Nihon Dengi Co (TSE:1723) Days Payable: 32.57 (As of Mar. 2026) — 47% Below Median

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TSE:1723 Nihon Dengi Co Ltd TSE:1723
85 GF Score
Price 円2,199.00
GF Value 円963.95
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Nihon Dengi Co Days Payable?

Nihon Dengi Co TSE:1723 -5.01% 85 Days Payable is 32.57 as of Mar. 2026, which is 47% below its 10-year median of 61.94. GuruFocus rates TSE:1723 with a GF Score™ of 85/100 and a GF Value™ of 円963.95 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,441 Hardware companies, Nihon Dengi Co ranks worse than 73.9% on this metric.

Nihon Dengi Co's average Accounts Payable for the three months ended in Mar. 2026 was 円3,224 Mil. Nihon Dengi Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円9,031 Mil. Hence, Nihon Dengi Co's Days Payable for the three months ended in Mar. 2026 was 32.57.

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

TSE:1723' s Days Payable Range Over the Past 10 Years
Min: 43.87   Med: 61.94   Max: 78.3
Current: 43.87

During the past 13 years, Nihon Dengi Co's highest Days Payable was 78.30. The lowest was 43.87. And the median was 61.94.

TSE:1723's Days Payable is ranked worse than
73.9% of 2441 companies
in the Hardware industry
Industry Median: 70.03 vs TSE:1723: 43.87

Nihon Dengi Co's Days Payable declined from Mar. 2025 (35.30) to Mar. 2026 (32.57). It may suggest that Nihon Dengi Co accelerated paying its suppliers.


Nihon Dengi Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nihon Dengi 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.

Nihon Dengi Co Days Payable Chart

Nihon Dengi 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 56.99 68.99 59.98 52.59 53.45

Nihon Dengi Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 61.04 47.49 53.83 32.57 57.17

TSE:1723 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Nihon Dengi 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.


Nihon Dengi Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Nihon Dengi Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nihon Dengi Co's Days Payable falls into.


TSE:1723
85GF Score
Nihon Dengi Co Ltd TSE:1723
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Dengi 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.

Nihon Dengi 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
=( (3861 + 3288) / 2 ) / 24408*365
=3574.5 / 24408*365
=53.45

Nihon Dengi 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
=( (3159 + 3288) / 2 ) / 9031*365 / 4
=3223.5 / 9031*365 / 4
=32.57

* 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 32.57 mean?
Nihon Dengi Co (TSE:1723) has a Days Payable of 32.57 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 Nihon Dengi Co and its competitors. This is 47% below median its historical median of 61.94. Over the past decade, Nihon Dengi Co's Days Payable has ranged from 43.87 to 78.30. According to the industry distribution chart, Nihon Dengi Co ranks #1804 out of 2441 companies in the Hardware industry, placing it in the top 73.9%.
Is Nihon Dengi Co's Days Payable too high?
Nihon Dengi Co's current Days Payable of 32.57 is 47% below median its 10-year median of 61.94. Over the past 10 years, this metric has ranged from a low of 43.87 to a high of 78.30. The Hardware industry median Days Payable is 70.03. Nihon Dengi Co's value of 32.57 is 53.5% below this industry median. Based on the distribution chart, Nihon Dengi Co ranks #1804 out of 2441 companies in the Hardware industry, which is below the industry midpoint. Overall, Nihon Dengi Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Dengi Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Nihon Dengi Co ranks #1804 out of 2441 companies for Days Payable. This places Nihon Dengi Co in the lower half of its industry. The industry median Days Payable is 70.03. Nihon Dengi Co's value of 32.57 is 53.5% below this benchmark. Historically, Nihon Dengi Co's own Days Payable has ranged from 43.87 to 78.30 over the past decade. While the company's 10-year median is 61.94 vs. the industry median of 70.03, Nihon Dengi 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 Hardware company?
The median Days Payable among Hardware companies is 70.03, based on 2,441 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. Nihon Dengi Co's current Days Payable of 32.57 is 53.5% 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 Nihon Dengi Co and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Dengi Co's current Days Payable is 32.57, which is 47% below median its own 10-year median of 61.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Dengi Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Dengi Co (TSE:1723) is currently considered Significantly Overvalued. The stock's GF Value™ is 円963.95, compared to a current price of 円2,199.00 — trading 128.1% above its estimated fair value. The current Days Payable is 32.57, which is 47% below median its 10-year median of 61.94 and 53.5% below the Hardware industry median of 70.03. Nihon Dengi Co's overall GF Score™ is 85/100 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 Nihon Dengi Co (TSE:1723), the current Days Payable is 32.57 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 Nihon Dengi Co (TSE:1723) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Dengi Co stock appears to be overvalued. The current stock price of 円2,199.00 is trading 128.1% above its estimated GF Value™ of 円963.95. GuruFocus considers Nihon Dengi Co to be Significantly Overvalued.

Key valuation signals for TSE:1723:

  • Days Payable: 32.57 (47% below median its 10-year median of 61.94)
  • GF Value™: 円963.95 vs. price of 円2,199.00 (128.1% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 53.5% below the Hardware median (#1804 of 2441)

No single metric tells the full story. See the TSE:1723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Dengi Co Business Description

Address 2 - 10 - 14 Sumida - ku, Tokyo, JPN
Nihon Dengi Co Ltd designs, constructs, and maintain control boards, automatic control system, monitoring boards, among others.
85GF Score

Get the complete analysis for TSE:1723

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

円2,199.00
Price
円963.95
GF Value