NS Tool Co (TSE:6157) Days Payable : 18.61 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is NS Tool Co Days Payable?

NS Tool Co's average Accounts Payable for the three months ended in Dec. 2023 was 円199 Mil. NS Tool Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円975 Mil. Hence, NS Tool Co's Days Payable for the three months ended in Dec. 2023 was 18.61.

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

TSE:6157' s Days Payable Range Over the Past 10 Years
Min: 17.75 Med: 22.12 Max: 25.12
Current: 21.62

During the past 13 years, NS Tool Co's highest Days Payable was 25.12. The lowest was 17.75. And the median was 22.12.

TSE:6157's Days Payable is ranked worse than
94.27% of 2933 companies
in the Industrial Products industry
Industry Median: 76.43 vs TSE:6157: 21.62

NS Tool Co's Days Payable declined from Dec. 2022 (21.57) to Dec. 2023 (18.61). It may suggest that NS Tool Co accelerated paying its suppliers.

NS Tool Co Days Payable Historical Data

The historical data trend for NS Tool 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.

* Premium members only.

NS Tool Co Days Payable Chart

NS Tool Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

22.42

20.59

19.76

18.52

22.22

NS Tool 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															21.57	23.50	24.18	21.40	18.61

Competitive Comparison of NS Tool Co's Days Payable

For the Tools & Accessories subindustry, NS Tool 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.

NS Tool Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NS Tool Co's Days Payable distribution charts can be found below:

* The bar in red indicates where NS Tool Co's Days Payable falls into.

NS Tool 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.

NS Tool 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
=	( (249.23	+	303.739)	/	2 )	/	4540.866	*	365
=	276.4845					/	4540.866	*	365
=	22.22

NS Tool 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
=	( (211.667	+	186.089)	/	2 )	/	974.997	*	365 / 4
=	198.878					/	974.997	*	365 / 4
=	18.61

NS Tool Co Days Payable Related Terms

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

NS Tool Co (TSE:6157) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NS Tool Co Ltd (TSE:6157) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shin -Otai 1-chome 13 No. 5, Shin-Minami-Oi Building, 5th Floor, Shinagawa-ku, Tokyo, JPN

Website

http://www.ns-tool.com

Ns Tool Co Ltd manufactures and sells cutting tools. The company's products include cutters and chucks, end mills in square, ball, taper, and radius types, cutter series for a copper electrode, aluminum, and plastic among others.

NS Tool Co (TSE:6157) Headlines

No Headlines