ABIST Co (TSE:6087) Days Payable : 0.04 (As of Mar. 2024)

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What is ABIST Co Days Payable?

ABIST Co's average Accounts Payable for the three months ended in Mar. 2024 was 円1 Mil. ABIST Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,769 Mil. Hence, ABIST Co's Days Payable for the three months ended in Mar. 2024 was 0.04.

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

TSE:6087' s Days Payable Range Over the Past 10 Years
Min: 0.09 Med: 31.47 Max: 32.76
Current: 0.09

During the past 11 years, ABIST Co's highest Days Payable was 32.76. The lowest was 0.09. And the median was 31.47.

TSE:6087's Days Payable is ranked worse than
99.97% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs TSE:6087: 0.09

ABIST Co's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (0.04). It may suggest that ABIST Co delayed paying its suppliers.

ABIST Co Days Payable Historical Data

The historical data trend for ABIST 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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ABIST Co Days Payable Chart

ABIST Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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0.20

ABIST 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															-	-	0.19	0.12	0.04

Competitive Comparison of ABIST Co's Days Payable

For the Specialty Industrial Machinery subindustry, ABIST 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.

ABIST Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ABIST Co's Days Payable distribution charts can be found below:

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

ABIST 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.

ABIST Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0	+	3.819)	/	1 )	/	7096.105	*	365
=	3.819					/	7096.105	*	365
=	0.20

ABIST Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.79	+	0.633)	/	2 )	/	1769.417	*	365 / 4
=	0.7115					/	1769.417	*	365 / 4
=	0.04

ABIST Co Days Payable Related Terms

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ABIST Co (TSE:6087) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ABIST Co Ltd (TSE:6087) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13, No. 2 Munakata building, Arai 2-chome, Nakano-ku, Tokyo, JPN, 165-0026

Website

http://www.abist.co.jp

ABIST Co., Ltd designs and develops industrial business. The company is engaged in industrial design technical service business, real estate leasing business, and hydrogen water manufacturing and sales business.

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