Nitori Holdings Co (TSE:9843) Days Payable : 31.75 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Nitori Holdings Co Days Payable?

Nitori Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was 円41,481 Mil. Nitori Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円119,227 Mil. Hence, Nitori Holdings Co's Days Payable for the three months ended in Dec. 2023 was 31.75.

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

TSE:9843' s Days Payable Range Over the Past 10 Years
Min: 24.38 Med: 26.91 Max: 43.41
Current: 43.41

During the past 13 years, Nitori Holdings Co's highest Days Payable was 43.41. The lowest was 24.38. And the median was 26.91.

TSE:9843's Days Payable is ranked worse than
71.18% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.76 vs TSE:9843: 43.41

Nitori Holdings Co's Days Payable declined from Aug. 2022 (36.17) to Dec. 2023 (31.75). It may suggest that Nitori Holdings Co accelerated paying its suppliers.

Nitori Holdings Co Days Payable Historical Data

The historical data trend for Nitori Holdings 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.

* Premium members only.

Nitori Holdings Co Days Payable Chart

Nitori Holdings Co Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Days Payable

Get a 7-Day Free Trial

25.26

26.75

25.82

38.48

39.90

Nitori Holdings Co Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															36.17	35.57	31.98	35.17	31.75

Competitive Comparison of Nitori Holdings Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings 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.

Nitori Holdings Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nitori Holdings Co's Days Payable falls into.

Nitori Holdings 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.

Nitori Holdings Co's Days Payable for the fiscal year that ended in Feb. 2022 is calculated as

	Days Payable (A: Feb. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2021 )	+	Accounts Payable (A: Feb. 2022 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2022 )	*	Days in Period
=	( (44554	+	39765)	/	2 )	/	385684	*	365
=	42159.5					/	385684	*	365
=	39.90

Nitori Holdings 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
=	( (42502	+	40460)	/	2 )	/	119227	*	365 / 4
=	41481					/	119227	*	365 / 4
=	31.75

Nitori Holdings Co Days Payable Related Terms

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

Nitori Holdings Co (TSE:9843) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nitori Holdings Co Ltd (TSE:9843) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NCLTY:USA NCLTF:USA

Address

6-20, Kamiya 3-chome, Kita-ku, Tokyo, JPN, 115-0043

Website

http://www.nitorihd.co.jp

Nitori Holdings Co Ltd is a Japanese holding company engaged in the sale of furniture and interior goods. It primarily operates home furnishing and fashion stores, along with other ventures such as the Nitori Mall and Corporate Enterprise, which focuses on corporate customers. It conducts these operations and more through its subsidiaries. The firm's products include bedding, curtains, cookware, tableware, tables, desks, and sofas. Nitori's operations are divided among manufacturing, trading company and logistics (which deals with imports and distribution centers), sales, and advertisement and publicity. Aside from its presence across Japan, the company operates in California, China, Huizhou, Indonesia, Shanghai, and Vietnam.

Nitori Holdings Co (TSE:9843) Headlines

No Headlines