Noritsu Koki Co (TSE:7744) Days Payable : 51.08 (As of Jun. 2024)

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What is Noritsu Koki Co Days Payable?

Noritsu Koki Co's average Accounts Payable for the three months ended in Jun. 2024 was 円7,401 Mil. Noritsu Koki Co's Cost of Goods Sold for the three months ended in Jun. 2024 was 円13,221 Mil. Hence, Noritsu Koki Co's Days Payable for the three months ended in Jun. 2024 was 51.08.

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

TSE:7744' s Days Payable Range Over the Past 10 Years
Min: 51.78 Med: 123.98 Max: 329.61
Current: 51.78

During the past 13 years, Noritsu Koki Co's highest Days Payable was 329.61. The lowest was 51.78. And the median was 123.98.

TSE:7744's Days Payable is ranked worse than
66.29% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs TSE:7744: 51.78

Noritsu Koki Co's Days Payable increased from Jun. 2023 (48.63) to Jun. 2024 (51.08). It may suggest that Noritsu Koki Co delayed paying its suppliers.

Noritsu Koki Co Days Payable Historical Data

The historical data trend for Noritsu Koki 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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Noritsu Koki Co Days Payable Chart

Noritsu Koki Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Days Payable

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128.32

129.99

329.61

155.34

81.23

Noritsu Koki Co 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															58.72	48.03	46.33	51.08	56.49

Competitive Comparison of Noritsu Koki Co's Days Payable

For the Consumer Electronics subindustry, Noritsu Koki 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.

Noritsu Koki Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Noritsu Koki Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Noritsu Koki Co's Days Payable falls into.

Noritsu Koki 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.

Noritsu Koki Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (13282	+	6296)	/	2 )	/	43986	*	365
=	9789					/	43986	*	365
=	81.23

Noritsu Koki 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
=	( (7059	+	7743)	/	2 )	/	13221	*	365 / 4
=	7401					/	13221	*	365 / 4
=	51.08

Noritsu Koki Co Days Payable Related Terms

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Noritsu Koki Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Noritsu Koki Co Ltd (TSE:7744) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045

Website

http://www.noritsu.co.jp

Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

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