Nikon (NINOY) Days Payable

: 66.09 (As of Dec. 2023)

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Nikon's average Accounts Payable for the three months ended in Dec. 2023 was $552 Mil. Nikon's Cost of Goods Sold for the three months ended in Dec. 2023 was $762 Mil. Hence, Nikon's Days Payable for the three months ended in Dec. 2023 was 66.09.

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

NINOY' s Days Payable Range Over the Past 10 Years
Min: 69.27 Med: 82.81 Max: 104.56
Current: 69.27

During the past 13 years, Nikon's highest Days Payable was 104.56. The lowest was 69.27. And the median was 82.81.

NINOY's Days Payable is ranked better than
53.47% of 750 companies
in the Travel & Leisure industry
Industry Median: 60.1 vs NINOY: 69.27

Nikon's Days Payable declined from Dec. 2022 (72.59) to Dec. 2023 (66.09). It may suggest that Nikon accelerated paying its suppliers.

Nikon Days Payable Historical Data

The historical data trend for Nikon'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.

Nikon Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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99.48

80.29

80.42

78.93

76.18

Nikon 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															72.59	62.66	75.62	74.46	66.09

Competitive Comparison

For the Leisure subindustry, Nikon'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.

Nikon Days Payable Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Nikon's Days Payable distribution charts can be found below:

* The bar in red indicates where Nikon's Days Payable falls into.

Nikon 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.

Nikon'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
=	( (549.523	+	508.932)	/	2 )	/	2535.688	*	365
=	529.2275					/	2535.688	*	365
=	76.18

Nikon'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
=	( (508.086	+	596.084)	/	2 )	/	762.286	*	365 / 4
=	552.085					/	762.286	*	365 / 4
=	66.09

Nikon Days Payable Related Terms

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Nikon (NINOY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Nikon Corp (OTCPK:NINOY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NINOF:USA 7731:Japan NKN:Germany

Address

Konan 2-15-3 Shinagawa Intercity Building C, Minato-ku, Tokyo, JPN, 108-6290

Website

http://www.nikon.co.jp

Nikon manufactures photography and videography equipment. The company organises itself into various segments based on product type: imaging products, precision equipment, instruments, medical, and other business. The imaging products and precision equipment businesses collectively constitute the vast majority of company revenue. The imaging products business, which contributes more than half of consolidated revenue, principally produces digital cameras and interchangeable lenses. The precision equipment business produces semiconductor lithography systems for the production of semiconductors, and FPD lithography systems for the production of LCD and OLED panels.

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