Nippon Techno Lab (SSE:3849) Days Payable: 21.36 (As of Mar. 2026) — 22% Below Median


SSE:3849 Nippon Techno Lab Inc SSE:3849
70 GF Score
Price 円615.00
GF Value 円853.51
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nippon Techno Lab Days Payable?

Nippon Techno Lab SSE:3849 +0.82% 70 Days Payable is 21.36 as of Mar. 2026, which is 22% below its 10-year median of 27.54. GuruFocus rates SSE:3849 with a GF Score™ of 70/100 and a GF Value™ of 円853.51 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,599 Software companies, Nippon Techno Lab ranks worse than 75.76% on this metric.

Nippon Techno Lab's average Accounts Payable for the six months ended in Mar. 2026 was 円37.8 Mil. Nippon Techno Lab's Cost of Goods Sold for the six months ended in Mar. 2026 was 円322.9 Mil. Hence, Nippon Techno Lab's Days Payable for the six months ended in Mar. 2026 was 21.36.

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

SSE:3849' s Days Payable Range Over the Past 10 Years
Min: 18.96   Med: 27.54   Max: 44.93
Current: 23.56

During the past 13 years, Nippon Techno Lab's highest Days Payable was 44.93. The lowest was 18.96. And the median was 27.54.

SSE:3849's Days Payable is ranked worse than
75.76% of 2599 companies
in the Software industry
Industry Median: 53.56 vs SSE:3849: 23.56

Nippon Techno Lab's Days Payable increased from Mar. 2025 (19.13) to Mar. 2026 (21.36). It may suggest that Nippon Techno Lab delayed paying its suppliers.


Nippon Techno Lab Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Techno Lab'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 Techno Lab Days Payable Chart

Nippon Techno Lab 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 41.74 22.86 21.75 18.96 30.07

Nippon Techno Lab 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 22.85 23.72 19.13 16.96 21.36

SSE:3849 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Nippon Techno Lab'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 Techno Lab Days Payable vs Software Industry

For the Software industry and Technology sector, Nippon Techno Lab's Days Payable distribution charts can be found below:

* The bar in red indicates where Nippon Techno Lab's Days Payable falls into.


SSE:3849
70GF Score
Nippon Techno Lab Inc SSE:3849
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Techno Lab 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 Techno Lab'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
=( (6.917 + 63.315) / 2 ) / 426.197*365
=35.116 / 426.197*365
=30.07

Nippon Techno Lab'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
=( (12.285 + 63.315) / 2 ) / 322.91*365 / 2
=37.8 / 322.91*365 / 2
=21.36

* 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 21.36 mean?
Nippon Techno Lab (SSE:3849) has a Days Payable of 21.36 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 Techno Lab and its competitors. This is 22% below median its historical median of 27.54. Over the past decade, Nippon Techno Lab's Days Payable has ranged from 18.96 to 44.93. According to the industry distribution chart, Nippon Techno Lab ranks #1969 out of 2599 companies in the Software industry, placing it in the top 75.8%.
Is Nippon Techno Lab's Days Payable too high?
Nippon Techno Lab's current Days Payable of 21.36 is 22% below median its 10-year median of 27.54. Over the past 10 years, this metric has ranged from a low of 18.96 to a high of 44.93. The Software industry median Days Payable is 53.56. Nippon Techno Lab's value of 21.36 is 60.1% below this industry median. Based on the distribution chart, Nippon Techno Lab ranks #1969 out of 2599 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nippon Techno Lab has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Techno Lab's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Nippon Techno Lab ranks #1969 out of 2599 companies for Days Payable. This places Nippon Techno Lab in the lower half of its industry. The industry median Days Payable is 53.56. Nippon Techno Lab's value of 21.36 is 60.1% below this benchmark. Historically, Nippon Techno Lab's own Days Payable has ranged from 18.96 to 44.93 over the past decade. While the company's 10-year median is 27.54 vs. the industry median of 53.56, Nippon Techno Lab 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 Software company?
The median Days Payable among Software companies is 53.56, based on 2,599 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 Techno Lab's current Days Payable of 21.36 is 60.1% 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 Techno Lab and its competitors. For the Software industry, the median Days Payable is 53.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Techno Lab's current Days Payable is 21.36, which is 22% below median its own 10-year median of 27.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Techno Lab stock overvalued right now?
Based on GuruFocus' analysis, Nippon Techno Lab (SSE:3849) is currently considered Modestly Undervalued. The stock's GF Value™ is 円853.51, compared to a current price of 円615.00 — trading 27.9% below its estimated fair value. The current Days Payable is 21.36, which is 22% below median its 10-year median of 27.54 and 60.1% below the Software industry median of 53.56. Nippon Techno Lab's overall GF Score™ is 70/100 with 1 warning sign 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 Techno Lab (SSE:3849), the current Days Payable is 21.36 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 Techno Lab (SSE:3849) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Techno Lab stock appears to be undervalued. The current stock price of 円615.00 is trading 27.9% below its estimated GF Value™ of 円853.51. GuruFocus considers Nippon Techno Lab to be Modestly Undervalued.

Key valuation signals for SSE:3849:

  • Days Payable: 21.36 (22% below median its 10-year median of 27.54)
  • GF Value™: 円853.51 vs. price of 円615.00 (27.9% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 60.1% below the Software median (#1969 of 2599)

No single metric tells the full story. See the SSE:3849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Techno Lab Business Description

Address 2-1 PMO Hanzomon, 9th Floor, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
Nippon Techno Lab Inc is engaged in Imaging & Printer Controller Business that develops and sells controllers and controller software for industrial printers and plotters. The company is engaged in the storage solutions business and contract development business.
70GF Score

Get the complete analysis for SSE:3849

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

円615.00
Price
円853.51
GF Value