Nippon Building Fund (TSE:8951) Days Payable : 62.67 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Nippon Building Fund Days Payable?

Nippon Building Fund's average Accounts Payable for the six months ended in Dec. 2023 was 円5,660 Mil. Nippon Building Fund's Cost of Goods Sold for the six months ended in Dec. 2023 was 円16,483 Mil. Hence, Nippon Building Fund's Days Payable for the six months ended in Dec. 2023 was 62.67.

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

TSE:8951' s Days Payable Range Over the Past 10 Years
Min: 21.29 Med: 24.29 Max: 63.4
Current: 53.54

During the past 13 years, Nippon Building Fund's highest Days Payable was 63.40. The lowest was 21.29. And the median was 24.29.

TSE:8951's Days Payable is ranked worse than
72.49% of 527 companies
in the REITs industry
Industry Median: 126.04 vs TSE:8951: 53.54

Nippon Building Fund's Days Payable increased from Dec. 2022 (23.14) to Dec. 2023 (62.67). It may suggest that Nippon Building Fund delayed paying its suppliers.

Nippon Building Fund Days Payable Historical Data

The historical data trend for Nippon Building Fund'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.

* Premium members only.

Nippon Building Fund Days Payable Chart

Nippon Building Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.97

24.48

21.29

22.74

63.40

Nippon Building Fund Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															19.50	21.95	23.14	34.44	62.67

Competitive Comparison of Nippon Building Fund's Days Payable

For the REIT - Office subindustry, Nippon Building Fund'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.

Nippon Building Fund's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nippon Building Fund's Days Payable distribution charts can be found below:

* The bar in red indicates where Nippon Building Fund's Days Payable falls into.

Nippon Building Fund 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.

Nippon Building Fund's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (3131.73	+	8278)	/	2 )	/	32842	*	365
=	5704.865					/	32842	*	365
=	63.40

Nippon Building Fund'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3042.148	+	8278)	/	2 )	/	16483	*	365 / 2
=	5660.074					/	16483	*	365 / 2
=	62.67

Nippon Building Fund Days Payable Related Terms

Thank you for viewing the detailed overview of Nippon Building Fund's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Nippon Building Fund (TSE:8951) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Building Fund Inc (TSE:8951) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

38th Floor, GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6738

Website

http://www.nbf-m.com

Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio is primarily comprised of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's largest customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.

Nippon Building Fund (TSE:8951) Headlines

No Headlines