Sysmex (TSE:6869) Days Payable : 42.41 (As of Mar. 2024)

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What is Sysmex Days Payable?

Sysmex's average Accounts Payable for the three months ended in Mar. 2024 was 円29,865 Mil. Sysmex's Cost of Goods Sold for the three months ended in Mar. 2024 was 円64,262 Mil. Hence, Sysmex's Days Payable for the three months ended in Mar. 2024 was 42.41.

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

TSE:6869' s Days Payable Range Over the Past 10 Years
Min: 48.59 Med: 79.66 Max: 88.8
Current: 48.59

During the past 13 years, Sysmex's highest Days Payable was 88.80. The lowest was 48.59. And the median was 79.66.

TSE:6869's Days Payable is ranked worse than
68.45% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 73.09 vs TSE:6869: 48.59

Sysmex's Days Payable declined from Mar. 2023 (55.23) to Mar. 2024 (42.41). It may suggest that Sysmex accelerated paying its suppliers.

Sysmex Days Payable Historical Data

The historical data trend for Sysmex'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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Sysmex Days Payable Chart

Sysmex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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81.76

82.40

69.83

59.88

54.40

Sysmex 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															55.23	59.37	43.71	46.16	42.41

Competitive Comparison of Sysmex's Days Payable

For the Medical Instruments & Supplies subindustry, Sysmex'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.

Sysmex's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sysmex's Days Payable distribution charts can be found below:

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

Sysmex 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.

Sysmex's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (31678	+	33602)	/	2 )	/	219013	*	365
=	32640					/	219013	*	365
=	54.40

Sysmex'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
=	( (26127	+	33602)	/	2 )	/	64262	*	365 / 4
=	29864.5					/	64262	*	365 / 4
=	42.41

Sysmex Days Payable Related Terms

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Sysmex (TSE:6869) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sysmex Corp (TSE:6869) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SSMXY:USA SSMXF:USA 0YX:Germany

Address

1-5-1 Wakinohara-Kaigandori, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 6510073

Website

http://www.sysmex.co.jp

Sysmex Corp manufactures and distributes in vitro diagnostic instruments, reagents, and software. The vast majority of the firm's revenue comes from selling tests for human bodily fluids to hospitals and commercial laboratories. Within this industry, the firm specializes in hematology reagents and instruments. Sysmex also sells in vitro diagnostics for applications like urinalysis and hemostasis and provides support and maintenance services for its systems. Over half of the firm's revenue is generated by sales of reagents and services, which are recurring sources of income. Sysmex primarily sells its products to customers in Japan, Europe, the Middle East, and Africa, and the Americas.

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