Fukuda Denshi Co (TSE:6960) Days Payable : 81.75 (As of Dec. 2023)

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What is Fukuda Denshi Co Days Payable?

Fukuda Denshi Co's average Accounts Payable for the three months ended in Dec. 2023 was 円14,154 Mil. Fukuda Denshi Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円15,798 Mil. Hence, Fukuda Denshi Co's Days Payable for the three months ended in Dec. 2023 was 81.75.

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

TSE:6960' s Days Payable Range Over the Past 10 Years
Min: 77.89 Med: 97.52 Max: 135.34
Current: 77.89

During the past 13 years, Fukuda Denshi Co's highest Days Payable was 135.34. The lowest was 77.89. And the median was 97.52.

TSE:6960's Days Payable is ranked better than
53.05% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs TSE:6960: 77.89

Fukuda Denshi Co's Days Payable declined from Dec. 2022 (89.13) to Dec. 2023 (81.75). It may suggest that Fukuda Denshi Co accelerated paying its suppliers.

Fukuda Denshi Co Days Payable Historical Data

The historical data trend for Fukuda Denshi 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.

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Fukuda Denshi Co Days Payable Chart

Fukuda Denshi Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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93.84

87.55

83.07

101.19

83.07

Fukuda Denshi Co 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															89.13	64.63	95.72	73.32	81.75

Competitive Comparison of Fukuda Denshi Co's Days Payable

For the Medical Devices subindustry, Fukuda Denshi 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.

Fukuda Denshi Co's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Fukuda Denshi Co's Days Payable falls into.

Fukuda Denshi 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.

Fukuda Denshi Co'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
=	( (15501	+	13743)	/	2 )	/	64245	*	365
=	14622					/	64245	*	365
=	83.07

Fukuda Denshi Co'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
=	( (13736	+	14572)	/	2 )	/	15798	*	365 / 4
=	14154					/	15798	*	365 / 4
=	81.75

Fukuda Denshi Co Days Payable Related Terms

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Fukuda Denshi Co (TSE:6960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Fukuda Denshi Co Ltd (TSE:6960) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

39-4, Hongo 3-chome, Bunkyo-ku, Tokyo, JPN, 113-8483

Website

http://www.fukuda.co.jp

Fukuda Denshi Co Ltd develops and manufactures medical electronic equipment. The firm operates in four segments: physiological diagnostic equipment, patient monitoring equipment, medical treatment equipment, and consumables and other products. The physiological diagnostic equipment business sells electrocardiographs, vascular screening systems, and blood cell counters. The patient monitoring equipment segment sells patient monitors and transmitters. The medical treatment equipment segment contributes the largest proportion of revenue and sells pacemakers and medical equipment for home treatment. The consumables and other products segment sells disposable electrodes and consumables used for the firm's devices. Fukuda Denshi generates the vast majority of its sales in Japan.

Fukuda Denshi Co (TSE:6960) Headlines

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