GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ushio Inc (TSE:6925) » Definitions » Days Payable

Ushio (TSE:6925) Days Payable : 78.54 (As of Dec. 2023)


View and export this data going back to 1970. Start your Free Trial

What is Ushio Days Payable?

Ushio's average Accounts Payable for the three months ended in Dec. 2023 was 円25,366 Mil. Ushio's Cost of Goods Sold for the three months ended in Dec. 2023 was 円29,469 Mil. Hence, Ushio's Days Payable for the three months ended in Dec. 2023 was 78.54.

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

TSE:6925' s Days Payable Range Over the Past 10 Years
Min: 56.28   Med: 67.07   Max: 81.34
Current: 81.15

During the past 13 years, Ushio's highest Days Payable was 81.34. The lowest was 56.28. And the median was 67.07.

TSE:6925's Days Payable is ranked better than
53.02% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs TSE:6925: 81.15

Ushio's Days Payable declined from Dec. 2022 (90.52) to Dec. 2023 (78.54). It may suggest that Ushio accelerated paying its suppliers.


Ushio Days Payable Historical Data

The historical data trend for Ushio'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.

Ushio Days Payable Chart

Ushio 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 73.74 69.82 81.34 72.24 77.32

Ushio 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 90.52 76.57 93.88 78.55 78.54

Competitive Comparison of Ushio's Days Payable

For the Specialty Industrial Machinery subindustry, Ushio'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.


Ushio's Days Payable Distribution in the Industrial Products Industry

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

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



Ushio 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.

Ushio'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
=( (21164 + 26205) / 2 ) / 111810*365
=23684.5 / 111810*365
=77.32

Ushio'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
=( (26413 + 24318) / 2 ) / 29469*365 / 4
=25365.5 / 29469*365 / 4
=78.54

* 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.


Ushio Days Payable Related Terms

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


Ushio (TSE:6925) Business Description

Traded in Other Exchanges
Address
2-6-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8150
Ushio Inc is a Japan-based company that primarily operates through two segments. The company's equipment business primarily manufactures and distributes imaging equipment and optical equipment, including digital projectors, optical equipment for manufacturing semiconductors, UV phototherapy devices, and EUV light sources equipment for semiconductor inspection and development applications. The light sources business manufactures lamps and LED and LD products, including UV lamps for manufacturing semiconductors, light sources for use in cinema projectors, and halogen lamps for office automation equipment.

Ushio (TSE:6925) Headlines

No Headlines