Yurtec (Yurtec) Days Payable : 45.97 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Yurtec Days Payable?

Yurtec's average Accounts Payable for the three months ended in Dec. 2023 was $204 Mil. Yurtec's Cost of Goods Sold for the three months ended in Dec. 2023 was $406 Mil. Hence, Yurtec's Days Payable for the three months ended in Dec. 2023 was 45.97.

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

YRCCF' s Days Payable Range Over the Past 10 Years
Min: 52.73 Med: 63.83 Max: 69.73
Current: 52.73

During the past 13 years, Yurtec's highest Days Payable was 69.73. The lowest was 52.73. And the median was 63.83.

YRCCF's Days Payable is ranked worse than
68.5% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs YRCCF: 52.73

Yurtec's Days Payable declined from Dec. 2022 (48.66) to Dec. 2023 (45.97). It may suggest that Yurtec accelerated paying its suppliers.

Yurtec Days Payable Historical Data

The historical data trend for Yurtec'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.

Yurtec Days Payable Chart

Yurtec Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

61.86

65.09

60.86

66.13

62.32

Yurtec 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															52.20	64.59	50.06	45.97	50.42

Competitive Comparison of Yurtec's Days Payable

For the Engineering & Construction subindustry, Yurtec'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.

Yurtec's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yurtec's Days Payable distribution charts can be found below:

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

Yurtec 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.

Yurtec'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
=	( (259.621	+	221.067)	/	2 )	/	1407.596	*	365
=	240.344					/	1407.596	*	365
=	62.32

Yurtec'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
=	( (197.694	+	210.86)	/	2 )	/	405.531	*	365 / 4
=	204.277					/	405.531	*	365 / 4
=	45.97

Yurtec Days Payable Related Terms

Thank you for viewing the detailed overview of Yurtec's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Yurtec (Yurtec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yurtec Corp (OTCPK:YRCCF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1934:Japan

Address

4-1-1 Tsutsujigaoka, Sendai, Miyagi, JPN, 983-8622

Website

http://www.yurtec.co.jp

Yurtec Corp is an engineering and construction company. It constructs, maintains and repairs electric power facilities of Tohoku Electric Power Co., Ltd. Its services include air conditioning equipment, plumbing sanitation facilities, information and communication equipment of various facilities and are also responsible for safety and security. It also deals with company transmission and transformation, construction and maintenance of power distribution equipment, construction related to information communication networks, and more. The company mainly operates in Japan.

Yurtec (Yurtec) Headlines

No Headlines