Nippon Dry-Chemical CO (TSE:1909) Days Payable : 56.83 (As of Dec. 2023)

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What is Nippon Dry-Chemical CO Days Payable?

Nippon Dry-Chemical CO's average Accounts Payable for the three months ended in Dec. 2023 was 円6,737 Mil. Nippon Dry-Chemical CO's Cost of Goods Sold for the three months ended in Dec. 2023 was 円10,818 Mil. Hence, Nippon Dry-Chemical CO's Days Payable for the three months ended in Dec. 2023 was 56.83.

The historical rank and industry rank for Nippon Dry-Chemical CO's Days Payable or its related term are showing as below:

TSE:1909' s Days Payable Range Over the Past 10 Years
Min: 54.46 Med: 89.18 Max: 110.12
Current: 54.46

During the past 13 years, Nippon Dry-Chemical CO's highest Days Payable was 110.12. The lowest was 54.46. And the median was 89.18.

TSE:1909's Days Payable is ranked better than
55.8% of 923 companies
in the Business Services industry
Industry Median: 47.09 vs TSE:1909: 54.46

Nippon Dry-Chemical CO's Days Payable increased from Dec. 2022 (48.45) to Dec. 2023 (56.83). It may suggest that Nippon Dry-Chemical CO delayed paying its suppliers.

Nippon Dry-Chemical CO Days Payable Historical Data

The historical data trend for Nippon Dry-Chemical 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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Nippon Dry-Chemical CO Days Payable Chart

Nippon Dry-Chemical CO Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

81.70

76.94

73.13

61.97

61.52

Nippon Dry-Chemical 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															48.45	43.08	67.58	57.93	56.83

Competitive Comparison of Nippon Dry-Chemical CO's Days Payable

For the Security & Protection Services subindustry, Nippon Dry-Chemical 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 Dry-Chemical CO's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nippon Dry-Chemical CO's Days Payable distribution charts can be found below:

* The bar in red indicates where Nippon Dry-Chemical CO's Days Payable falls into.

Nippon Dry-Chemical 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 Dry-Chemical 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
=	( (5573.531	+	7432.736)	/	2 )	/	38585.783	*	365
=	6503.1335					/	38585.783	*	365
=	61.52

Nippon Dry-Chemical 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
=	( (6318.478	+	7156.208)	/	2 )	/	10818.452	*	365 / 4
=	6737.343					/	10818.452	*	365 / 4
=	56.83

Nippon Dry-Chemical CO Days Payable Related Terms

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Nippon Dry-Chemical CO (TSE:1909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nippon Dry-Chemical CO LTD (TSE:1909) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-1,Daiba,Minato-ku, Tokyo, JPN

Website

http://www.ndc-group.co.jp

Nippon Dry-Chemical CO LTD designs, manufactures, sells, and installs fire extinguishing equipment, fire engines and security systems in Japan. The company offers sprinkler systems; drencher equipment; sprinkler systems for apartment buildings; automatic fire alarm systems; water ejector sprinkler systems; indoor/outdoor hydrants; tunnel disaster prevention systems; and consolidated water pipes among other products.

Nippon Dry-Chemical CO (TSE:1909) Headlines

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