Nikkiso Co (FRA:NKO) Days Payable : 68.96 (As of Sep. 2024)

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What is Nikkiso Co Days Payable?

Nikkiso Co's average Accounts Payable for the three months ended in Sep. 2024 was €167 Mil. Nikkiso Co's Cost of Goods Sold for the three months ended in Sep. 2024 was €222 Mil. Hence, Nikkiso Co's Days Payable for the three months ended in Sep. 2024 was 68.96.

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

FRA:NKO' s Days Payable Range Over the Past 10 Years
Min: 66.73 Med: 82.92 Max: 94.3
Current: 66.73

During the past 13 years, Nikkiso Co's highest Days Payable was 94.30. The lowest was 66.73. And the median was 82.92.

FRA:NKO's Days Payable is ranked worse than
56.87% of 2947 companies
in the Industrial Products industry
Industry Median: 76.04 vs FRA:NKO: 66.73

Nikkiso Co's Days Payable declined from Sep. 2023 (82.02) to Sep. 2024 (68.96). It may suggest that Nikkiso Co accelerated paying its suppliers.

Nikkiso Co Days Payable Historical Data

The historical data trend for Nikkiso 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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Nikkiso Co Days Payable Chart

Nikkiso Co Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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89.17

96.32

88.44

85.55

78.80

Nikkiso Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															82.02	61.52	74.62	64.02	68.96

Competitive Comparison of Nikkiso Co's Days Payable

For the Specialty Industrial Machinery subindustry, Nikkiso 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.

Nikkiso Co's Days Payable Distribution in the Industrial Products Industry

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

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

Nikkiso 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.

Nikkiso Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (203.879	+	185.678)	/	2 )	/	902.253	*	365
=	194.7785					/	902.253	*	365
=	78.80

Nikkiso Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (162.913	+	172.027)	/	2 )	/	221.61	*	365 / 4
=	167.47					/	221.61	*	365 / 4
=	68.96

Nikkiso Co Days Payable Related Terms

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Nikkiso Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nikkiso Co Ltd (FRA:NKO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6376:Japan

Address

4-20-3, Ebisu, Shibuya-ku, Tokyo, JPN, 150-6022

Website

http://www.nikkiso.co.jp

Nikkiso Co Ltd is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.

Nikkiso Co Headlines

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