Nihon Decoluxe Co (NGO:7950) Days Payable: 22.66 (As of Mar. 2026) — 41% Below Median


NGO:7950 Nihon Decoluxe Co Ltd NGO:7950
70 GF Score
Price 円8,810.00
GF Value 円8,385.21
Valuation Fairly Valued
! 6 Warning Signs
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What is Nihon Decoluxe Co Days Payable?

Nihon Decoluxe Co NGO:7950 +1.85% 70 Days Payable is 22.66 as of Mar. 2026, which is 41% below its 10-year median of 38.17. GuruFocus rates NGO:7950 with a GF Score™ of 70/100 and a GF Value™ of 円8,385.21 (Fairly Valued). The stock has 6 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, Nihon Decoluxe Co ranks worse than 91.3% on this metric.

Nihon Decoluxe Co's average Accounts Payable for the six months ended in Mar. 2026 was 円272 Mil. Nihon Decoluxe Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円2,191 Mil. Hence, Nihon Decoluxe Co's Days Payable for the six months ended in Mar. 2026 was 22.66.

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

NGO:7950' s Days Payable Range Over the Past 10 Years
Min: 25.36   Med: 38.17   Max: 48.91
Current: 25.36

During the past 13 years, Nihon Decoluxe Co's highest Days Payable was 48.91. The lowest was 25.36. And the median was 38.17.

NGO:7950's Days Payable is ranked worse than
91.3% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64 vs NGO:7950: 25.36

Nihon Decoluxe Co's Days Payable declined from Mar. 2025 (25.57) to Mar. 2026 (22.66). It may suggest that Nihon Decoluxe Co accelerated paying its suppliers.


Nihon Decoluxe Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nihon Decoluxe 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.

Nihon Decoluxe Co Days Payable Chart

Nihon Decoluxe Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.59 31.03 30.09 28.54 26.09

Nihon Decoluxe Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 27.26 27.37 25.57 27.44 22.66

NGO:7950 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nihon Decoluxe 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.


Nihon Decoluxe Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nihon Decoluxe Co's Days Payable distribution charts can be found below:

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


NGO:7950
70GF Score
Nihon Decoluxe Co Ltd NGO:7950
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Decoluxe 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.

Nihon Decoluxe Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (345.372 + 264.88) / 2 ) / 4268.047*365
=305.126 / 4268.047*365
=26.09

Nihon Decoluxe Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (279.265 + 264.88) / 2 ) / 2190.81*365 / 2
=272.0725 / 2190.81*365 / 2
=22.66

* 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 22.66 mean?
Nihon Decoluxe Co (NGO:7950) has a Days Payable of 22.66 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nihon Decoluxe Co and its competitors. This is 41% below median its historical median of 38.17. Over the past decade, Nihon Decoluxe Co's Days Payable has ranged from 25.36 to 48.91. According to the industry distribution chart, Nihon Decoluxe Co ranks #378 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 91.3%.
Is Nihon Decoluxe Co's Days Payable too high?
Nihon Decoluxe Co's current Days Payable of 22.66 is 41% below median its 10-year median of 38.17. Over the past 10 years, this metric has ranged from a low of 25.36 to a high of 48.91. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.00. Nihon Decoluxe Co's value of 22.66 is 64.6% below this industry median. Based on the distribution chart, Nihon Decoluxe Co ranks #378 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Nihon Decoluxe Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Decoluxe Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nihon Decoluxe Co ranks #378 out of 414 companies for Days Payable. This places Nihon Decoluxe Co in the lower half of its industry. The industry median Days Payable is 64.00. Nihon Decoluxe Co's value of 22.66 is 64.6% below this benchmark. Historically, Nihon Decoluxe Co's own Days Payable has ranged from 25.36 to 48.91 over the past decade. While the company's 10-year median is 38.17 vs. the industry median of 64.00, Nihon Decoluxe 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.00, based on 414 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. Nihon Decoluxe Co's current Days Payable of 22.66 is 64.6% 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 Nihon Decoluxe Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Decoluxe Co's current Days Payable is 22.66, which is 41% below median its own 10-year median of 38.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Decoluxe Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Decoluxe Co (NGO:7950) is currently considered Fairly Valued. The stock's GF Value™ is 円8,385.21, compared to a current price of 円8,810.00 — trading 5.1% above its estimated fair value. The current Days Payable is 22.66, which is 41% below median its 10-year median of 38.17 and 64.6% below the Furnishings, Fixtures & Appliances industry median of 64.00. Nihon Decoluxe Co's overall GF Score™ is 70/100 with 6 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 Nihon Decoluxe Co (NGO:7950), the current Days Payable is 22.66 as of Mar. 2026. 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 Nihon Decoluxe Co (NGO:7950) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Decoluxe Co stock appears to be overvalued. The current stock price of 円8,810.00 is trading 5.1% above its estimated GF Value™ of 円8,385.21. GuruFocus considers Nihon Decoluxe Co to be Fairly Valued.

Key valuation signals for NGO:7950:

  • Days Payable: 22.66 (41% below median its 10-year median of 38.17)
  • GF Value™: 円8,385.21 vs. price of 円8,810.00 (5.1% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 64.6% below the Furnishings, Fixtures & Appliances median (#378 of 414)

No single metric tells the full story. See the NGO:7950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Decoluxe Co Business Description

Address 10 Maeyashiki Kashiwamori, Aichi Prefecture, Niwa-gun, Fuso, JPN, 480-0103
Nihon Decoluxe Co Ltd is engaged in offering decorative boards. It operates Decorative board business unit which covers melamine decorative boards, Living environment business unit, Electronic materials business unit, and a Chemical anchor business unit. The company has two reportable segments: Construction Materials Business and Real Estate Business. The Construction Materials Business manufactures and sells decorative panel products, products for the electronic parts industry, and chemical anchor products. Real Estate Business owns office buildings for lease and engages in real estate leasing.
70GF Score

Get the complete analysis for NGO:7950

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

円8,810.00
Price
円8,385.21
GF Value