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New Constructor's Network Co (TSE:7057) Days Payable : 115.88 (As of Dec. 2023)


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What is New Constructor's Network Co Days Payable?

New Constructor's Network Co's average Accounts Payable for the three months ended in Dec. 2023 was 円1,705 Mil. New Constructor's Network Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,343 Mil. Hence, New Constructor's Network Co's Days Payable for the three months ended in Dec. 2023 was 115.88.

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

TSE:7057' s Days Payable Range Over the Past 10 Years
Min: 105.45   Med: 125.22   Max: 138.38
Current: 113.16

During the past 7 years, New Constructor's Network Co's highest Days Payable was 138.38. The lowest was 105.45. And the median was 125.22.

TSE:7057's Days Payable is ranked better than
66.69% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs TSE:7057: 113.16

New Constructor's Network Co's Days Payable increased from Dec. 2022 (107.48) to Dec. 2023 (115.88). It may suggest that New Constructor's Network Co delayed paying its suppliers.


New Constructor's Network Co Days Payable Historical Data

The historical data trend for New Constructor's Network 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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New Constructor's Network Co Days Payable Chart

New Constructor's Network Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial 138.38 125.22 105.45 105.81 116.79

New Constructor's Network 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 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 107.48 122.09 123.93 92.98 115.88

Competitive Comparison of New Constructor's Network Co's Days Payable

For the Engineering & Construction subindustry, New Constructor's Network 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.


New Constructor's Network Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, New Constructor's Network Co's Days Payable distribution charts can be found below:

* The bar in red indicates where New Constructor's Network Co's Days Payable falls into.



New Constructor's Network 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.

New Constructor's Network 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
=( (2415.37 + 1988.363) / 2 ) / 6881.712*365
=2201.8665 / 6881.712*365
=116.79

New Constructor's Network 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
=( (1728.023 + 1682.877) / 2 ) / 1343.017*365 / 4
=1705.45 / 1343.017*365 / 4
=115.88

* 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.


New Constructor's Network Co Days Payable Related Terms

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New Constructor's Network Co (TSE:7057) Business Description

Traded in Other Exchanges
N/A
Address
A-PLACE Shinagawa Higashi, 1-7-18 Minato-ku, Tokyo, JPN, 108-0075
New Constructor's Network Co Ltd is engaged in wooden earthquake-resistant design project. The company is also engaged in construction company network, housing brand, design office network, and Construction related support such as Registration contractor support, Support for long-term superior housing certification application, Insurance financial support.

New Constructor's Network Co (TSE:7057) Headlines

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