NECNIPNF +2.57%79 Days Payable is 54.62 as of Mar. 2026, which is 30% below its 10-year median of 78.32. GuruFocus rates NIPNF with a GF Score™ of 79/100 and a GF Value™ of $17.90 (Significantly Overvalued). Among 2,602 Software companies, NEC ranks better than 57.42% on this metric.
NEC's average Accounts Payable for the
three
months ended in Mar. 2026 was $2,795 Mil. NEC's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $4,670 Mil.
Hence, NEC's Days Payable for the
three
months ended in Mar. 2026 was 54.62.
The historical rank and industry rank for NEC's Days Payable or its related term are showing as below:
NIPNF'
s Days Payable Range Over the Past 10 Years
Min: 67.35 Med: 78.32 Max: 95.62
Current: 67.35
During the past 13 years, NEC's highest Days Payable was 95.62. The lowest was 67.35. And the median was 78.32.
NIPNF's Days Payable is ranked better than 57.42% of 2602
companies
in the Software industry
Industry Median: 53.955
vs NIPNF: 67.35
NEC's Days Payable
declined
from Mar. 2025 (56.13) to Mar. 2026 (54.62).
It may suggest that NECaccelerated paying its suppliers.
NEC Days Payable Related Terms
NEC Days Payable Historical Data
* Premium members only.
The historical data trend for NEC'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.
For the Information Technology Services subindustry, NEC'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.
NEC Days Payable vs Software Industry
For the Software industry and Technology sector, NEC's Days Payable distribution charts can be found below:
* The bar in red indicates where NEC's Days Payable falls into.
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.
NEC's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
NEC (NIPNF) has a Days Payable of 54.62 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 NEC and its competitors. This is 30% below median its historical median of 78.32. Over the past decade, NEC's Days Payable has ranged from 67.35 to 95.62. According to the industry distribution chart, NEC ranks #1108 out of 2602 companies in the Software industry, placing it in the top 42.6%.
Is NEC's Days Payable too high?
NEC's current Days Payable of 54.62 is 30% below median its 10-year median of 78.32. Over the past 10 years, this metric has ranged from a low of 67.35 to a high of 95.62. The Software industry median Days Payable is 53.96. NEC's value of 54.62 is 1.2% above this industry median. Based on the distribution chart, NEC ranks #1108 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, NEC has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NEC's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, NEC ranks #1108 out of 2602 companies for Days Payable. This puts NEC in the upper half of its industry. The industry median Days Payable is 53.96. NEC's value of 54.62 is 1.2% above this benchmark. Historically, NEC's own Days Payable has ranged from 67.35 to 95.62 over the past decade. While the company's 10-year median is 78.32 vs. the industry median of 53.96, NEC has consistently been above 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,602 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. NEC's current Days Payable of 54.62 is 1.2% above 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 NEC and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEC's current Days Payable is 54.62, which is 30% below median its own 10-year median of 78.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEC stock overvalued right now?
Based on GuruFocus' analysis, NEC (NIPNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.90, compared to a current price of $23.75 — trading 32.7% above its estimated fair value. The current Days Payable is 54.62, which is 30% below median its 10-year median of 78.32 and 1.2% above the Software industry median of 53.96. NEC's overall GF Score™ is 79/100. 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 NEC (NIPNF), the current Days Payable is 54.62 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 NEC (NIPNF) Overvalued in 2026?
Based on GuruFocus' analysis, NEC stock appears to be overvalued.
The current stock price of $23.75 is trading 32.7% above its estimated GF Value™ of $17.90.
GuruFocus considers NEC to be Significantly Overvalued.
Key valuation signals for NIPNF:
Days Payable: 54.62 (30% below median its 10-year median of 78.32)
GF Value™: $17.90 vs. price of $23.75 (32.7% above fair value)
Industry Position: 1.2% above the Software median (#1108 of 2602)
No single metric tells the full story. See the NIPNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NEC Corp is engaged in IT services, networks, social infrastructure, and solutions. The company operates through three segments: IT Services, Social Infrastructure, and Others. The IT Services segment provides system integration, consulting, maintenance, outsourcing, cloud services, system equipment, and software services. The Social Infrastructure segment offers network infrastructure, including core networks, mobile base stations, optical transmission systems, and marine systems, along with telecom software, OSS/BSS solutions, aerospace and defense system integration, and maintenance. The Others segment covers the development, manufacturing, and sales of system equipment. It generates the majority of its revenue from the IT Services segment.
79GF Score
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