Nagase (TSE:8012) Days Payable : 77.41 (As of Dec. 2023)

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What is Nagase Days Payable?

Nagase's average Accounts Payable for the three months ended in Dec. 2023 was 円156,885 Mil. Nagase's Cost of Goods Sold for the three months ended in Dec. 2023 was 円184,937 Mil. Hence, Nagase's Days Payable for the three months ended in Dec. 2023 was 77.41.

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

TSE:8012' s Days Payable Range Over the Past 10 Years
Min: 57.1 Med: 60.2 Max: 81.57
Current: 75.15

During the past 13 years, Nagase's highest Days Payable was 81.57. The lowest was 57.10. And the median was 60.20.

TSE:8012's Days Payable is ranked better than
63.16% of 1501 companies
in the Chemicals industry
Industry Median: 60.48 vs TSE:8012: 75.15

Nagase's Days Payable increased from Dec. 2022 (70.61) to Dec. 2023 (77.41). It may suggest that Nagase delayed paying its suppliers.

Nagase Days Payable Historical Data

The historical data trend for Nagase'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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Nagase Days Payable Chart

Nagase Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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59.25

81.57

76.57

69.74

73.65

Nagase Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															75.73	70.64	74.42	77.41	79.79

Competitive Comparison of Nagase's Days Payable

For the Specialty Chemicals subindustry, Nagase'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.

Nagase's Days Payable Distribution in the Chemicals Industry

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

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

Nagase 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.

Nagase'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
=	( (140438	+	156352)	/	2 )	/	735430	*	365
=	148395					/	735430	*	365
=	73.65

Nagase'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
=	( (156759	+	157010)	/	2 )	/	184937	*	365 / 4
=	156884.5					/	184937	*	365 / 4
=	77.41

Nagase Days Payable Related Terms

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Nagase (TSE:8012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nagase & Co Ltd (TSE:8012) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-1, Nihonbashi-Kobunacho, Chuo-ku, Tokyo, JPN, 103-8355

Website

http://www.nagase.co.jp

Nagase & Co Ltd manufactures and sells a variety of products including chemicals, electronics, batteries, and personal care products. The firm organizes itself into five segments based on product type. The advanced materials and processing segment, which generates more revenue than any other segment, sells pigments, resins, and other materials used for auto paint, paper, cosmetics, and electronics. The functional materials segment sells a variety of chemicals and plastics. The electronics segment produces semiconductors and liquid crystal display materials. The automotive and energy segment sells automotive components and lithium-ion battery materials. The life and healthcare segment sells food additives, pharmaceuticals, and cosmetics. The majority of revenue comes from Asia.

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