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Nippon Kayaku Co (TSE:4272) Days Payable : 54.94 (As of Dec. 2023)


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What is Nippon Kayaku Co Days Payable?

Nippon Kayaku Co's average Accounts Payable for the three months ended in Dec. 2023 was 円21,170 Mil. Nippon Kayaku Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円35,162 Mil. Hence, Nippon Kayaku Co's Days Payable for the three months ended in Dec. 2023 was 54.94.

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

TSE:4272' s Days Payable Range Over the Past 10 Years
Min: 47.49   Med: 51.76   Max: 54.07
Current: 54.07

During the past 13 years, Nippon Kayaku Co's highest Days Payable was 54.07. The lowest was 47.49. And the median was 51.76.

TSE:4272's Days Payable is ranked worse than
57.98% of 1504 companies
in the Chemicals industry
Industry Median: 60.975 vs TSE:4272: 54.07

Nippon Kayaku Co's Days Payable declined from Dec. 2022 (61.19) to Dec. 2023 (54.94). It may suggest that Nippon Kayaku Co accelerated paying its suppliers.


Nippon Kayaku Co Days Payable Historical Data

The historical data trend for Nippon Kayaku 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.

Nippon Kayaku Co Days Payable Chart

Nippon Kayaku Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.04 49.09 52.29 53.83 47.49

Nippon Kayaku 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 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 61.19 58.24 46.04 51.40 54.94

Competitive Comparison of Nippon Kayaku Co's Days Payable

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

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

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



Nippon Kayaku 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 Kayaku 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
=( (18011 + 16239) / 2 ) / 131628*365
=17125 / 131628*365
=47.49

Nippon Kayaku 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
=( (21010 + 21329) / 2 ) / 35162*365 / 4
=21169.5 / 35162*365 / 4
=54.94

* 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.


Nippon Kayaku Co Days Payable Related Terms

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Nippon Kayaku Co (TSE:4272) Business Description

Traded in Other Exchanges
Address
1-1, Marunouchi 2-chome, Chiyoda-ku, Meiji Yasuda Seimei Building 19th and 20th Floors, Tokyo, JPN, 100-0005
Nippon Kayaku Co Ltd manufactures and sells a variety of chemicals. The firm organizes itself into four segments based on product type. The functional chemicals segment, which generates more revenue than any other segment, sells epoxy resins used as flame retardants in electronics, colorants and dyes used in inkjet printers and the manufacture of textiles. The pharmaceuticals segment sells anti-cancer drugs, biological drugs, cardiovascular agents, vitamin compounds, and anti-inflammatory agents. The safety systems segment sells airbag inflators and micro gas generators for seatbelt pretensioners to the automotive industry, both of which are used to protect passengers during an accident. The agrochemicals segment sells insecticides and herbicides. The majority of revenue comes from Asia.

Nippon Kayaku Co (TSE:4272) Headlines

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