Nippon Road Co (TSE:1884) Days Payable: 67.29 (As of Mar. 2025)


TSE:1884 Nippon Road Co Ltd TSE:1884
17 GF Score
Price 円2,511.00
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What is Nippon Road Co Days Payable?

Nippon Road Co TSE:1884 -0.16% 17 Days Payable is 67.29 as of Mar. 2025. GuruFocus rates TSE:1884 with a GF Score™ of 17/100.

Nippon Road Co's average Accounts Payable for the three months ended in Mar. 2025 was 円27,645 Mil. Nippon Road Co's Cost of Goods Sold for the three months ended in Mar. 2025 was 円37,488 Mil. Hence, Nippon Road Co's Days Payable for the three months ended in Mar. 2025 was 67.29.

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

TSE:1884's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.67
* Ranked among companies with meaningful Days Payable only.

Nippon Road Co's Days Payable declined from Mar. 2024 (71.02) to Mar. 2025 (67.29). It may suggest that Nippon Road Co accelerated paying its suppliers.

Nippon Road Co Days Payable Historical Data

* Premium members only.

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

Nippon Road Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.33 81.11 80.06 74.98 69.39

Nippon Road Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 79.82 63.94 58.22 67.29 69.43

TSE:1884 vs PWR, EME, FIX: Days Payable Comparison

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

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

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


TSE:1884
17GF Score
Nippon Road Co Ltd TSE:1884
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Road 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 Road Co's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (27663 + 26915) / 2 ) / 143545*365
=27289 / 143545*365
=69.39

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

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (28374 + 26915) / 2 ) / 37488*365 / 4
=27644.5 / 37488*365 / 4
=67.29

* 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 67.29 mean?
Nippon Road Co (TSE:1884) has a Days Payable of 67.29 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nippon Road Co and its competitors.
Is Nippon Road Co's Days Payable too high?
Nippon Road Co's current Days Payable is 67.29. The Construction industry median Days Payable is 76.67. Nippon Road Co's value of 67.29 is 12.2% below this industry median. Overall, Nippon Road Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Road Co's Days Payable compare to PWR and EME?
Nippon Road Co's Days Payable of 67.29 can be compared against companies in the Construction industry. The industry median Days Payable is 76.67. Nippon Road Co's value of 67.29 is 12.2% below this benchmark. 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. Nippon Road Co's current Days Payable of 67.29 is 12.2% 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 Road 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. Nippon Road Co's current Days Payable is 67.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Road Co stock overvalued right now?
Nippon Road Co (TSE:1884) has a current Days Payable of 67.29. The current Days Payable is 67.29 and 12.2% below the Construction industry median of 76.67. Nippon Road Co's overall GF Score™ is 17/100. 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 Road Co (TSE:1884), the current Days Payable is 67.29 as of Mar. 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.

Nippon Road Co Business Description

Address 6-5, Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0004
Nippon Road Co Ltd is engaged in the business of general construction. The company is involved in the construction design, supervision, and management activities, road construction and paving work, general civil engineering works, building construction, construction of environmental, and sport and leisure facilities. In addition, it also manufactures and sells asphalt mixture materials and is also in the consulting business.
17GF Score

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

円2,511.00
Price