Nippon Carbide Industries Co (TSE:4064) Days Payable : 67.00 (As of Dec. 2023)

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What is Nippon Carbide Industries Co Days Payable?

Nippon Carbide Industries Co's average Accounts Payable for the three months ended in Dec. 2023 was 円6,112 Mil. Nippon Carbide Industries Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,324 Mil. Hence, Nippon Carbide Industries Co's Days Payable for the three months ended in Dec. 2023 was 67.00.

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

TSE:4064' s Days Payable Range Over the Past 10 Years
Min: 75.89 Med: 82.46 Max: 91.74
Current: 76.23

During the past 13 years, Nippon Carbide Industries Co's highest Days Payable was 91.74. The lowest was 75.89. And the median was 82.46.

TSE:4064's Days Payable is ranked better than
63.79% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs TSE:4064: 76.23

Nippon Carbide Industries Co's Days Payable declined from Dec. 2022 (82.99) to Dec. 2023 (67.00). It may suggest that Nippon Carbide Industries Co accelerated paying its suppliers.

Nippon Carbide Industries Co Days Payable Historical Data

The historical data trend for Nippon Carbide Industries 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 Carbide Industries Co Days Payable Chart

Nippon Carbide Industries Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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82.60

80.25

80.85

75.89

77.76

Nippon Carbide Industries 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															82.99	82.32	83.91	71.38	67.00

Competitive Comparison of Nippon Carbide Industries Co's Days Payable

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

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

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

Nippon Carbide Industries 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 Carbide Industries 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
=	( (7464	+	5912)	/	2 )	/	31394	*	365
=	6688					/	31394	*	365
=	77.76

Nippon Carbide Industries 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
=	( (5909	+	6314)	/	2 )	/	8324	*	365 / 4
=	6111.5					/	8324	*	365 / 4
=	67.00

Nippon Carbide Industries Co Days Payable Related Terms

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Nippon Carbide Industries Co (TSE:4064) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Carbide Industries Co Inc (TSE:4064) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-2, 2-Chome Konan, Minato-Ku, Tokyo, JPN, 108-8466

Website

http://www.carbide.co.jp

Nippon Carbide Industries Co Inc is engaged in the manufacture and sales of chemicals, plastics and resins, plastics films and electronic materials. Its product offerings include calcium carbide, dicyandiamide, cyanamide solution, among others. The company also manufacture and sell adhesive products used in medical, optical, and electronic equipment, coating materials for paper, film, and metal, fiber processing, and pigments.

Nippon Carbide Industries Co (TSE:4064) Headlines

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