Nihon Parkerizing Co (TSE:4095) Days Payable : 76.66 (As of Dec. 2023)

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What is Nihon Parkerizing Co Days Payable?

Nihon Parkerizing Co's average Accounts Payable for the three months ended in Dec. 2023 was 円17,782 Mil. Nihon Parkerizing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円21,166 Mil. Hence, Nihon Parkerizing Co's Days Payable for the three months ended in Dec. 2023 was 76.66.

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

TSE:4095' s Days Payable Range Over the Past 10 Years
Min: 78.74 Med: 86.7 Max: 99.39
Current: 79.36

During the past 13 years, Nihon Parkerizing Co's highest Days Payable was 99.39. The lowest was 78.74. And the median was 86.70.

TSE:4095's Days Payable is ranked better than
66% of 1503 companies
in the Chemicals industry
Industry Median: 60.63 vs TSE:4095: 79.36

Nihon Parkerizing Co's Days Payable increased from Dec. 2022 (73.35) to Dec. 2023 (76.66). It may suggest that Nihon Parkerizing Co delayed paying its suppliers.

Nihon Parkerizing Co Days Payable Historical Data

The historical data trend for Nihon Parkerizing 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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Nihon Parkerizing Co Days Payable Chart

Nihon Parkerizing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

95.00

99.17

78.74

78.84

82.03

Nihon Parkerizing Co 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															75.00	82.90	81.11	76.66	75.05

Competitive Comparison of Nihon Parkerizing Co's Days Payable

For the Specialty Chemicals subindustry, Nihon Parkerizing 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.

Nihon Parkerizing Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nihon Parkerizing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nihon Parkerizing Co's Days Payable falls into.

Nihon Parkerizing 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.

Nihon Parkerizing Co'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
=	( (17454	+	19580)	/	2 )	/	82392	*	365
=	18517					/	82392	*	365
=	82.03

Nihon Parkerizing 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
=	( (17568	+	17995)	/	2 )	/	21166	*	365 / 4
=	17781.5					/	21166	*	365 / 4
=	76.66

Nihon Parkerizing Co Days Payable Related Terms

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Nihon Parkerizing Co (TSE:4095) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nihon Parkerizing Co Ltd (TSE:4095) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-15-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0027

Website

http://www.parker.co.jp

Nihon Parkerizing Co Ltd is a Japan-based chemical company. It engages in the production and sale of metal surface treatment chemicals, corrosion prevention chemicals, industrial chemicals and paints. The company's business segments include Chemicals, Equipment, Jobbing, and Other which includes its building maintenance business, transportation business, and solar power generation business. The company generates the majority of its revenue from the Chemicals Business. The chemicals division manufactures and sells chemicals to form a conversion coating on the surface of metals and other substrates to improve their functionality by improving corrosion resistance, wear resistance, lubricity and other performances, thereby adding value to the substrate materials.

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