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Nomura Research Institute (Nomura Research Institute) Days Payable : 31.96 (As of Mar. 2024)


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What is Nomura Research Institute Days Payable?

Nomura Research Institute's average Accounts Payable for the three months ended in Mar. 2024 was $282 Mil. Nomura Research Institute's Cost of Goods Sold for the three months ended in Mar. 2024 was $804 Mil. Hence, Nomura Research Institute's Days Payable for the three months ended in Mar. 2024 was 31.96.

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

NRILY' s Days Payable Range Over the Past 10 Years
Min: 25.47   Med: 32.29   Max: 44.17
Current: 31.67

During the past 13 years, Nomura Research Institute's highest Days Payable was 44.17. The lowest was 25.47. And the median was 32.29.

NRILY's Days Payable is ranked worse than
65.48% of 2523 companies
in the Software industry
Industry Median: 51.44 vs NRILY: 31.67

Nomura Research Institute's Days Payable declined from Mar. 2023 (38.91) to Mar. 2024 (31.96). It may suggest that Nomura Research Institute accelerated paying its suppliers.


Nomura Research Institute Days Payable Historical Data

The historical data trend for Nomura Research Institute'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.

Nomura Research Institute Days Payable Chart

Nomura Research Institute Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.19 35.92 43.62 46.93 44.31

Nomura Research Institute 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.91 38.80 29.08 24.95 31.96

Competitive Comparison of Nomura Research Institute's Days Payable

For the Information Technology Services subindustry, Nomura Research Institute'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.


Nomura Research Institute's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Nomura Research Institute's Days Payable distribution charts can be found below:

* The bar in red indicates where Nomura Research Institute's Days Payable falls into.



Nomura Research Institute 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.

Nomura Research Institute'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
=( (416.573 + 354.015) / 2 ) / 3174.172*365
=385.294 / 3174.172*365
=44.31

Nomura Research Institute's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (209.423 + 354.015) / 2 ) / 804.38*365 / 4
=281.719 / 804.38*365 / 4
=31.96

* 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.


Nomura Research Institute Days Payable Related Terms

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Nomura Research Institute (Nomura Research Institute) Business Description

Traded in Other Exchanges
Address
1-9-2 Otemachi, Otemachi Financial City Grand Cube, Chiyoda-ku, Tokyo, JPN, 100-0004
Nomura Research Institute Ltd provides Consulting, Financial IT solutions, Industrial IT solutions and IT platform services. Its consulting service includes management and systems consulting. Financial IT solutions consists of securities, banking and insurance business. Industrial IT solutions cover distribution and healthcare business and manufacturing and service industries. IT platform services include IT infrastructure, System management and advanced information technology solutions.

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