Nishimoto Co (TSE:9260) Days Payable : 28.11 (As of Mar. 2024)

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What is Nishimoto Co Days Payable?

Nishimoto Co's average Accounts Payable for the three months ended in Mar. 2024 was 円19,540 Mil. Nishimoto Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円63,419 Mil. Hence, Nishimoto Co's Days Payable for the three months ended in Mar. 2024 was 28.11.

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

TSE:9260' s Days Payable Range Over the Past 10 Years
Min: 23.85 Med: 26.09 Max: 27.76
Current: 26.95

During the past 9 years, Nishimoto Co's highest Days Payable was 27.76. The lowest was 23.85. And the median was 26.09.

TSE:9260's Days Payable is ranked worse than
77.3% of 304 companies
in the Retail - Defensive industry
Industry Median: 44.25 vs TSE:9260: 26.95

Nishimoto Co's Days Payable increased from Mar. 2023 (26.16) to Mar. 2024 (28.11). It may suggest that Nishimoto Co delayed paying its suppliers.

Nishimoto Co Days Payable Historical Data

The historical data trend for Nishimoto 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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Nishimoto Co Days Payable Chart

Nishimoto Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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26.11

27.47

27.76

25.26

26.18

Nishimoto 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															26.16	25.14	26.59	27.92	28.11

Competitive Comparison of Nishimoto Co's Days Payable

For the Food Distribution subindustry, Nishimoto 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.

Nishimoto Co's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Nishimoto Co's Days Payable distribution charts can be found below:

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

Nishimoto 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.

Nishimoto Co'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
=	( (15171	+	19062)	/	2 )	/	238664	*	365
=	17116.5					/	238664	*	365
=	26.18

Nishimoto 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
=	( (19062	+	20018)	/	2 )	/	63419	*	365 / 4
=	19540					/	63419	*	365 / 4
=	28.11

Nishimoto Co Days Payable Related Terms

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Nishimoto Co (TSE:9260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nishimoto Co Ltd (TSE:9260) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-10-5 Nihonbashi, Chuo-ku, Onward Park Building, Tokyo, JPN, 103-0027

Website

http://www.wismettac.com

Nishimoto Co Ltd operates in the food distribution industry. The company has organized its business activities into three division: Asian Food Global Business, Agricultural and Seafood Products Trading Business, and Amenity Food and Retail Business. Through its Agricultural and Seafood Products Trading Business the company imports fruits and vegetables from all over the world and sell them to wholesale markets and mass retailers throughout Japan, and supply ingredients to the restaurant industry and foodstuff manufacturers. The company has an operational presence across Japan, North America, Canada, Singapore, Australia, Netherlands, the United Kingdom, Germany, France, Singapore, China, and Hong Kong.

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