CKD (TSE:6407) Days Payable : 67.93 (As of Dec. 2023)

View and export this data going back to 1979. Start your Free Trial

What is CKD Days Payable?

CKD's average Accounts Payable for the three months ended in Dec. 2023 was 円17,795 Mil. CKD's Cost of Goods Sold for the three months ended in Dec. 2023 was 円23,903 Mil. Hence, CKD's Days Payable for the three months ended in Dec. 2023 was 67.93.

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

TSE:6407' s Days Payable Range Over the Past 10 Years
Min: 62.83 Med: 67.39 Max: 77.23
Current: 73.9

During the past 13 years, CKD's highest Days Payable was 77.23. The lowest was 62.83. And the median was 67.39.

TSE:6407's Days Payable is ranked worse than
52.3% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs TSE:6407: 73.90

CKD's Days Payable declined from Dec. 2022 (75.98) to Dec. 2023 (67.93). It may suggest that CKD accelerated paying its suppliers.

CKD Days Payable Historical Data

The historical data trend for CKD'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.

CKD Days Payable Chart

CKD Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

66.38

62.83

66.38

64.34

68.40

CKD 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															75.98	74.15	80.32	72.35	67.93

Competitive Comparison of CKD's Days Payable

For the Specialty Industrial Machinery subindustry, CKD'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.

CKD's Days Payable Distribution in the Industrial Products Industry

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

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

CKD 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.

CKD'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
=	( (20354	+	22017)	/	2 )	/	113059	*	365
=	21185.5					/	113059	*	365
=	68.40

CKD'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
=	( (18327	+	17262)	/	2 )	/	23903	*	365 / 4
=	17794.5					/	23903	*	365 / 4
=	67.93

CKD Days Payable Related Terms

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

CKD (TSE:6407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CKD Corp (TSE:6407) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6407:Japan

Address

2-250, Ouji, Aichi, Komaki, JPN, 485-8551

Website

http://www.ckd.co.jp

CKD is a Japan-based company that develops, manufactures, sells, and exports automatic machinery products, labor-saving components, pneumatic control components, fine system components, and fluid control components. The company's products are applied in semiconductor-related businesses, automobile-related businesses, and other sectors. CKD owns four plants in Japan, and also operates production bases in China, Thailand, South Korea, Malaysia, and Indonesia. The company generates the majority of its sales from the Asian market.

CKD (TSE:6407) Headlines

No Headlines