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Itochu Enex Co (TSE:8133) Days Payable : 49.93 (As of Mar. 2024)


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What is Itochu Enex Co Days Payable?

Itochu Enex Co's average Accounts Payable for the three months ended in Mar. 2024 was 円126,929 Mil. Itochu Enex Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円231,988 Mil. Hence, Itochu Enex Co's Days Payable for the three months ended in Mar. 2024 was 49.93.

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

TSE:8133' s Days Payable Range Over the Past 10 Years
Min: 46.27   Med: 49.71   Max: 63.81
Current: 48.48

During the past 13 years, Itochu Enex Co's highest Days Payable was 63.81. The lowest was 46.27. And the median was 49.71.

TSE:8133's Days Payable is ranked worse than
58.78% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs TSE:8133: 48.48

Itochu Enex Co's Days Payable increased from Mar. 2023 (49.58) to Mar. 2024 (49.93). It may suggest that Itochu Enex Co delayed paying its suppliers.


Itochu Enex Co Days Payable Historical Data

The historical data trend for Itochu Enex 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.

Itochu Enex Co Days Payable Chart

Itochu Enex 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 46.27 52.25 47.73 46.50 50.05

Itochu Enex 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 49.58 49.93 44.20 48.40 49.93

Competitive Comparison of Itochu Enex Co's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Itochu Enex 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.


Itochu Enex Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Itochu Enex Co's Days Payable distribution charts can be found below:

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



Itochu Enex 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.

Itochu Enex 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
=( (114818 + 125062) / 2 ) / 874690*365
=119940 / 874690*365
=50.05

Itochu Enex Co'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
=( (128796 + 125062) / 2 ) / 231988*365 / 4
=126929 / 231988*365 / 4
=49.93

* 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.


Itochu Enex Co Days Payable Related Terms

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Itochu Enex Co (TSE:8133) Business Description

Traded in Other Exchanges
Address
3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-6028
Itochu Enex Co Ltd is a Japan-based energy provider that operates through a host of businesses. The company's operations are divided into the following segments: home-life, power and utility, car-life, and energy trade. Through these businesses, Itochu supplies its customer base in Japan with LP gas and town gas for homes and businesses. The company also sells a range of automotive fuels through its car-life stations. Alongside the car-life stations, under the car-life Division, Itochu Enex houses a car dealer and credit card business. Through separate divisions, the company operates electric-power-related and heat-supply businesses, along with selling a variety of petroleum products for industrial and marine use.

Itochu Enex Co (TSE:8133) Headlines

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