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Nizhnekamskshina PJSC (MIC:NKSH) Days Payable : 164.73 (As of Dec. 2022)


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What is Nizhnekamskshina PJSC Days Payable?

Nizhnekamskshina PJSC's average Accounts Payable for the six months ended in Dec. 2022 was ₽3,247 Mil. Nizhnekamskshina PJSC's Cost of Goods Sold for the six months ended in Dec. 2022 was ₽3,597 Mil. Hence, Nizhnekamskshina PJSC's Days Payable for the six months ended in Dec. 2022 was 164.73.

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

MIC:NKSH's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 66.77
* Ranked among companies with meaningful Days Payable only.

Nizhnekamskshina PJSC's Days Payable increased from Dec. 2021 (163.77) to Dec. 2022 (164.73). It may suggest that Nizhnekamskshina PJSC delayed paying its suppliers.


Nizhnekamskshina PJSC Days Payable Historical Data

The historical data trend for Nizhnekamskshina PJSC'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.

Nizhnekamskshina PJSC Days Payable Chart

Nizhnekamskshina PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.27 132.45 219.30 166.48 128.64

Nizhnekamskshina PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 222.39 180.69 163.77 157.39 164.73

Competitive Comparison of Nizhnekamskshina PJSC's Days Payable

For the Auto Parts subindustry, Nizhnekamskshina PJSC'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.


Nizhnekamskshina PJSC's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nizhnekamskshina PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Nizhnekamskshina PJSC's Days Payable falls into.



Nizhnekamskshina PJSC 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.

Nizhnekamskshina PJSC's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (2916.336 + 2459.381) / 2 ) / 7626.545*365
=2687.8585 / 7626.545*365
=128.64

Nizhnekamskshina PJSC's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (4033.935 + 2459.381) / 2 ) / 3596.921*365 / 2
=3246.658 / 3596.921*365 / 2
=164.73

* 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.


Nizhnekamskshina PJSC Days Payable Related Terms

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Nizhnekamskshina PJSC (MIC:NKSH) Business Description

Traded in Other Exchanges
N/A
Address
Republic Of Tatarstan, Territory of industrial zone, Building 116, office 1., Nizhnekamsk, RUS, 423580
Nizhnekamskshina PJSC is a Russian company engaged in the manufacture of tires for passenger cars and light-duty tires in the CIS countries.