Nissan Motor Co (Nissan Motor Co) Days Payable

: 67.84 (As of Dec. 2023)

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Nissan Motor Co's average Accounts Payable for the three months ended in Dec. 2023 was $13,440 Mil. Nissan Motor Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $18,078 Mil. Hence, Nissan Motor Co's Days Payable for the three months ended in Dec. 2023 was 67.84.

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

NSANY' s Days Payable Range Over the Past 10 Years
Min: 56.52 Med: 60.73 Max: 76.6
Current: 66.67

During the past 13 years, Nissan Motor Co's highest Days Payable was 76.60. The lowest was 56.52. And the median was 60.73.

NSANY's Days Payable is ranked better than
50.55% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 66.19 vs NSANY: 66.67

Nissan Motor Co's Days Payable increased from Dec. 2022 (62.12) to Dec. 2023 (67.84). It may suggest that Nissan Motor Co delayed paying its suppliers.

Nissan Motor Co Days Payable Historical Data

The historical data trend for Nissan Motor 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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Nissan Motor Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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62.40

62.43

76.95

78.31

71.61

Nissan Motor 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															62.12	61.19	73.48	70.31	67.84

Competitive Comparison

For the Auto Manufacturers subindustry, Nissan Motor 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.

Nissan Motor Co Days Payable Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Nissan Motor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nissan Motor Co's Days Payable falls into.

Nissan Motor 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.

Nissan Motor 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
=	( (11769.882	+	14305.622)	/	2 )	/	66456.384	*	365
=	13037.752					/	66456.384	*	365
=	71.61

Nissan Motor 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
=	( (13559.052	+	13321.017)	/	2 )	/	18078.038	*	365 / 4
=	13440.0345					/	18078.038	*	365 / 4
=	67.84

Nissan Motor Co Days Payable Related Terms

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Nissan Motor Co (Nissan Motor Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nissan Motor Co Ltd (OTCPK:NSANY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NSANF:USA 7201:Japan NISA:Germany NISA:Austria

Address

1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686

Website

http://www.nissan-global.com

While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.