Nissui (Nissui) Days Payable

: 28.41 (As of Dec. 2023)

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Nissui's average Accounts Payable for the three months ended in Dec. 2023 was $397 Mil. Nissui's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,276 Mil. Hence, Nissui's Days Payable for the three months ended in Dec. 2023 was 28.41.

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

NISUY' s Days Payable Range Over the Past 10 Years
Min: 23.93 Med: 27.04 Max: 29.94
Current: 28.52

During the past 13 years, Nissui's highest Days Payable was 29.94. The lowest was 23.93. And the median was 27.04.

NISUY's Days Payable is ranked worse than
74.34% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.81 vs NISUY: 28.52

Nissui's Days Payable increased from Dec. 2022 (26.74) to Dec. 2023 (28.41). It may suggest that Nissui delayed paying its suppliers.

Nissui Days Payable Historical Data

The historical data trend for Nissui'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.

Nissui Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

30.63

27.35

27.28

30.00

29.90

Nissui Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																26.74	28.37	28.49	29.26	28.41

Competitive Comparison

For the Packaged Foods subindustry, Nissui'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.

Nissui Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissui's Days Payable distribution charts can be found below:

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

Nissui 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.

Nissui'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
=	( (424.111	+	375.104)	/	2 )	/	4878.865	*	365
=	399.6075					/	4878.865	*	365
=	29.90

Nissui'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
=	( (404.227	+	390.724)	/	2 )	/	1276.448	*	365 / 4
=	397.4755					/	1276.448	*	365 / 4
=	28.41

Nissui Days Payable Related Terms

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

Nissui (Nissui) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissui Corp (OTCPK:NISUY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1332:Japan 71N:Germany

Address

1-3-1 Nishi-Shimbashi, Nishi-Shimbashi Square, Minato-ku, Tokyo, JPN, 105-8676

Website

http://www.nissui.co.jp

Nissui Corp primarily operates in the marine and food product businesses. The company divides its business activities into four segments: the marine products segment, which is engaged in the fishing, processing, and sale of marine products; the food segment, which produces and sells processed food products; the fine segment, which consists of the manufacture and sale of generic pharmaceuticals and health food; and the logistics segment, which is engaged in the cold storage of marine products and cargo transportation. The company also provides construction and repair of ships, marine transportation, and engineering services, and it operates in cosmetics business through its subsidiary.

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