Nippon Dry-Chemical Co (TSE:1909) Days Payable: 36.82 (As of Mar. 2026) — 48% Below Median

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TSE:1909 Nippon Dry-Chemical Co Ltd TSE:1909
74 GF Score
Price 円3,695.00
GF Value 円1,034.07
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nippon Dry-Chemical Co Days Payable?

Nippon Dry-Chemical Co TSE:1909 +0.14% 74 Days Payable is 36.82 as of Mar. 2026, which is 48% below its 10-year median of 70.45. GuruFocus rates TSE:1909 with a GF Score™ of 74/100 and a GF Value™ of 円1,034.07 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 945 Business Services companies, Nippon Dry-Chemical Co ranks worse than 51.43% on this metric.

Nippon Dry-Chemical Co's average Accounts Payable for the three months ended in Mar. 2026 was 円5,009 Mil. Nippon Dry-Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円12,413 Mil. Hence, Nippon Dry-Chemical Co's Days Payable for the three months ended in Mar. 2026 was 36.82.

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

TSE:1909' s Days Payable Range Over the Past 10 Years
Min: 43.97   Med: 70.45   Max: 110.12
Current: 43.97

During the past 13 years, Nippon Dry-Chemical Co's highest Days Payable was 110.12. The lowest was 43.97. And the median was 70.45.

TSE:1909's Days Payable is ranked worse than
51.43% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs TSE:1909: 43.97

Nippon Dry-Chemical Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (36.82). It may suggest that Nippon Dry-Chemical Co delayed paying its suppliers.


Nippon Dry-Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Dry-Chemical 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 Dry-Chemical Co Days Payable Chart

Nippon Dry-Chemical 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 61.97 61.52 67.76 62.02 44.69

Nippon Dry-Chemical Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 51.78 49.41 40.08 36.82

TSE:1909 vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Nippon Dry-Chemical 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 Dry-Chemical Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Nippon Dry-Chemical Co's Days Payable distribution charts can be found below:

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


TSE:1909
74GF Score
Nippon Dry-Chemical Co Ltd TSE:1909
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Dry-Chemical 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 Dry-Chemical 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
=( (5408.901 + 5179.103) / 2 ) / 43234.577*365
=5294.002 / 43234.577*365
=44.69

Nippon Dry-Chemical 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
=( (4839.699 + 5179.103) / 2 ) / 12413.453*365 / 4
=5009.401 / 12413.453*365 / 4
=36.82

* 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 36.82 mean?
Nippon Dry-Chemical Co (TSE:1909) has a Days Payable of 36.82 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 Dry-Chemical Co and its competitors. This is 48% below median its historical median of 70.45. Over the past decade, Nippon Dry-Chemical Co's Days Payable has ranged from 43.97 to 110.12. According to the industry distribution chart, Nippon Dry-Chemical Co ranks #486 out of 945 companies in the Business Services industry, placing it in the top 51.4%.
Is Nippon Dry-Chemical Co's Days Payable too high?
Nippon Dry-Chemical Co's current Days Payable of 36.82 is 48% below median its 10-year median of 70.45. Over the past 10 years, this metric has ranged from a low of 43.97 to a high of 110.12. The Business Services industry median Days Payable is 46.11. Nippon Dry-Chemical Co's value of 36.82 is 20.1% below this industry median. Based on the distribution chart, Nippon Dry-Chemical Co ranks #486 out of 945 companies in the Business Services industry, which is below the industry midpoint. Overall, Nippon Dry-Chemical Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Dry-Chemical Co's Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Nippon Dry-Chemical Co ranks #486 out of 945 companies for Days Payable. This places Nippon Dry-Chemical Co in the lower half of its industry. The industry median Days Payable is 46.11. Nippon Dry-Chemical Co's value of 36.82 is 20.1% below this benchmark. Historically, Nippon Dry-Chemical Co's own Days Payable has ranged from 43.97 to 110.12 over the past decade. While the company's 10-year median is 70.45 vs. the industry median of 46.11, Nippon Dry-Chemical 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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 Dry-Chemical Co's current Days Payable of 36.82 is 20.1% 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 Dry-Chemical Co and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Dry-Chemical Co's current Days Payable is 36.82, which is 48% below median its own 10-year median of 70.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Dry-Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Dry-Chemical Co (TSE:1909) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,034.07, compared to a current price of 円3,695.00 — trading 257.3% above its estimated fair value. The current Days Payable is 36.82, which is 48% below median its 10-year median of 70.45 and 20.1% below the Business Services industry median of 46.11. Nippon Dry-Chemical Co's overall GF Score™ is 74/100 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 Nippon Dry-Chemical Co (TSE:1909), the current Days Payable is 36.82 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 Dry-Chemical Co (TSE:1909) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Dry-Chemical Co stock appears to be overvalued. The current stock price of 円3,695.00 is trading 257.3% above its estimated GF Value™ of 円1,034.07. GuruFocus considers Nippon Dry-Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:1909:

  • Days Payable: 36.82 (48% below median its 10-year median of 70.45)
  • GF Value™: 円1,034.07 vs. price of 円3,695.00 (257.3% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 20.1% below the Business Services median (#486 of 945)

No single metric tells the full story. See the TSE:1909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Dry-Chemical Co Business Description

Address 2-3-1,Daiba,Minato-ku, Tokyo, JPN
Nippon Dry-Chemical Co Ltd designs, manufactures, sells, and installs fire extinguishing equipment, fire engines and security systems in Japan. The company offers sprinkler systems; drencher equipment; sprinkler systems for apartment buildings; automatic fire alarm systems; water ejector sprinkler systems; indoor/outdoor hydrants; tunnel disaster prevention systems; and consolidated water pipes among other products.
74GF Score

Get the complete analysis for TSE:1909

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

円3,695.00
Price
円1,034.07
GF Value