Nippon Kanryu Industry Co (FSE:1771) Days Payable : 95.05 (As of Mar. 2024)

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What is Nippon Kanryu Industry Co Days Payable?

Nippon Kanryu Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was 円4,946 Mil. Nippon Kanryu Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円4,748 Mil. Hence, Nippon Kanryu Industry Co's Days Payable for the three months ended in Mar. 2024 was 95.05.

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

FSE:1771' s Days Payable Range Over the Past 10 Years
Min: 72.29 Med: 85.9 Max: 117.14
Current: 117.14

During the past 12 years, Nippon Kanryu Industry Co's highest Days Payable was 117.14. The lowest was 72.29. And the median was 85.90.

FSE:1771's Days Payable is ranked better than
69.49% of 1603 companies
in the Construction industry
Industry Median: 74.72 vs FSE:1771: 117.14

Nippon Kanryu Industry Co's Days Payable declined from Mar. 2023 (100.66) to Mar. 2024 (95.05). It may suggest that Nippon Kanryu Industry Co accelerated paying its suppliers.

Nippon Kanryu Industry Co Days Payable Historical Data

The historical data trend for Nippon Kanryu Industry 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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Nippon Kanryu Industry Co Days Payable Chart

Nippon Kanryu Industry Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

89.13

95.61

80.71

87.90

93.34

Nippon Kanryu Industry Co 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															100.66	182.13	120.78	93.08	95.05

Competitive Comparison of Nippon Kanryu Industry Co's Days Payable

For the Engineering & Construction subindustry, Nippon Kanryu Industry 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.

Nippon Kanryu Industry Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nippon Kanryu Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nippon Kanryu Industry Co's Days Payable falls into.

Nippon Kanryu Industry 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.

Nippon Kanryu Industry Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (3332.098	+	3443.782)	/	2 )	/	13248.381	*	365
=	3387.94					/	13248.381	*	365
=	93.34

Nippon Kanryu Industry Co'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
=	( (4198.369	+	5693.308)	/	2 )	/	4748.062	*	365 / 4
=	4945.8385					/	4748.062	*	365 / 4
=	95.05

Nippon Kanryu Industry Co Days Payable Related Terms

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Nippon Kanryu Industry Co (FSE:1771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nippon Kanryu Industry Co Ltd (FSE:1771) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11-11 Maidashi, Higashi-ku, Fukuoka, JPN, 812-0054

Website

http://www.kanryu.co.jp

Nippon Kanryu Industry Co Ltd is engaged in the construction business which includes traffic safety facilities construction, legal construction, landscape construction, and other construction works. It has disaster prevention safety business which sales disaster prevention goods, industrial safety and health related products. It also has chemicals business consist production of insoluble sulfur, manufacture of environmental type natural soil herbs.

Nippon Kanryu Industry Co (FSE:1771) Headlines

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