* 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.
TSE:1820 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Nishimatsu Construction 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.
Nishimatsu Construction Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Nishimatsu Construction Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nishimatsu Construction Co's Days Payable falls into.
Nishimatsu Construction 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.
* 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.
Nishimatsu Construction Co (TSE:1820) has a Days Payable of 60.05 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 Nishimatsu Construction Co and its competitors. This is 31% below median its historical median of 86.93. Over the past decade, Nishimatsu Construction Co's Days Payable has ranged from 66.93 to 128.58. According to the industry distribution chart, Nishimatsu Construction Co ranks #955 out of 1709 companies in the Construction industry, placing it in the top 55.9%.
Is Nishimatsu Construction Co's Days Payable too high?
Nishimatsu Construction Co's current Days Payable of 60.05 is 31% below median its 10-year median of 86.93. Over the past 10 years, this metric has ranged from a low of 66.93 to a high of 128.58. The Construction industry median Days Payable is 76.67. Nishimatsu Construction Co's value of 60.05 is 21.7% below this industry median. Based on the distribution chart, Nishimatsu Construction Co ranks #955 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, Nishimatsu Construction Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nishimatsu Construction Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Nishimatsu Construction Co ranks #955 out of 1709 companies for Days Payable. This places Nishimatsu Construction Co in the lower half of its industry. The industry median Days Payable is 76.67. Nishimatsu Construction Co's value of 60.05 is 21.7% below this benchmark. Historically, Nishimatsu Construction Co's own Days Payable has ranged from 66.93 to 128.58 over the past decade. While the company's 10-year median is 86.93 vs. the industry median of 76.67, Nishimatsu Construction 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 Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,709 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. Nishimatsu Construction Co's current Days Payable of 60.05 is 21.7% 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 Nishimatsu Construction Co and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nishimatsu Construction Co's current Days Payable is 60.05, which is 31% below median its own 10-year median of 86.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishimatsu Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Nishimatsu Construction Co (TSE:1820) is currently considered Fairly Valued. The stock's GF Value™ is 円5,255.05, compared to a current price of 円5,376.00 — trading 2.3% above its estimated fair value. The current Days Payable is 60.05, which is 31% below median its 10-year median of 86.93 and 21.7% below the Construction industry median of 76.67. Nishimatsu Construction Co's overall GF Score™ is 82/100 with 2 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 Nishimatsu Construction Co (TSE:1820), the current Days Payable is 60.05 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 Nishimatsu Construction Co (TSE:1820) Overvalued in 2026?
Based on GuruFocus' analysis, Nishimatsu Construction Co stock appears to be overvalued.
The current stock price of 円5,376.00 is trading 2.3% above its estimated GF Value™ of 円5,255.05.
GuruFocus considers Nishimatsu Construction Co to be Fairly Valued.
Key valuation signals for TSE:1820:
Days Payable: 60.05 (31% below median its 10-year median of 86.93)
GF Value™: 円5,255.05 vs. price of 円5,376.00 (2.3% above fair value)
Industry Position: 21.7% below the Construction median (#955 of 1709)
No single metric tells the full story. See the TSE:1820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishimatsu Construction Co Ltd is a Japanese construction and real estate business. The company operates through three segments: civil engineering, building construction, real estate, and others. Together, the civil engineering and building construction segments generate the vast majority of consolidated revenue, and design and construct harbours, airports, highways, dams, tunnels, railways, high-rise buildings, and power plants. The company principally operates in Japan and across Asia, and derives the majority of revenue domestically.
82GF Score
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