Nipro (TSE:8086) Days Payable : 70.29 (As of Dec. 2023)

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What is Nipro Days Payable?

Nipro's average Accounts Payable for the three months ended in Dec. 2023 was 円82,429 Mil. Nipro's Cost of Goods Sold for the three months ended in Dec. 2023 was 円107,002 Mil. Hence, Nipro's Days Payable for the three months ended in Dec. 2023 was 70.29.

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

TSE:8086' s Days Payable Range Over the Past 10 Years
Min: 69.25 Med: 78.82 Max: 84.89
Current: 72.34

During the past 13 years, Nipro's highest Days Payable was 84.89. The lowest was 69.25. And the median was 78.82.

TSE:8086's Days Payable is ranked worse than
50.76% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs TSE:8086: 72.34

Nipro's Days Payable declined from Dec. 2022 (72.36) to Dec. 2023 (70.29). It may suggest that Nipro accelerated paying its suppliers.

Nipro Days Payable Historical Data

The historical data trend for Nipro'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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Nipro Days Payable Chart

Nipro Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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82.39

78.80

74.35

71.56

69.25

Nipro 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															75.79	77.35	76.64	70.29	68.74

Competitive Comparison of Nipro's Days Payable

For the Medical Instruments & Supplies subindustry, Nipro'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.

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

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

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

Nipro 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.

Nipro's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (76141	+	81502)	/	2 )	/	415465	*	365
=	78821.5					/	415465	*	365
=	69.25

Nipro'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
=	( (83033	+	81825)	/	2 )	/	107002	*	365 / 4
=	82429					/	107002	*	365 / 4
=	70.29

Nipro Days Payable Related Terms

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Nipro (TSE:8086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nipro Corp (TSE:8086) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

5FA:Germany

Address

3-9-3 Honjo-Nishi Kita-ku, Osaka, JPN, 531-8510

Website

http://www.nipro.co.jp

Nipro Corp develops medical devices, most of which are related to dialysis and artificial organs. The firm operates in four segments: medical, pharmaceutical, glass, and other. The medical segment contributes the majority of revenue. It sells products related to injections, infusions, artificial organs, and cell cultures, as well as medical equipment for renal treatment, diabetes, and generic drugs. Renal products contribute the largest proportion of sales within the medical segment. The pharmaceutical segment manufactures pharmaceuticals, including oral drugs and injectables, which are supplied to pharmaceutical companies in Japan. The glass business sells glass products used for medical applications, such as vials and syringes. Nipro generates the majority of its revenue in Japan.

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