Tamron Co (TSE:7740) Days Payable : 33.92 (As of Dec. 2023)

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What is Tamron Co Days Payable?

Tamron Co's average Accounts Payable for the three months ended in Dec. 2023 was 円4,165 Mil. Tamron Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円11,204 Mil. Hence, Tamron Co's Days Payable for the three months ended in Dec. 2023 was 33.92.

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

TSE:7740' s Days Payable Range Over the Past 10 Years
Min: 27.39 Med: 34.44 Max: 41.23
Current: 29.79

During the past 13 years, Tamron Co's highest Days Payable was 41.23. The lowest was 27.39. And the median was 34.44.

TSE:7740's Days Payable is ranked worse than
74.07% of 752 companies
in the Travel & Leisure industry
Industry Median: 59.645 vs TSE:7740: 29.79

Tamron Co's Days Payable increased from Dec. 2022 (30.13) to Dec. 2023 (33.92). It may suggest that Tamron Co delayed paying its suppliers.

Tamron Co Days Payable Historical Data

The historical data trend for Tamron 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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Tamron Co Days Payable Chart

Tamron Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.77

39.86

33.66

28.90

27.39

Tamron Co 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															31.64	31.57	35.07	33.92	31.16

Competitive Comparison of Tamron Co's Days Payable

For the Leisure subindustry, Tamron 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.

Tamron Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Days Payable distribution charts can be found below:

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

Tamron 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.

Tamron Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2233	+	3735)	/	2 )	/	39769	*	365
=	2984					/	39769	*	365
=	27.39

Tamron 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
=	( (4595	+	3735)	/	2 )	/	11204	*	365 / 4
=	4165					/	11204	*	365 / 4
=	33.92

Tamron Co Days Payable Related Terms

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Tamron Co (TSE:7740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tamron Co Ltd (TSE:7740) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TMRNF:USA

Address

1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556

Website

http://www.tamron.com

Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organises itself into three segments: photographic products, optical components, and commercial/industrial-use optics. The photographic products segment, which contributes most company revenue, produces interchangeable lenses for SLR cameras. The optical components segment includes mobile phone, camcorder, and digital camera lenses. The commercial/industrial-use optics segment, the second largest contributor to revenue, produces lenses for CCTV cameras and automotive cameras. The company's most significant geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.

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