Nittoc Construction Co (TSE:1929) Days Payable: 75.16 (As of Jun. 2026) — Near Median

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TSE:1929 Nittoc Construction Co Ltd TSE:1929
75 GF Score
Price 円1,241.00
GF Value 円1,291.93
Valuation Fairly Valued
! 2 Warning Signs
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What is Nittoc Construction Co Days Payable?

Nittoc Construction Co TSE:1929 -0.32% 75 Days Payable is 75.16 as of Jun. 2026, which is 6% below its 10-year median of 80.24. GuruFocus rates TSE:1929 with a GF Score™ of 75/100 and a GF Value™ of 円1,291.93 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,727 Construction companies, Nittoc Construction Co ranks worse than 78.98% on this metric.

Nittoc Construction Co's average Accounts Payable for the three months ended in Jun. 2026 was 円12,697 Mil. Nittoc Construction Co's Cost of Goods Sold for the three months ended in Jun. 2026 was 円15,416 Mil. Hence, Nittoc Construction Co's Days Payable for the three months ended in Jun. 2026 was 75.16.

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

TSE:1929' s Days Payable Range Over the Past 10 Years
Min: 40.11   Med: 80.24   Max: 88.74
Current: 40.11

During the past 13 years, Nittoc Construction Co's highest Days Payable was 88.74. The lowest was 40.11. And the median was 80.24.

TSE:1929's Days Payable is ranked worse than
78.98% of 1727 companies
in the Construction industry
Industry Median: 77.4 vs TSE:1929: 40.11

Nittoc Construction Co's Days Payable declined from Jun. 2025 (78.06) to Jun. 2026 (75.16). It may suggest that Nittoc Construction Co accelerated paying its suppliers.


Nittoc Construction Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nittoc Construction 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.

Nittoc Construction Co Days Payable Chart

Nittoc Construction 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 78.70 72.28 73.01 81.79 69.95

Nittoc Construction 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 78.06 68.20 65.22 68.65 75.16

TSE:1929 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Nittoc 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.


Nittoc Construction Co Days Payable vs Construction Industry

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

* The bar in red indicates where Nittoc Construction Co's Days Payable falls into.


TSE:1929
75GF Score
Nittoc Construction Co Ltd TSE:1929
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nittoc 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.

Nittoc Construction 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
=( (12359 + 13684) / 2 ) / 67945*365
=13021.5 / 67945*365
=69.95

Nittoc Construction Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (13684 + 11710) / 2 ) / 15416*365 / 4
=12697 / 15416*365 / 4
=75.16

* 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 75.16 mean?
Nittoc Construction Co (TSE:1929) has a Days Payable of 75.16 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nittoc Construction Co and its competitors. This is near median its historical median of 80.24. Over the past decade, Nittoc Construction Co's Days Payable has ranged from 40.11 to 88.74. According to the industry distribution chart, Nittoc Construction Co ranks #1364 out of 1727 companies in the Construction industry, placing it in the top 79%.
Is Nittoc Construction Co's Days Payable too high?
Nittoc Construction Co's current Days Payable of 75.16 is near median its 10-year median of 80.24. Over the past 10 years, this metric has ranged from a low of 40.11 to a high of 88.74. The Construction industry median Days Payable is 77.40. Nittoc Construction Co's value of 75.16 is 2.9% below this industry median. Based on the distribution chart, Nittoc Construction Co ranks #1364 out of 1727 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Nittoc Construction Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoc Construction Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Nittoc Construction Co ranks #1364 out of 1727 companies for Days Payable. This places Nittoc Construction Co in the lower half of its industry. The industry median Days Payable is 77.40. Nittoc Construction Co's value of 75.16 is 2.9% below this benchmark. Historically, Nittoc Construction Co's own Days Payable has ranged from 40.11 to 88.74 over the past decade. While the company's 10-year median is 80.24 vs. the industry median of 77.40, Nittoc 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 77.40, based on 1,727 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. Nittoc Construction Co's current Days Payable of 75.16 is 2.9% 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 Nittoc Construction Co and its competitors. For the Construction industry, the median Days Payable is 77.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoc Construction Co's current Days Payable is 75.16, which is near median its own 10-year median of 80.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoc Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoc Construction Co (TSE:1929) is currently considered Fairly Valued. The stock's GF Value™ is 円1,291.93, compared to a current price of 円1,241.00 — trading 3.9% below its estimated fair value. The current Days Payable is 75.16, which is near median its 10-year median of 80.24 and 2.9% below the Construction industry median of 77.40. Nittoc Construction Co's overall GF Score™ is 75/100 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 Nittoc Construction Co (TSE:1929), the current Days Payable is 75.16 as of Jun. 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 Nittoc Construction Co (TSE:1929) Overvalued in 2026?

Based on GuruFocus' analysis, Nittoc Construction Co stock appears to be undervalued. The current stock price of 円1,241.00 is trading 3.9% below its estimated GF Value™ of 円1,291.93. GuruFocus considers Nittoc Construction Co to be Fairly Valued.

Key valuation signals for TSE:1929:

  • Days Payable: 75.16 (near median its 10-year median of 80.24)
  • GF Value™: 円1,291.93 vs. price of 円1,241.00 (3.9% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 2.9% below the Construction median (#1364 of 1727)

No single metric tells the full story. See the TSE:1929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittoc Construction Co Business Description

Address 10-6, 3-Chome, Higashi-nihonbashi, Daiwa Higashi-nihonbashi Building, 4th Floor 5th Floor 6th Floor, Chuo-ku, Tokyo, JPN, 103-0004
Nittoc Construction Co Ltd is engaged in the construction business as well as several other business activities such as sales of merchandise and materials. Its services include Revegetation Works, Temporary Anchoring Works, Riverbank and Shoreline Embankment Protection, Slope Stabilization and Vegetation Works, Slope Protection, Landslide Mitigation Works, Rock Slope Failure Prevention, Ground Anchors and Anchored Systems, Retaining Walls Construction, and Structural Diagnostics.
75GF Score

Get the complete analysis for TSE:1929

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

円1,241.00
Price
円1,291.93
GF Value