Takeuchi Mfg Co (TSE:6432) Days Payable : 65.45 (As of Nov. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Takeuchi Mfg Co Days Payable?

Takeuchi Mfg Co's average Accounts Payable for the three months ended in Nov. 2023 was 円29,189 Mil. Takeuchi Mfg Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円40,693 Mil. Hence, Takeuchi Mfg Co's Days Payable for the three months ended in Nov. 2023 was 65.45.

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

TSE:6432' s Days Payable Range Over the Past 10 Years
Min: 68.15 Med: 79.32 Max: 97.77
Current: 68.15

During the past 13 years, Takeuchi Mfg Co's highest Days Payable was 97.77. The lowest was 68.15. And the median was 79.32.

TSE:6432's Days Payable is ranked worse than
53.17% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.32 vs TSE:6432: 68.15

Takeuchi Mfg Co's Days Payable declined from Nov. 2022 (65.60) to Nov. 2023 (65.45). It may suggest that Takeuchi Mfg Co accelerated paying its suppliers.

Takeuchi Mfg Co Days Payable Historical Data

The historical data trend for Takeuchi Mfg 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.

* Premium members only.

Takeuchi Mfg Co Days Payable Chart

Takeuchi Mfg Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

Get a 7-Day Free Trial

79.03

79.60

72.56

68.80

71.80

Takeuchi Mfg Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															71.31	62.69	65.66	65.45	75.13

Competitive Comparison of Takeuchi Mfg Co's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Takeuchi Mfg 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.

Takeuchi Mfg Co's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Takeuchi Mfg Co's Days Payable distribution charts can be found below:

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

Takeuchi Mfg 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.

Takeuchi Mfg Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (26755	+	36381)	/	2 )	/	160481	*	365
=	31568					/	160481	*	365
=	71.80

Takeuchi Mfg Co's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (28650	+	29728)	/	2 )	/	40693	*	365 / 4
=	29189					/	40693	*	365 / 4
=	65.45

Takeuchi Mfg Co Days Payable Related Terms

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

Takeuchi Mfg Co (TSE:6432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Takeuchi Mfg Co Ltd (TSE:6432) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

205, Uwadaira, Sakaki-machi, Hanishina-gun, Nagano, Nagano Prefecture, JPN, 389-0605

Website

http://www.takeuchi-mfg.co.jp

Takeuchi Mfg Co Ltd manufactures construction machinery, including wheel and electrical compact excavators, track loaders, carriers, and mixers. Additional revenue is generated by distributing agitators for wastewater treatment facilities and manufacturers of chemicals, food, and other products. The company sells machinery to rental companies and dealers, distributors, and through trading companies to overseas distributors. Operating segments are reported by region: Japan, United States, United Kingdom, France, and China. Takeuchi's global sales network helps gain user feedback and discover areas to enhance support for customers. The majority of sales to external customers derive from Japan and the United States.

Takeuchi Mfg Co (TSE:6432) Headlines

No Headlines