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Hanwa Co (TSE:8078) Days Payable : 46.61 (As of Dec. 2023)


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What is Hanwa Co Days Payable?

Hanwa Co's average Accounts Payable for the three months ended in Dec. 2023 was 円302,003 Mil. Hanwa Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円591,208 Mil. Hence, Hanwa Co's Days Payable for the three months ended in Dec. 2023 was 46.61.

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

TSE:8078' s Days Payable Range Over the Past 10 Years
Min: 39.12   Med: 46.97   Max: 53.7
Current: 46.39

During the past 13 years, Hanwa Co's highest Days Payable was 53.70. The lowest was 39.12. And the median was 46.97.

TSE:8078's Days Payable is ranked worse than
62.26% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs TSE:8078: 46.39

Hanwa Co's Days Payable increased from Dec. 2022 (38.87) to Dec. 2023 (46.61). It may suggest that Hanwa Co delayed paying its suppliers.


Hanwa Co Days Payable Historical Data

The historical data trend for Hanwa 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.

* Premium members only.

Hanwa Co Days Payable Chart

Hanwa Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.28 45.59 53.70 47.94 45.99

Hanwa 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 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 42.69 44.45 47.75 46.61 47.15

Competitive Comparison of Hanwa Co's Days Payable

For the Conglomerates subindustry, Hanwa 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.


Hanwa Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hanwa Co's Days Payable distribution charts can be found below:

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



Hanwa 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.

Hanwa Co'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
=( (278823 + 303848) / 2 ) / 2312135*365
=291335.5 / 2312135*365
=45.99

Hanwa 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
=( (308536 + 295470) / 2 ) / 591208*365 / 4
=302003 / 591208*365 / 4
=46.61

* 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.


Hanwa Co Days Payable Related Terms

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Hanwa Co (TSE:8078) Business Description

Traded in Other Exchanges
Address
1-13-1, Tsukiji, Chuo-ku, Ginza Shochiku Square Building, Tokyo, JPN, 104-8429
Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.

Hanwa Co (TSE:8078) Headlines

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