Nousouken (TSE:3541) Days Payable : 82.47 (As of Feb. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Nousouken Days Payable?

Nousouken's average Accounts Payable for the three months ended in Feb. 2024 was 円890 Mil. Nousouken's Cost of Goods Sold for the three months ended in Feb. 2024 was 円985 Mil. Hence, Nousouken's Days Payable for the three months ended in Feb. 2024 was 82.47.

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

TSE:3541' s Days Payable Range Over the Past 10 Years
Min: 87.82 Med: 195.85 Max: 747.75
Current: 87.82

During the past 9 years, Nousouken's highest Days Payable was 747.75. The lowest was 87.82. And the median was 195.85.

TSE:3541's Days Payable is ranked better than
86.71% of 301 companies
in the Retail - Defensive industry
Industry Median: 44.54 vs TSE:3541: 87.82

Nousouken's Days Payable declined from Feb. 2023 (91.76) to Feb. 2024 (82.47). It may suggest that Nousouken accelerated paying its suppliers.

Nousouken Days Payable Historical Data

The historical data trend for Nousouken'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.

Nousouken Days Payable Chart

Nousouken Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

Get a 7-Day Free Trial

195.85

159.39

103.21

114.99

101.90

Nousouken Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															91.76	87.37	97.14	90.04	82.47

Competitive Comparison of Nousouken's Days Payable

For the Food Distribution subindustry, Nousouken'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.

Nousouken's Days Payable Distribution in the Retail - Defensive Industry

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

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

Nousouken 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.

Nousouken's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (756.901	+	798.693)	/	2 )	/	2786.158	*	365
=	777.797					/	2786.158	*	365
=	101.90

Nousouken's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (889.284	+	891.06)	/	2 )	/	984.895	*	365 / 4
=	890.172					/	984.895	*	365 / 4
=	82.47

Nousouken Days Payable Related Terms

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

Nousouken (TSE:3541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nousouken Corp (TSE:3541) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

17-4 Kuroda, Wakayama-Shi, Wakayama, JPN, 640-8341

Website

http://www.nousouken.co.jp

Nousouken Corp is engaged in operating platform In-Shop farmers. It is engaged in the distribution and sale of agricultural products and farm products.

Nousouken (TSE:3541) Headlines

No Headlines