Nihon Housing Co (TSE:4781) Days Payable : 35.05 (As of Dec. 2023)

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What is Nihon Housing Co Days Payable?

Nihon Housing Co's average Accounts Payable for the three months ended in Dec. 2023 was 円11,996 Mil. Nihon Housing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円31,226 Mil. Hence, Nihon Housing Co's Days Payable for the three months ended in Dec. 2023 was 35.05.

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

TSE:4781' s Days Payable Range Over the Past 10 Years
Min: 21.28 Med: 30.03 Max: 37.62
Current: 37.19

During the past 13 years, Nihon Housing Co's highest Days Payable was 37.62. The lowest was 21.28. And the median was 30.03.

TSE:4781's Days Payable is ranked worse than
76.43% of 1574 companies
in the Real Estate industry
Industry Median: 97.055 vs TSE:4781: 37.19

Nihon Housing Co's Days Payable increased from Dec. 2022 (32.06) to Dec. 2023 (35.05). It may suggest that Nihon Housing Co delayed paying its suppliers.

Nihon Housing Co Days Payable Historical Data

The historical data trend for Nihon Housing 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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Nihon Housing Co Days Payable Chart

Nihon Housing Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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30.84

29.21

31.07

34.51

37.62

Nihon Housing Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															32.06	38.55	39.97	34.86	35.05

Competitive Comparison of Nihon Housing Co's Days Payable

For the Real Estate Services subindustry, Nihon Housing 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.

Nihon Housing Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nihon Housing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nihon Housing Co's Days Payable falls into.

Nihon Housing 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.

Nihon Housing Co's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (9806	+	12685)	/	2 )	/	109109	*	365
=	11245.5					/	109109	*	365
=	37.62

Nihon Housing 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
=	( (11282	+	12709)	/	2 )	/	31226	*	365 / 4
=	11995.5					/	31226	*	365 / 4
=	35.05

Nihon Housing Co Days Payable Related Terms

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Nihon Housing Co (TSE:4781) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nihon Housing Co Ltd (TSE:4781) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 No. 31 No. 1-chome, Tokyo, JPN

Website

http://www.housing.co.jp

Nihon Housing Co Ltd is a Japan-based company operating in the real estate sector. The firm is mainly engaged in the Condominium management business, Building management business, Real estate management business, and Refurbishing construction business. Nihon also offers repair services including daily repair work and long-term repair plans. Its Building management business offers cleaning services, security service, and value up construction.

Nihon Housing Co (TSE:4781) Headlines

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