Sakurajima Futo Kaisha, (TSE:9353) Days Payable : 15.45 (As of Dec. 2023)

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What is Sakurajima Futo Kaisha, Days Payable?

Sakurajima Futo Kaisha,'s average Accounts Payable for the three months ended in Dec. 2023 was 円142 Mil. Sakurajima Futo Kaisha,'s Cost of Goods Sold for the three months ended in Dec. 2023 was 円838 Mil. Hence, Sakurajima Futo Kaisha,'s Days Payable for the three months ended in Dec. 2023 was 15.45.

The historical rank and industry rank for Sakurajima Futo Kaisha,'s Days Payable or its related term are showing as below:

TSE:9353' s Days Payable Range Over the Past 10 Years
Min: 13.83 Med: 19.64 Max: 23.53
Current: 13.83

During the past 13 years, Sakurajima Futo Kaisha,'s highest Days Payable was 23.53. The lowest was 13.83. And the median was 19.64.

TSE:9353's Days Payable is ranked worse than
89.2% of 935 companies
in the Transportation industry
Industry Median: 38.5 vs TSE:9353: 13.83

Sakurajima Futo Kaisha,'s Days Payable increased from Dec. 2022 (13.38) to Dec. 2023 (15.45). It may suggest that Sakurajima Futo Kaisha, delayed paying its suppliers.

Sakurajima Futo Kaisha, Days Payable Historical Data

The historical data trend for Sakurajima Futo Kaisha,'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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Sakurajima Futo Kaisha, Days Payable Chart

Sakurajima Futo Kaisha, Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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20.32

18.97

18.85

19.29

16.67

Sakurajima Futo Kaisha, 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															13.38	12.27	12.59	13.01	15.45

Competitive Comparison of Sakurajima Futo Kaisha,'s Days Payable

For the Marine Shipping subindustry, Sakurajima Futo Kaisha,'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.

Sakurajima Futo Kaisha,'s Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sakurajima Futo Kaisha,'s Days Payable distribution charts can be found below:

* The bar in red indicates where Sakurajima Futo Kaisha,'s Days Payable falls into.

Sakurajima Futo Kaisha, 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.

Sakurajima Futo Kaisha,'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
=	( (192.065	+	102.052)	/	2 )	/	3220.319	*	365
=	147.0585					/	3220.319	*	365
=	16.67

Sakurajima Futo Kaisha,'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
=	( (125.511	+	158.365)	/	2 )	/	838.288	*	365 / 4
=	141.938					/	838.288	*	365 / 4
=	15.45

Sakurajima Futo Kaisha, Days Payable Related Terms

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Sakurajima Futo Kaisha, (TSE:9353) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sakurajima Futo Kaisha, Ltd (TSE:9353) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Osaka Konohana-ku, Plum-Cho 1-1-11, Osaka-shi, Osaka, JPN, 554-0032

Website

http://www.sakurajima-futo.co.jp

Sakurajima Futo Kaisha, Ltd is engaged in the port transportation business in Japan. It is involved in handling cargo, such as coal, coke, raw salt, soda ash, alloyed iron, other minerals, etc.; liquid cargo, including petroleum products and petrochemicals; and frozen and refrigerated products comprising frozen food, chilled food, dry goods, etc. The company also provides barge transportation, warehousing, cargo usage transportation, and customs clearing services.

Sakurajima Futo Kaisha, (TSE:9353) Headlines

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