Nipponnso Holdings (TSE:4091) Days Payable : 58.18 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Nipponnso Holdings Days Payable?

Nipponnso Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円119,270 Mil. Nipponnso Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円187,055 Mil. Hence, Nipponnso Holdings's Days Payable for the three months ended in Dec. 2023 was 58.18.

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

TSE:4091' s Days Payable Range Over the Past 10 Years
Min: 59.36 Med: 70.21 Max: 72.78
Current: 59.99

During the past 13 years, Nipponnso Holdings's highest Days Payable was 72.78. The lowest was 59.36. And the median was 70.21.

TSE:4091's Days Payable is ranked worse than
50.76% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs TSE:4091: 59.99

Nipponnso Holdings's Days Payable declined from Dec. 2022 (59.67) to Dec. 2023 (58.18). It may suggest that Nipponnso Holdings accelerated paying its suppliers.

Nipponnso Holdings Days Payable Historical Data

The historical data trend for Nipponnso Holdings'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.

Nipponnso Holdings Days Payable Chart

Nipponnso Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

71.50

69.78

69.23

64.40

59.36

Nipponnso Holdings 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															59.67	58.52	61.85	63.23	58.18

Competitive Comparison of Nipponnso Holdings's Days Payable

For the Chemicals subindustry, Nipponnso Holdings'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.

Nipponnso Holdings's Days Payable Distribution in the Chemicals Industry

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

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

Nipponnso Holdings 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.

Nipponnso Holdings'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
=	( (115123	+	128197)	/	2 )	/	748053	*	365
=	121660					/	748053	*	365
=	59.36

Nipponnso Holdings'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
=	( (120596	+	117944)	/	2 )	/	187055	*	365 / 4
=	119270					/	187055	*	365 / 4
=	58.18

Nipponnso Holdings Days Payable Related Terms

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

Nipponnso Holdings (TSE:4091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Sanso Holdings Corp (TSE:4091) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TYNPF:USA NPX:Germany

Address

Toyo Building 1-3-26, Koyama, Shinagawa-ku, Tokyo, JPN, 142-8558

Website

https://www.nipponsanso-hd.co.jp

Nippon Sanso Holdings Group is the leading industrial gases manufacturer in Japan. The company's three main business domains are the industrial gases business, the electronics business, and the Thermos business. The company has a global presence with a majority of its revenue coming from the gas business in Japan. The industrial gases operation supplies the steelmaking, chemical, and automotive industries and provides medical products. The industrial gases domain dramatically expanded following the Praxair, Inc. acquisition that added a new business vertical. The electronics business has a supply chain in east Asia and is a hub for major semiconductor manufacturers.

Nipponnso Holdings (TSE:4091) Headlines

No Headlines