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NAFCO Co (TSE:2790) Days Payable : 73.64 (As of Dec. 2023)


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What is NAFCO Co Days Payable?

NAFCO Co's average Accounts Payable for the three months ended in Dec. 2023 was 円27,638 Mil. NAFCO Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円34,249 Mil. Hence, NAFCO Co's Days Payable for the three months ended in Dec. 2023 was 73.64.

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

TSE:2790' s Days Payable Range Over the Past 10 Years
Min: 68.92   Med: 74.59   Max: 104.51
Current: 104.51

During the past 13 years, NAFCO Co's highest Days Payable was 104.51. The lowest was 68.92. And the median was 74.59.

TSE:2790's Days Payable is ranked better than
77.13% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 54.49 vs TSE:2790: 104.51

NAFCO Co's Days Payable declined from Dec. 2022 (78.33) to Dec. 2023 (73.64). It may suggest that NAFCO Co accelerated paying its suppliers.


NAFCO Co Days Payable Historical Data

The historical data trend for NAFCO 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.

NAFCO Co Days Payable Chart

NAFCO Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.24 68.92 79.95 77.28 -

NAFCO Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 97.06 75.22 77.04 73.64 -

Competitive Comparison of NAFCO Co's Days Payable

For the Home Improvement Retail subindustry, NAFCO 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.


NAFCO Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, NAFCO Co's Days Payable distribution charts can be found below:

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



NAFCO 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.

NAFCO 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
=( (29037 + 27147) / 2 ) / 132684*365
=28092 / 132684*365
=77.28

NAFCO 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
=( (25837 + 29439) / 2 ) / 34249*365 / 4
=27638 / 34249*365 / 4
=73.64

* 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.


NAFCO Co Days Payable Related Terms

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NAFCO Co (TSE:2790) Business Description

Traded in Other Exchanges
N/A
Address
2-6-10, Uomachi, 7th Floor, Kokura Kita-ku, Kitakyushu, JPN, 802-0006
NAFCO Co., Ltd. Is a Japan-based company engages in the operation of home and furniture retail stores. The company offers household commodities, cooking appliances, footwear, food, storage equipment, furniture, floor coverings, curtains, interior accessories, lighting, beddings and others. All the business activity of the group is functioned through Japan and it products are sold with in Japanese and to the overseas region.

NAFCO Co (TSE:2790) Headlines

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