Nippon Grande Co (SSE:2976) Days Payable : 41.57 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Nippon Grande Co Days Payable?

Nippon Grande Co's average Accounts Payable for the three months ended in Dec. 2023 was 円659 Mil. Nippon Grande Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,445 Mil. Hence, Nippon Grande Co's Days Payable for the three months ended in Dec. 2023 was 41.57.

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

SSE:2976' s Days Payable Range Over the Past 10 Years
Min: 37.82 Med: 152.37 Max: 279.96
Current: 82.01

During the past 7 years, Nippon Grande Co's highest Days Payable was 279.96. The lowest was 37.82. And the median was 152.37.

SSE:2976's Days Payable is ranked worse than
55.16% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs SSE:2976: 82.01

Nippon Grande Co's Days Payable declined from Dec. 2022 (107.32) to Dec. 2023 (41.57). It may suggest that Nippon Grande Co accelerated paying its suppliers.

Nippon Grande Co Days Payable Historical Data

The historical data trend for Nippon Grande 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.

Nippon Grande Co Days Payable Chart

Nippon Grande Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

81.97

37.82

141.11

158.14

152.37

Nippon Grande 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															107.32	63.86	178.46	434.92	41.57

Competitive Comparison of Nippon Grande Co's Days Payable

For the Real Estate Services subindustry, Nippon Grande 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.

Nippon Grande Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nippon Grande Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nippon Grande Co's Days Payable falls into.

Nippon Grande 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.

Nippon Grande 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
=	( (1208.252	+	1962.048)	/	2 )	/	3797.104	*	365
=	1585.15					/	3797.104	*	365
=	152.37

Nippon Grande 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
=	( (832.272	+	484.738)	/	2 )	/	1445.493	*	365 / 4
=	658.505					/	1445.493	*	365 / 4
=	41.57

Nippon Grande Co Days Payable Related Terms

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

Nippon Grande Co (SSE:2976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nippon Grande Co Ltd (SSE:2976) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-chome, Odori Nishi 1-chome, Chuo-ku, Sapporo City, JPN

Website

https://www.nippon-grande.co.jp

Nippon Grande Co Ltd is a Japanese based company engaged in providing real estate based services. It offers real estate sales, real estate leasing and other services.

Nippon Grande Co (SSE:2976) Headlines

No Headlines