Nisshinbo Holdings (TSE:3105) Days Payable : 41.45 (As of Jun. 2024)

View and export this data going back to 1949. Start your Free Trial

What is Nisshinbo Holdings Days Payable?

Nisshinbo Holdings's average Accounts Payable for the three months ended in Jun. 2024 was 円39,599 Mil. Nisshinbo Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was 円87,183 Mil. Hence, Nisshinbo Holdings's Days Payable for the three months ended in Jun. 2024 was 41.45.

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

TSE:3105' s Days Payable Range Over the Past 10 Years
Min: 37.82 Med: 47.66 Max: 55.63
Current: 40.19

During the past 13 years, Nisshinbo Holdings's highest Days Payable was 55.63. The lowest was 37.82. And the median was 47.66.

TSE:3105's Days Payable is ranked worse than
68.5% of 492 companies
in the Conglomerates industry
Industry Median: 57.07 vs TSE:3105: 40.19

Nisshinbo Holdings's Days Payable declined from Jun. 2023 (45.26) to Jun. 2024 (41.45). It may suggest that Nisshinbo Holdings accelerated paying its suppliers.

Nisshinbo Holdings Days Payable Historical Data

The historical data trend for Nisshinbo Holdings'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.

Nisshinbo Holdings Days Payable Chart

Nisshinbo Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.41

40.65

38.91

41.66

37.82

Nisshinbo Holdings 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															42.36	35.69	37.21	41.45	38.46

Competitive Comparison of Nisshinbo Holdings's Days Payable

For the Conglomerates subindustry, Nisshinbo Holdings'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.

Nisshinbo Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Nisshinbo Holdings's Days Payable falls into.

Nisshinbo Holdings 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.

Nisshinbo Holdings'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
=	( (46880	+	40549)	/	2 )	/	421842	*	365
=	43714.5					/	421842	*	365
=	37.82

Nisshinbo Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (41570	+	37628)	/	2 )	/	87183	*	365 / 4
=	39599					/	87183	*	365 / 4
=	41.45

Nisshinbo Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Nisshinbo Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Nisshinbo Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nisshinbo Holdings Inc (TSE:3105) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650

Website

http://www.nisshinbo.co.jp

Nisshinbo Holdings Inc is a Japan-based company that is primarily engaged in electronics, automobile brake, textile, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business primarily manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts and others.

Nisshinbo Holdings Headlines

No Headlines