Nihon Knowledge Co (TSE:5252) Days Payable : 27.10 (As of Jun. 2024)

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What is Nihon Knowledge Co Days Payable?

Nihon Knowledge Co's average Accounts Payable for the three months ended in Jun. 2024 was 円256 Mil. Nihon Knowledge Co's Cost of Goods Sold for the three months ended in Jun. 2024 was 円861 Mil. Hence, Nihon Knowledge Co's Days Payable for the three months ended in Jun. 2024 was 27.10.

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

TSE:5252' s Days Payable Range Over the Past 10 Years
Min: 26.33 Med: 28.43 Max: 29.35
Current: 26.48

During the past 4 years, Nihon Knowledge Co's highest Days Payable was 29.35. The lowest was 26.33. And the median was 28.43.

TSE:5252's Days Payable is ranked worse than
70.39% of 2523 companies
in the Software industry
Industry Median: 48.75 vs TSE:5252: 26.48

Nihon Knowledge Co's Days Payable increased from Jun. 2023 (26.94) to Jun. 2024 (27.10). It may suggest that Nihon Knowledge Co delayed paying its suppliers.

Nihon Knowledge Co Days Payable Historical Data

The historical data trend for Nihon Knowledge 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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Nihon Knowledge Co Days Payable Chart

Nihon Knowledge Co Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Payable

29.35

26.33

27.58

29.28

Nihon Knowledge Co Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial					26.81	26.88	29.11	27.10	23.95

Competitive Comparison of Nihon Knowledge Co's Days Payable

For the Software - Application subindustry, Nihon Knowledge 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.

Nihon Knowledge Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Nihon Knowledge Co's Days Payable distribution charts can be found below:

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

Nihon Knowledge 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.

Nihon Knowledge Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (236.535	+	287.093)	/	2 )	/	3263.521	*	365
=	261.814					/	3263.521	*	365
=	29.28

Nihon Knowledge Co'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
=	( (287.093	+	224.235)	/	2 )	/	860.708	*	365 / 4
=	255.664					/	860.708	*	365 / 4
=	27.10

Nihon Knowledge Co Days Payable Related Terms

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Nihon Knowledge Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nihon Knowledge Co Ltd (TSE:5252) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

JS Building 9th Floor, 3-19-5 Kotobuki, Taito-ku, Tokyo, JPN, 111-0042

Website

https://www.know-net.co.jp

Nihon Knowledge Co Ltd is a comprehensive ICT service company that provides quality and test technology, development, and security products with a thorough user orientation. The company's services include verification services, Development services, and consultation services. The verification services include Resolving software verification issues through a track record of numerous projects and accumulation of know-how. The development services include management systems for steel wholesalers and processing industries and others.

Nihon Knowledge Co Headlines

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