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Japan Electronic Materials (TSE:6855) Days Payable : 30.40 (As of Dec. 2023)


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What is Japan Electronic Materials Days Payable?

Japan Electronic Materials's average Accounts Payable for the three months ended in Dec. 2023 was 円986 Mil. Japan Electronic Materials's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,960 Mil. Hence, Japan Electronic Materials's Days Payable for the three months ended in Dec. 2023 was 30.40.

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

TSE:6855' s Days Payable Range Over the Past 10 Years
Min: 11.53   Med: 32.77   Max: 74.73
Current: 30.94

During the past 13 years, Japan Electronic Materials's highest Days Payable was 74.73. The lowest was 11.53. And the median was 32.77.

TSE:6855's Days Payable is ranked worse than
76.24% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs TSE:6855: 30.94

Japan Electronic Materials's Days Payable increased from Dec. 2022 (25.32) to Dec. 2023 (30.40). It may suggest that Japan Electronic Materials delayed paying its suppliers.


Japan Electronic Materials Days Payable Historical Data

The historical data trend for Japan Electronic Materials'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.

Japan Electronic Materials Days Payable Chart

Japan Electronic Materials Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.65 31.93 33.60 40.30 44.90

Japan Electronic Materials 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.32 32.40 32.79 24.80 30.40

Competitive Comparison of Japan Electronic Materials's Days Payable

For the Semiconductor Equipment & Materials subindustry, Japan Electronic Materials'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.


Japan Electronic Materials's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Japan Electronic Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where Japan Electronic Materials's Days Payable falls into.



Japan Electronic Materials 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.

Japan Electronic Materials'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
=( (2020 + 1275) / 2 ) / 13393*365
=1647.5 / 13393*365
=44.90

Japan Electronic Materials'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
=( (918 + 1054) / 2 ) / 2960*365 / 4
=986 / 2960*365 / 4
=30.40

* 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.


Japan Electronic Materials Days Payable Related Terms

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Japan Electronic Materials (TSE:6855) Business Description

Traded in Other Exchanges
N/A
Address
2-5-13, Nishinagasucyo, Amagasaki City, Hyogo Prefecture, JPN
Japan Electronic Materials Corp is engaged in the development, manufacture and sale of semiconductor testing components and electron tubes components in Japan. It sells and maintains probe cards needle dressers and cleaning sheet products.

Japan Electronic Materials (TSE:6855) Headlines

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