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Nagaoka International (TSE:6239) Days Payable : 35.59 (As of Mar. 2024)


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What is Nagaoka International Days Payable?

Nagaoka International's average Accounts Payable for the three months ended in Mar. 2024 was 円658 Mil. Nagaoka International's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,687 Mil. Hence, Nagaoka International's Days Payable for the three months ended in Mar. 2024 was 35.59.

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

TSE:6239' s Days Payable Range Over the Past 10 Years
Min: 21.16   Med: 44.81   Max: 51.54
Current: 51.54

During the past 10 years, Nagaoka International's highest Days Payable was 51.54. The lowest was 21.16. And the median was 44.81.

TSE:6239's Days Payable is ranked worse than
56.57% of 898 companies
in the Oil & Gas industry
Industry Median: 61.48 vs TSE:6239: 51.54

Nagaoka International's Days Payable declined from Mar. 2023 (41.77) to Mar. 2024 (35.59). It may suggest that Nagaoka International accelerated paying its suppliers.


Nagaoka International Days Payable Historical Data

The historical data trend for Nagaoka International'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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Nagaoka International Days Payable Chart

Nagaoka International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.34 28.39 46.46 47.67 45.77

Nagaoka International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.77 53.22 82.66 44.63 35.59

Competitive Comparison of Nagaoka International's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Nagaoka International'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.


Nagaoka International's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nagaoka International's Days Payable distribution charts can be found below:

* The bar in red indicates where Nagaoka International's Days Payable falls into.



Nagaoka International 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.

Nagaoka International's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (403.554 + 917.037) / 2 ) / 5266.101*365
=660.2955 / 5266.101*365
=45.77

Nagaoka International'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
=( (567.152 + 748.558) / 2 ) / 1686.741*365 / 4
=657.855 / 1686.741*365 / 4
=35.59

* 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.


Nagaoka International Days Payable Related Terms

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Nagaoka International (TSE:6239) Business Description

Traded in Other Exchanges
N/A
Address
1-8-15, Azuchimachi, Chuo-ku, 7th floor, Nomura Osaka building, Osaka, JPN, 541-0052
Nagaoka International Corp manufactures and sells oil refining and petrochemicals. It undertakes water intake projects for underground dam, infiltration galleries, river clean projects, water well collector, and high speed seabed infiltration system.

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