Nippon Shokubai Co (Nippon Shokubai Co) Days Payable : 68.39 (As of Dec. 2023)

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What is Nippon Shokubai Co Days Payable?

Nippon Shokubai Co's average Accounts Payable for the three months ended in Dec. 2023 was $425 Mil. Nippon Shokubai Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $567 Mil. Hence, Nippon Shokubai Co's Days Payable for the three months ended in Dec. 2023 was 68.39.

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

NPSHY' s Days Payable Range Over the Past 10 Years
Min: 59.2 Med: 66.02 Max: 76.61
Current: 67.36

During the past 13 years, Nippon Shokubai Co's highest Days Payable was 76.61. The lowest was 59.20. And the median was 66.02.

NPSHY's Days Payable is ranked better than
56.15% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs NPSHY: 67.36

Nippon Shokubai Co's Days Payable increased from Dec. 2022 (67.05) to Dec. 2023 (68.39). It may suggest that Nippon Shokubai Co delayed paying its suppliers.

Nippon Shokubai Co Days Payable Historical Data

The historical data trend for Nippon Shokubai 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 Shokubai Co Days Payable Chart

Nippon Shokubai Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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76.07

69.71

73.84

67.41

63.54

Nippon Shokubai 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															67.05	66.89	63.45	66.57	68.39

Competitive Comparison of Nippon Shokubai Co's Days Payable

For the Chemicals subindustry, Nippon Shokubai 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 Shokubai Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Nippon Shokubai Co's Days Payable falls into.

Nippon Shokubai 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 Shokubai 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
=	( (485.894	+	397.548)	/	2 )	/	2537.521	*	365
=	441.721					/	2537.521	*	365
=	63.54

Nippon Shokubai 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
=	( (405.939	+	443.335)	/	2 )	/	566.601	*	365 / 4
=	424.637					/	566.601	*	365 / 4
=	68.39

Nippon Shokubai Co Days Payable Related Terms

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Nippon Shokubai Co (Nippon Shokubai Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Shokubai Co Ltd (OTCPK:NPSHY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NSHKF:USA 4114:Japan

Address

4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN

Website

http://www.shokubai.co.jp

Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

Nippon Shokubai Co (Nippon Shokubai Co) Headlines

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