Tomoegawa (TSE:3878) Days Payable : 78.70 (As of Mar. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Tomoegawa Days Payable?

Tomoegawa's average Accounts Payable for the three months ended in Mar. 2024 was 円5,928 Mil. Tomoegawa's Cost of Goods Sold for the three months ended in Mar. 2024 was 円6,873 Mil. Hence, Tomoegawa's Days Payable for the three months ended in Mar. 2024 was 78.70.

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

TSE:3878' s Days Payable Range Over the Past 10 Years
Min: 68.61 Med: 79.3 Max: 80.81
Current: 78.76

During the past 13 years, Tomoegawa's highest Days Payable was 80.81. The lowest was 68.61. And the median was 79.30.

TSE:3878's Days Payable is ranked better than
68.95% of 277 companies
in the Forest Products industry
Industry Median: 53.95 vs TSE:3878: 78.76

Tomoegawa's Days Payable increased from Mar. 2023 (77.75) to Mar. 2024 (78.70). It may suggest that Tomoegawa delayed paying its suppliers.

Tomoegawa Days Payable Historical Data

The historical data trend for Tomoegawa'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.

Tomoegawa Days Payable Chart

Tomoegawa Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

80.81

73.72

79.47

79.12

79.55

Tomoegawa 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															77.75	79.30	80.97	75.41	78.70

Competitive Comparison of Tomoegawa's Days Payable

For the Paper & Paper Products subindustry, Tomoegawa'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.

Tomoegawa's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tomoegawa's Days Payable distribution charts can be found below:

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

Tomoegawa 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.

Tomoegawa'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
=	( (5222	+	6253)	/	2 )	/	26325	*	365
=	5737.5					/	26325	*	365
=	79.55

Tomoegawa'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
=	( (5603	+	6253)	/	2 )	/	6873	*	365 / 4
=	5928					/	6873	*	365 / 4
=	78.70

Tomoegawa Days Payable Related Terms

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

Tomoegawa Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Tomoegawa Corp (TSE:3878) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-3 Kyobashi, 7th Floor, KYOBASHI Trust Tower, Chuo-ku, Tokyo, JPN, 104-8335

Website

https://www.tomoegawa.co.jp

Tomoegawa Corp manufactures, processes, and sells electronics parts, display parts, fine particles, functional sheets, and specialty paper products. It offers clear hard coat films for screen protection of mobile devices; adhesive tapes for circuit boards; and lids for hermetic seal package, as well as electrostatic chuck for LSI and LCD manufacturing process. The company also provides display component materials; and display film products. It offers fine particle materials, such as magnetic toners, non-magnetic toners, full color toners; information printing materials comprising inkjet; and special fiber sheets, including stainless fiber sheets, fluorine fiber sheets. Further, it provides ultra-lightweight printing papers; and insulating papers, conductive papers, absorbing papers.

Tomoegawa Headlines

No Headlines