Nippon Carbon Co (Nippon Carbon Co) Days Payable : 60.21 (As of Dec. 2023)

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What is Nippon Carbon Co Days Payable?

Nippon Carbon Co's average Accounts Payable for the three months ended in Dec. 2023 was $33.5 Mil. Nippon Carbon Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $50.8 Mil. Hence, Nippon Carbon Co's Days Payable for the three months ended in Dec. 2023 was 60.21.

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

NCRBF' s Days Payable Range Over the Past 10 Years
Min: 55.98 Med: 66.45 Max: 97.61
Current: 71.18

During the past 13 years, Nippon Carbon Co's highest Days Payable was 97.61. The lowest was 55.98. And the median was 66.45.

NCRBF's Days Payable is ranked better than
59.61% of 1503 companies
in the Chemicals industry
Industry Median: 60.89 vs NCRBF: 71.18

Nippon Carbon Co's Days Payable declined from Dec. 2022 (61.16) to Dec. 2023 (60.21). It may suggest that Nippon Carbon Co accelerated paying its suppliers.

Nippon Carbon Co Days Payable Historical Data

The historical data trend for Nippon Carbon 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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Nippon Carbon Co Days Payable Chart

Nippon Carbon Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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96.11

82.18

58.47

70.60

75.10

Nippon Carbon 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															61.16	95.06	67.38	69.25	60.21

Competitive Comparison of Nippon Carbon Co's Days Payable

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

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

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

Nippon Carbon 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 Carbon 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
=	( (40.144	+	34.213)	/	2 )	/	180.697	*	365
=	37.1785					/	180.697	*	365
=	75.10

Nippon Carbon 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
=	( (32.825	+	34.213)	/	2 )	/	50.798	*	365 / 4
=	33.519					/	50.798	*	365 / 4
=	60.21

Nippon Carbon Co Days Payable Related Terms

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Nippon Carbon Co (Nippon Carbon Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Carbon Co Ltd (OTCPK:NCRBF) » Definitions » Days Payable

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Traded in Other Exchanges

5302:Japan NPV:Germany

Address

6-1, Hacchobori 2-chome, Chuo ku, Tokyo, JPN, 104-0032

Website

http://www.carbon.co.jp

Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.

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