Nippon Aqua Co (TSE:1429) Days Payable: 88.97 (As of Dec. 2025) — 17% Below Median

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TSE:1429 Nippon Aqua Co Ltd TSE:1429
73 GF Score
Price 円749.00
GF Value 円1,075.86
Valuation Significantly Undervalued
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What is Nippon Aqua Co Days Payable?

Nippon Aqua Co TSE:1429 +0.94% 73 Days Payable is 88.97 as of Dec. 2025, which is 17% below its 10-year median of 107.22. GuruFocus rates TSE:1429 with a GF Score™ of 73/100 and a GF Value™ of 円1,075.86 (Significantly Undervalued). Among 1,716 Construction companies, Nippon Aqua Co ranks better than 59.44% on this metric.

Nippon Aqua Co's average Accounts Payable for the three months ended in Dec. 2025 was 円6,860 Mil. Nippon Aqua Co's Cost of Goods Sold for the three months ended in Dec. 2025 was 円7,035 Mil. Hence, Nippon Aqua Co's Days Payable for the three months ended in Dec. 2025 was 88.97.

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

TSE:1429' s Days Payable Range Over the Past 10 Years
Min: 94.95   Med: 107.22   Max: 113.14
Current: 94.95

During the past 13 years, Nippon Aqua Co's highest Days Payable was 113.14. The lowest was 94.95. And the median was 107.22.

TSE:1429's Days Payable is ranked better than
59.44% of 1716 companies
in the Construction industry
Industry Median: 76.5 vs TSE:1429: 94.95

Nippon Aqua Co's Days Payable increased from Dec. 2024 (86.06) to Dec. 2025 (88.97). It may suggest that Nippon Aqua Co delayed paying its suppliers.


Nippon Aqua Co Days Payable Historical Data

* Premium members only.

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

Nippon Aqua Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.77 113.14 108.43 109.25 106.16

Nippon Aqua 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 110.15 95.31 95.56 88.97 106.19

TSE:1429 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Nippon Aqua 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 Aqua Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Nippon Aqua Co's Days Payable distribution charts can be found below:

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


TSE:1429
73GF Score
Nippon Aqua Co Ltd TSE:1429
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Aqua 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 Aqua Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (7556.639 + 7528.35) / 2 ) / 25932.324*365
=7542.4945 / 25932.324*365
=106.16

Nippon Aqua Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (6190.676 + 7528.35) / 2 ) / 7035.432*365 / 4
=6859.513 / 7035.432*365 / 4
=88.97

* 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 88.97 mean?
Nippon Aqua Co (TSE:1429) has a Days Payable of 88.97 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nippon Aqua Co and its competitors. This is 17% below median its historical median of 107.22. Over the past decade, Nippon Aqua Co's Days Payable has ranged from 94.95 to 113.14. According to the industry distribution chart, Nippon Aqua Co ranks #696 out of 1716 companies in the Construction industry, placing it in the top 40.6%.
Is Nippon Aqua Co's Days Payable too high?
Nippon Aqua Co's current Days Payable of 88.97 is 17% below median its 10-year median of 107.22. Over the past 10 years, this metric has ranged from a low of 94.95 to a high of 113.14. The Construction industry median Days Payable is 76.50. Nippon Aqua Co's value of 88.97 is 16.3% above this industry median. Based on the distribution chart, Nippon Aqua Co ranks #696 out of 1716 companies in the Construction industry, which is above the industry midpoint. Overall, Nippon Aqua Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Aqua Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Nippon Aqua Co ranks #696 out of 1716 companies for Days Payable. This puts Nippon Aqua Co in the upper half of its industry. The industry median Days Payable is 76.50. Nippon Aqua Co's value of 88.97 is 16.3% above this benchmark. Historically, Nippon Aqua Co's own Days Payable has ranged from 94.95 to 113.14 over the past decade. While the company's 10-year median is 107.22 vs. the industry median of 76.50, Nippon Aqua Co 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 Construction company?
The median Days Payable among Construction companies is 76.50, based on 1,716 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 Aqua Co's current Days Payable of 88.97 is 16.3% 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 Nippon Aqua Co and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Aqua Co's current Days Payable is 88.97, which is 17% below median its own 10-year median of 107.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Aqua Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Aqua Co (TSE:1429) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,075.86, compared to a current price of 円749.00 — trading 30.4% below its estimated fair value. The current Days Payable is 88.97, which is 17% below median its 10-year median of 107.22 and 16.3% above the Construction industry median of 76.50. Nippon Aqua Co's overall GF Score™ is 73/100. 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 Nippon Aqua Co (TSE:1429), the current Days Payable is 88.97 as of Dec. 2025. 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 Aqua Co (TSE:1429) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Aqua Co stock appears to be undervalued. The current stock price of 円749.00 is trading 30.4% below its estimated GF Value™ of 円1,075.86. GuruFocus considers Nippon Aqua Co to be Significantly Undervalued.

Key valuation signals for TSE:1429:

  • Days Payable: 88.97 (17% below median its 10-year median of 107.22)
  • GF Value™: 円1,075.86 vs. price of 円749.00 (30.4% below fair value)
  • GF Score™: 73/100
  • Industry Position: 16.3% above the Construction median (#696 of 1716)

No single metric tells the full story. See the TSE:1429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Aqua Co Business Description

Address 2-16-2 Konan, Minato-ku, Tokyo, JPN, 222-0033
Nippon Aqua Co Ltd is engaged in the development, sales, and installation of rigid polyurethane foam (Note) and waterproofing materials (polyurea). The company also provides a comprehensive service from the procurement, manufacturing, and sales of raw materials according to its specifications, to insulation design, sales of related materials such as heat-shielding materials, and on-site installation. Its business consists of a single business: thermal insulation construction and related services.
73GF Score

Get the complete analysis for TSE:1429

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

円749.00
Price
円1,075.86
GF Value