Okuma (TSE:6103) Days Payable : 35.65 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Okuma Days Payable?

Okuma's average Accounts Payable for the three months ended in Dec. 2023 was 円14,877 Mil. Okuma's Cost of Goods Sold for the three months ended in Dec. 2023 was 円38,083 Mil. Hence, Okuma's Days Payable for the three months ended in Dec. 2023 was 35.65.

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

TSE:6103' s Days Payable Range Over the Past 10 Years
Min: 40.31 Med: 43.42 Max: 45.03
Current: 41.18

During the past 13 years, Okuma's highest Days Payable was 45.03. The lowest was 40.31. And the median was 43.42.

TSE:6103's Days Payable is ranked worse than
78.68% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs TSE:6103: 41.18

Okuma's Days Payable declined from Dec. 2022 (44.54) to Dec. 2023 (35.65). It may suggest that Okuma accelerated paying its suppliers.

Okuma Days Payable Historical Data

The historical data trend for Okuma'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.

* Premium members only.

Okuma Days Payable Chart

Okuma Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

45.03

43.60

41.16

40.31

41.81

Okuma 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															44.54	41.80	51.62	39.92	35.65

Competitive Comparison of Okuma's Days Payable

For the Specialty Industrial Machinery subindustry, Okuma'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.

Okuma's Days Payable Distribution in the Industrial Products Industry

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

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

Okuma 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.

Okuma'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
=	( (16618	+	18788)	/	2 )	/	154560	*	365
=	17703					/	154560	*	365
=	41.81

Okuma'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
=	( (16065	+	13689)	/	2 )	/	38083	*	365 / 4
=	14877					/	38083	*	365 / 4
=	35.65

Okuma Days Payable Related Terms

Thank you for viewing the detailed overview of Okuma's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Okuma (TSE:6103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Okuma Corp (TSE:6103) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6103:Japan

Address

5-25-1 Shimo-Oguchi, Ohguchi-cho Niwa-gun, Aichi, JPN, 480-0193

Website

http://www.okuma.co.jp

Okuma Corp is a Japan-based company that manufactures machine tools. The company's product portfolio comprises CNC lathes, aluminum wheel applications, horizontal multitasking machines, machining centers, and so on. In addition, the company provides other solutions including applications, system technologies, aftersales services, and others. The company has a number of subsidiaries overseas, including Okuma America Corp. (America), Okuma Europe GmbH (Germany), Okuma Machine Tool (Shanghai) Co., Ltd (China), BYJC Okuma (Beijing) Machine Tool Co., Ltd (China) and Tatung-Okuma Co., Ltd (Taiwan). In the domestic market, the company primarily operates through Nippon Seiki Shokai and Okuma Kosan Corp. The company generates around half of its revenue from overseas markets.

Okuma (TSE:6103) Headlines

No Headlines