NCRBF (Nippon Carbon Co) Days Payable: 38.49 (As of Dec. 2025) — 41% Below Median


NCRBF Nippon Carbon Co Ltd NCRBF
84 GF Score
Price $27.63
GF Value $26.25
Valuation Fairly Valued
! 7 Warning Signs
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What is Nippon Carbon Co Days Payable?

Nippon Carbon Co NCRBF 84 Days Payable is 38.49 as of Dec. 2025, which is 41% below its 10-year median of 64.99. GuruFocus rates NCRBF with a GF Score™ of 84/100 and a GF Value™ of $26.25 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,560 Chemicals companies, Nippon Carbon Co ranks worse than 65.58% on this metric.

Nippon Carbon Co's average Accounts Payable for the three months ended in Dec. 2025 was $20.4 Mil. Nippon Carbon Co's Cost of Goods Sold for the three months ended in Dec. 2025 was $48.3 Mil. Hence, Nippon Carbon Co's Days Payable for the three months ended in Dec. 2025 was 38.49.

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

NCRBF' s Days Payable Range Over the Past 10 Years
Min: 42.11   Med: 64.99   Max: 97.61
Current: 44.43

During the past 13 years, Nippon Carbon Co's highest Days Payable was 97.61. The lowest was 42.11. And the median was 64.99.

NCRBF's Days Payable is ranked worse than
65.58% of 1560 companies
in the Chemicals industry
Industry Median: 59.915 vs NCRBF: 44.43

Nippon Carbon Co's Days Payable declined from Dec. 2024 (42.54) to Dec. 2025 (38.49). It may suggest that Nippon Carbon Co accelerated paying its suppliers.


Nippon Carbon Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Carbon 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.

Nippon Carbon Co Days Payable Chart

Nippon Carbon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.47 70.60 69.24 53.81 42.43

Nippon Carbon Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 61.09 43.84 45.74 38.49 46.75

NCRBF vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Nippon Carbon 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.


Nippon Carbon Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Carbon Co's Days Payable distribution charts can be found below:

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


NCRBF
84GF Score
Nippon Carbon Co Ltd NCRBF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Carbon 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.

Nippon Carbon Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (22.332 + 18.638) / 2 ) / 176.237*365
=20.485 / 176.237*365
=42.43

Nippon Carbon Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (22.108 + 18.638) / 2 ) / 48.302*365 / 4
=20.373 / 48.302*365 / 4
=38.49

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 38.49 mean?
Nippon Carbon Co (NCRBF) has a Days Payable of 38.49 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nippon Carbon Co and its competitors. This is 41% below median its historical median of 64.99. Over the past decade, Nippon Carbon Co's Days Payable has ranged from 42.11 to 97.61. According to the industry distribution chart, Nippon Carbon Co ranks #1023 out of 1560 companies in the Chemicals industry, placing it in the top 65.6%.
Is Nippon Carbon Co's Days Payable too high?
Nippon Carbon Co's current Days Payable of 38.49 is 41% below median its 10-year median of 64.99. Over the past 10 years, this metric has ranged from a low of 42.11 to a high of 97.61. The Chemicals industry median Days Payable is 59.92. Nippon Carbon Co's value of 38.49 is 35.8% below this industry median. Based on the distribution chart, Nippon Carbon Co ranks #1023 out of 1560 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nippon Carbon Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Carbon Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Carbon Co ranks #1023 out of 1560 companies for Days Payable. This places Nippon Carbon Co in the lower half of its industry. The industry median Days Payable is 59.92. Nippon Carbon Co's value of 38.49 is 35.8% below this benchmark. Historically, Nippon Carbon Co's own Days Payable has ranged from 42.11 to 97.61 over the past decade. While the company's 10-year median is 64.99 vs. the industry median of 59.92, Nippon Carbon Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.92, based on 1,560 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Carbon Co's current Days Payable of 38.49 is 35.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nippon Carbon Co and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Carbon Co's current Days Payable is 38.49, which is 41% below median its own 10-year median of 64.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Carbon Co (NCRBF) is currently considered Fairly Valued. The stock's GF Value™ is $26.25, compared to a current price of $27.63 — trading 5.3% above its estimated fair value. The current Days Payable is 38.49, which is 41% below median its 10-year median of 64.99 and 35.8% below the Chemicals industry median of 59.92. Nippon Carbon Co's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Nippon Carbon Co (NCRBF), the current Days Payable is 38.49 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nippon Carbon Co (NCRBF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Carbon Co stock appears to be overvalued. The current stock price of $27.63 is trading 5.3% above its estimated GF Value™ of $26.25. GuruFocus considers Nippon Carbon Co to be Fairly Valued.

Key valuation signals for NCRBF:

  • Days Payable: 38.49 (41% below median its 10-year median of 64.99)
  • GF Value™: $26.25 vs. price of $27.63 (5.3% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 35.8% below the Chemicals median (#1023 of 1560)

No single metric tells the full story. See the NCRBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Carbon Co Business Description

Other Exchanges 5302:JapanNPV:Germany
Address 6-1, Hacchobori 2-chome, Chuo ku, Tokyo, JPN, 104-0032
Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.
84GF Score

Get the complete analysis for NCRBF

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.63
Price
$26.25
GF Value