Nippon Grande Co (SSE:2976) Days Payable: 80.71 (As of Mar. 2026) — 45% Below Median


SSE:2976 Nippon Grande Co Ltd SSE:2976
19 GF Score
Price 円663.00
! 4 Warning Signs
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What is Nippon Grande Co Days Payable?

Nippon Grande Co SSE:2976 19 Days Payable is 80.71 as of Mar. 2026, which is 45% below its 10-year median of 146.74. GuruFocus rates SSE:2976 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,568 Real Estate companies, Nippon Grande Co ranks worse than 65.24% on this metric.

Nippon Grande Co's average Accounts Payable for the six months ended in Mar. 2026 was 円482 Mil. Nippon Grande Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,090 Mil. Hence, Nippon Grande Co's Days Payable for the six months ended in Mar. 2026 was 80.71.

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

SSE:2976' s Days Payable Range Over the Past 10 Years
Min: 29.83   Med: 146.74   Max: 279.96
Current: 56.58

During the past 10 years, Nippon Grande Co's highest Days Payable was 279.96. The lowest was 29.83. And the median was 146.74.

SSE:2976's Days Payable is ranked worse than
65.24% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs SSE:2976: 56.58

Nippon Grande Co's Days Payable increased from Mar. 2025 (47.77) to Mar. 2026 (80.71). It may suggest that Nippon Grande Co delayed paying its suppliers.


Nippon Grande Co Days Payable Historical Data

* Premium members only.

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

Nippon Grande 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 158.14 152.37 160.40 107.04 29.83

Nippon Grande Co Semi-Annual Data
Mar17 Mar18 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 63.23 84.95 47.77 64.05 80.71

SSE:2976 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Nippon Grande 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 Grande Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nippon Grande Co's Days Payable distribution charts can be found below:

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


SSE:2976
19GF Score
Nippon Grande Co Ltd SSE:2976
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Grande 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 Grande 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
=( (465.875 + 36.685) / 2 ) / 3074.234*365
=251.28 / 3074.234*365
=29.83

Nippon Grande 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
=( (927.137 + 36.685) / 2 ) / 1089.713*365 / 2
=481.911 / 1089.713*365 / 2
=80.71

* 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 80.71 mean?
Nippon Grande Co (SSE:2976) has a Days Payable of 80.71 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 Grande Co and its competitors. This is 45% below median its historical median of 146.74. Over the past decade, Nippon Grande Co's Days Payable has ranged from 29.83 to 279.96. According to the industry distribution chart, Nippon Grande Co ranks #1023 out of 1568 companies in the Real Estate industry, placing it in the top 65.2%.
Is Nippon Grande Co's Days Payable too high?
Nippon Grande Co's current Days Payable of 80.71 is 45% below median its 10-year median of 146.74. Over the past 10 years, this metric has ranged from a low of 29.83 to a high of 279.96. The Real Estate industry median Days Payable is 94.21. Nippon Grande Co's value of 80.71 is 14.3% below this industry median. Based on the distribution chart, Nippon Grande Co ranks #1023 out of 1568 companies in the Real Estate industry, which is below the industry midpoint. Overall, Nippon Grande Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Grande Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nippon Grande Co ranks #1023 out of 1568 companies for Days Payable. This places Nippon Grande Co in the lower half of its industry. The industry median Days Payable is 94.21. Nippon Grande Co's value of 80.71 is 14.3% below this benchmark. Historically, Nippon Grande Co's own Days Payable has ranged from 29.83 to 279.96 over the past decade. While the company's 10-year median is 146.74 vs. the industry median of 94.21, Nippon Grande 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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 Grande Co's current Days Payable of 80.71 is 14.3% 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 Grande Co and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Grande Co's current Days Payable is 80.71, which is 45% below median its own 10-year median of 146.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Grande Co stock overvalued right now?
Nippon Grande Co (SSE:2976) has a current Days Payable of 80.71. The current Days Payable is 80.71, which is 45% below median its 10-year median of 146.74 and 14.3% below the Real Estate industry median of 94.21. Nippon Grande Co's overall GF Score™ is 19/100 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 Grande Co (SSE:2976), the current Days Payable is 80.71 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.

Nippon Grande Co Business Description

Address 1-1-1 Odori Nishi 5-chome, Chuo-ku, Sapporo City, JPN
Nippon Grande Co Ltd is a Japanese company that provides real estate-based services. It offers real estate sales, real estate leasing, and other services. Its reportable business segments are Real estate sales, Real estate rental, and Real estate-related.
19GF Score

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

円663.00
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