Nakanishi (TSE:7716) Days Payable : 29.87 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Nakanishi Days Payable?

Nakanishi's average Accounts Payable for the three months ended in Mar. 2024 was 円2,342 Mil. Nakanishi's Cost of Goods Sold for the three months ended in Mar. 2024 was 円7,154 Mil. Hence, Nakanishi's Days Payable for the three months ended in Mar. 2024 was 29.87.

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

TSE:7716' s Days Payable Range Over the Past 10 Years
Min: 18.87 Med: 23.46 Max: 30.78
Current: 30.78

During the past 13 years, Nakanishi's highest Days Payable was 30.78. The lowest was 18.87. And the median was 23.46.

TSE:7716's Days Payable is ranked worse than
84.75% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 72.72 vs TSE:7716: 30.78

Nakanishi's Days Payable declined from Mar. 2023 (31.32) to Mar. 2024 (29.87). It may suggest that Nakanishi accelerated paying its suppliers.

Nakanishi Days Payable Historical Data

The historical data trend for Nakanishi'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.

Nakanishi Days Payable Chart

Nakanishi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.94

21.49

18.87

26.62

28.57

Nakanishi 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															31.32	31.86	43.89	24.03	29.87

Competitive Comparison of Nakanishi's Days Payable

For the Medical Instruments & Supplies subindustry, Nakanishi'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.

Nakanishi's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nakanishi's Days Payable distribution charts can be found below:

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

Nakanishi 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.

Nakanishi'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
=	( (1535.53	+	2153.937)	/	2 )	/	23567.953	*	365
=	1844.7335					/	23567.953	*	365
=	28.57

Nakanishi'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
=	( (2153.937	+	2529.229)	/	2 )	/	7154.118	*	365 / 4
=	2341.583					/	7154.118	*	365 / 4
=	29.87

Nakanishi Days Payable Related Terms

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

Nakanishi (TSE:7716) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nakanishi Inc (TSE:7716) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6SN:Germany

Address

700 Shimohinata, Kanuma-shi, Tochigi, JPN

Website

http://www.nsk-nakanishi.co.jp

Nakanishi Inc manufactures high-speed rotary cutting technology for the dental industry and the medical industry more broadly. The company distributes its products to countries internationally, earning most of its revenue overseas. The company operates via three business segments. The dental product segment manufactures and sells handpieces for dental treatment, mechanical micro motors and handpieces as well as handpieces for surgeries. The industrial product segment manufactures and sells grinders for manual works and spindles for machinery attachment. The others segment provides inspection and repair services for its dental and medical equipment and general industrial cutting and grinding equipment.

Nakanishi (TSE:7716) Headlines

No Headlines