NS Solutions (TSE:2327) Days Payable : 30.14 (As of Mar. 2024)

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What is NS Solutions Days Payable?

NS Solutions's average Accounts Payable for the three months ended in Mar. 2024 was 円22,983 Mil. NS Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was 円69,576 Mil. Hence, NS Solutions's Days Payable for the three months ended in Mar. 2024 was 30.14.

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

TSE:2327' s Days Payable Range Over the Past 10 Years
Min: 30.63 Med: 34.12 Max: 39.42
Current: 35.78

During the past 13 years, NS Solutions's highest Days Payable was 39.42. The lowest was 30.63. And the median was 34.12.

TSE:2327's Days Payable is ranked worse than
60.94% of 2519 companies
in the Software industry
Industry Median: 50.96 vs TSE:2327: 35.78

NS Solutions's Days Payable declined from Mar. 2023 (32.43) to Mar. 2024 (30.14). It may suggest that NS Solutions accelerated paying its suppliers.

NS Solutions Days Payable Historical Data

The historical data trend for NS Solutions'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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NS Solutions Days Payable Chart

NS Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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30.71

30.63

34.77

39.42

36.62

NS Solutions 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															32.43	39.70	35.56	37.31	30.14

Competitive Comparison of NS Solutions's Days Payable

For the Information Technology Services subindustry, NS Solutions'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.

NS Solutions's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, NS Solutions's Days Payable distribution charts can be found below:

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

NS Solutions 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.

NS Solutions'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
=	( (24656	+	23263)	/	2 )	/	238791	*	365
=	23959.5					/	238791	*	365
=	36.62

NS Solutions's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (22703	+	23263)	/	2 )	/	69576	*	365 / 4
=	22983					/	69576	*	365 / 4
=	30.14

NS Solutions Days Payable Related Terms

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NS Solutions (TSE:2327) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NS Solutions Corp (TSE:2327) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

20-15, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8283

Website

https://www.nssol.nipponsteel.com

NS Solutions is a Japan-based provider of information technology solutions. The firm's operations are organized in two segments: business solutions and service solutions. Business solutions includes products geared toward manufacturing, retail, service, financial services, and government- and public-sector end markets. Services solutions relates primarily to the firm's offerings in the cloud. The firm generates revenue in Japan and the rest of the Asia-Pacific region, the United States, Europe, and other parts of the world.

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