The company's products are used in automobiles, industrial machinery, railways, and wind-power generation equipment. Japan and Asia excluding Japan are the company's top two markets, jointly accounting for the majority of the company's sales.

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