Saibu Gas Holdings Co (TSE:9536) Days Payable : 23.76 (As of Dec. 2023)

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What is Saibu Gas Holdings Co Days Payable?

Saibu Gas Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円11,384 Mil. Saibu Gas Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円43,709 Mil. Hence, Saibu Gas Holdings Co's Days Payable for the three months ended in Dec. 2023 was 23.76.

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

TSE:9536' s Days Payable Range Over the Past 10 Years
Min: 20.92 Med: 35.01 Max: 50.65
Current: 23.67

During the past 13 years, Saibu Gas Holdings Co's highest Days Payable was 50.65. The lowest was 20.92. And the median was 35.01.

TSE:9536's Days Payable is ranked worse than
90.89% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.2 vs TSE:9536: 23.67

Saibu Gas Holdings Co's Days Payable declined from Dec. 2022 (36.07) to Dec. 2023 (23.76). It may suggest that Saibu Gas Holdings Co accelerated paying its suppliers.

Saibu Gas Holdings Co Days Payable Historical Data

The historical data trend for Saibu Gas Holdings 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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Saibu Gas Holdings Co Days Payable Chart

Saibu Gas Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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43.46

35.25

26.13

20.92

26.68

Saibu Gas Holdings 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															23.54	22.17	19.57	23.76	25.80

Competitive Comparison of Saibu Gas Holdings Co's Days Payable

For the Utilities - Regulated Gas subindustry, Saibu Gas Holdings 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.

Saibu Gas Holdings Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Saibu Gas Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Saibu Gas Holdings Co's Days Payable falls into.

Saibu Gas Holdings 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.

Saibu Gas Holdings 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
=	( (11344	+	14797)	/	2 )	/	178813	*	365
=	13070.5					/	178813	*	365
=	26.68

Saibu Gas Holdings 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
=	( (9798	+	12969)	/	2 )	/	43709	*	365 / 4
=	11383.5					/	43709	*	365 / 4
=	23.76

Saibu Gas Holdings Co Days Payable Related Terms

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Saibu Gas Holdings Co (TSE:9536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Saibu Gas Holdings Co Ltd (TSE:9536) » Definitions » Days Payable

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Traded in Other Exchanges

XSG:Germany

Address

1-17-1 Chiyo Hakata-ku, Fukuoka-shi, JPN

Website

http://www.saibugas.co.jp

Saibu Gas Holdings Co Ltd is a Japanese natural gas utility that produces, supplies, and sells natural gas and petroleum products. The company segments its operations into gas, liquefied petroleum gas, real estate, and "other" business units. The company primarily distributes and sells natural gas and LPG in the Fukuoka and Kitakyushu areas in the northern part of the Japanese island of Kyushu. Saibu sells gas and liquefied natural gas products to a variety of utility and industrial customers through long-term agreements. The company also is involved in the heating, gas equipment, and photovoltaic power generation business through its other activities.

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