NPNGY (Nippon Gas Co) Days Payable: 42.46 (As of Mar. 2026) — Near Median


NPNGY Nippon Gas Co Ltd NPNGY
86 GF Score
Price $8.67
GF Value $8.21
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Nippon Gas Co Days Payable?

Nippon Gas Co NPNGY 86 Days Payable is 42.46 as of Mar. 2026, which is 7% below its 10-year median of 45.51. GuruFocus rates NPNGY with a GF Score™ of 86/100 and a GF Value™ of $8.21 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 481 Utilities - Regulated companies, Nippon Gas Co ranks worse than 71.73% on this metric.

Nippon Gas Co's average Accounts Payable for the three months ended in Mar. 2026 was $122 Mil. Nippon Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $263 Mil. Hence, Nippon Gas Co's Days Payable for the three months ended in Mar. 2026 was 42.46.

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

NPNGY' s Days Payable Range Over the Past 10 Years
Min: 36.57   Med: 45.51   Max: 51.56
Current: 44.25

During the past 13 years, Nippon Gas Co's highest Days Payable was 51.56. The lowest was 36.57. And the median was 45.51.

NPNGY's Days Payable is ranked worse than
71.73% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs NPNGY: 44.25

Nippon Gas Co's Days Payable increased from Mar. 2025 (39.90) to Mar. 2026 (42.46). It may suggest that Nippon Gas Co delayed paying its suppliers.


Nippon Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Gas 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 Gas Co Days Payable Chart

Nippon Gas 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 46.38 45.29 54.80 48.82 52.91

Nippon Gas 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 39.90 45.52 40.57 42.41 42.46

NPNGY vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Nippon Gas 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 Gas Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Days Payable distribution charts can be found below:

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


NPNGY
86GF Score
Nippon Gas Co Ltd NPNGY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Gas 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 Gas 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
=( (116.277 + 124.399) / 2 ) / 830.16*365
=120.338 / 830.16*365
=52.91

Nippon Gas 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (120.283 + 124.399) / 2 ) / 262.921*365 / 4
=122.341 / 262.921*365 / 4
=42.46

* 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 42.46 mean?
Nippon Gas Co (NPNGY) has a Days Payable of 42.46 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 Nippon Gas Co and its competitors. This is near median its historical median of 45.51. Over the past decade, Nippon Gas Co's Days Payable has ranged from 36.57 to 51.56. According to the industry distribution chart, Nippon Gas Co ranks #345 out of 481 companies in the Utilities - Regulated industry, placing it in the top 71.7%.
Is Nippon Gas Co's Days Payable too high?
Nippon Gas Co's current Days Payable of 42.46 is near median its 10-year median of 45.51. Over the past 10 years, this metric has ranged from a low of 36.57 to a high of 51.56. The Utilities - Regulated industry median Days Payable is 70.35. Nippon Gas Co's value of 42.46 is 39.6% below this industry median. Based on the distribution chart, Nippon Gas Co ranks #345 out of 481 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Nippon Gas Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Nippon Gas Co ranks #345 out of 481 companies for Days Payable. This places Nippon Gas Co in the lower half of its industry. The industry median Days Payable is 70.35. Nippon Gas Co's value of 42.46 is 39.6% below this benchmark. Historically, Nippon Gas Co's own Days Payable has ranged from 36.57 to 51.56 over the past decade. While the company's 10-year median is 45.51 vs. the industry median of 70.35, Nippon Gas 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 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 Gas Co's current Days Payable of 42.46 is 39.6% 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 Nippon Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Gas Co's current Days Payable is 42.46, which is near median its own 10-year median of 45.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gas Co (NPNGY) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.21, compared to a current price of $8.67 — trading 5.5% above its estimated fair value. The current Days Payable is 42.46, which is near median its 10-year median of 45.51 and 39.6% below the Utilities - Regulated industry median of 70.35. Nippon Gas Co's overall GF Score™ is 86/100 with 4 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 Gas Co (NPNGY), the current Days Payable is 42.46 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 Nippon Gas Co (NPNGY) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Gas Co stock appears to be overvalued. The current stock price of $8.67 is trading 5.5% above its estimated GF Value™ of $8.21. GuruFocus considers Nippon Gas Co to be Modestly Overvalued.

Key valuation signals for NPNGY:

  • Days Payable: 42.46 (near median its 10-year median of 45.51)
  • GF Value™: $8.21 vs. price of $8.67 (5.5% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 39.6% below the Utilities - Regulated median (#345 of 481)

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


Nippon Gas Co Business Description

Other Exchanges 8174:JapanNG0:Germany
Address 10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.
86GF Score

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

$8.67
Price
$8.21
GF Value