Nichiryo Baking Co (SSE:2218) Days Payable : 57.71 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Nichiryo Baking Co Days Payable?

Nichiryo Baking Co's average Accounts Payable for the three months ended in Dec. 2023 was 円2,181 Mil. Nichiryo Baking Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,449 Mil. Hence, Nichiryo Baking Co's Days Payable for the three months ended in Dec. 2023 was 57.71.

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

SSE:2218' s Days Payable Range Over the Past 10 Years
Min: 35.7 Med: 48.37 Max: 56.56
Current: 54.88

During the past 10 years, Nichiryo Baking Co's highest Days Payable was 56.56. The lowest was 35.70. And the median was 48.37.

SSE:2218's Days Payable is ranked better than
59.53% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs SSE:2218: 54.88

Nichiryo Baking Co's Days Payable declined from Dec. 2022 (58.16) to Dec. 2023 (57.71). It may suggest that Nichiryo Baking Co accelerated paying its suppliers.

Nichiryo Baking Co Days Payable Historical Data

The historical data trend for Nichiryo Baking 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.

Nichiryo Baking Co Days Payable Chart

Nichiryo Baking Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

44.78

42.97

41.67

38.64

35.70

Nichiryo Baking Co 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															58.16	48.28	48.70	57.32	57.71

Competitive Comparison of Nichiryo Baking Co's Days Payable

For the Packaged Foods subindustry, Nichiryo Baking 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.

Nichiryo Baking Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nichiryo Baking Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nichiryo Baking Co's Days Payable falls into.

Nichiryo Baking 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.

Nichiryo Baking Co'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
=	( (1276.58	+	1199.016)	/	2 )	/	12655.548	*	365
=	1237.798					/	12655.548	*	365
=	35.70

Nichiryo Baking 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
=	( (2095.716	+	2266.49)	/	2 )	/	3448.73	*	365 / 4
=	2181.103					/	3448.73	*	365 / 4
=	57.71

Nichiryo Baking Co Days Payable Related Terms

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

Nichiryo Baking Co (SSE:2218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nichiryo Baking Co Ltd (SSE:2218) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toyohira-ku Tsukisa Higashi, Sapporo, JPN, 1118-551

Website

http://www.nichiryo-pan.co.jp

Nichiryo Baking Co Ltd engages in the manufacturing and sale of food products in Japan. The Company's products include bread, bakery, pastry, candy products, plain bread, meal bread, sweet bread, Japanese confectionery, northern country bakery, boiled rice, cooked bread. It also sales seasonal items.

Nichiryo Baking Co (SSE:2218) Headlines

No Headlines