Nippon Coke & Engineering Co (FRA:NJ2) Days Payable : 68.28 (As of Dec. 2023)

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What is Nippon Coke & Engineering Co Days Payable?

Nippon Coke & Engineering Co's average Accounts Payable for the three months ended in Dec. 2023 was €134.7 Mil. Nippon Coke & Engineering Co's Cost of Goods Sold for the three months ended in Dec. 2023 was €180.0 Mil. Hence, Nippon Coke & Engineering Co's Days Payable for the three months ended in Dec. 2023 was 68.28.

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

FRA:NJ2' s Days Payable Range Over the Past 10 Years
Min: 57.02 Med: 64.55 Max: 71.12
Current: 64.67

During the past 13 years, Nippon Coke & Engineering Co's highest Days Payable was 71.12. The lowest was 57.02. And the median was 64.55.

FRA:NJ2's Days Payable is ranked better than
65.98% of 585 companies
in the Steel industry
Industry Median: 41.52 vs FRA:NJ2: 64.67

Nippon Coke & Engineering Co's Days Payable increased from Dec. 2022 (66.16) to Dec. 2023 (68.28). It may suggest that Nippon Coke & Engineering Co delayed paying its suppliers.

Nippon Coke & Engineering Co Days Payable Historical Data

The historical data trend for Nippon Coke & Engineering 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 Coke & Engineering Co Days Payable Chart

Nippon Coke & Engineering Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

62.28

64.29

71.30

61.92

70.69

Nippon Coke & Engineering 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															64.76	62.29	60.05	68.28	74.36

Competitive Comparison of Nippon Coke & Engineering Co's Days Payable

For the Coking Coal subindustry, Nippon Coke & Engineering 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 Coke & Engineering Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Coke & Engineering Co's Days Payable distribution charts can be found below:

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

Nippon Coke & Engineering 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 Coke & Engineering 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
=	( (169.206	+	127.138)	/	2 )	/	765.059	*	365
=	148.172					/	765.059	*	365
=	70.69

Nippon Coke & Engineering 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
=	( (140.203	+	129.148)	/	2 )	/	179.978	*	365 / 4
=	134.6755					/	179.978	*	365 / 4
=	68.28

Nippon Coke & Engineering Co Days Payable Related Terms

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Nippon Coke & Engineering Co (FRA:NJ2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nippon Coke & Engineering Co Ltd (FRA:NJ2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3315:Japan

Address

3-3-3 Toyosu, Koto-ku, Tokyo, JPN, 135-6007

Website

http://www.n-coke.com

Nippon Coke & Engineering Co., Ltd is engaged in the business of production and supply of coal and coke. The company also focuses on the sale and production of powder and granule-related equipment and machinery. In addition, it is involved in the resource recycling, and logistics businesses; and property rental activity. Business is primarily functioned through Japan and it derives the majority of revenue from coal and coke segment.

Nippon Coke & Engineering Co (FRA:NJ2) Headlines

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