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Nippon Rietec CoTSE:1938 -0.40%73 Days Payable is 41.16 as of Mar. 2026, which is 33% below its 10-year median of 61.01. GuruFocus rates TSE:1938 with a GF Score™ of 73/100 and a GF Value™ of 円1,873.12 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,718 Construction companies, Nippon Rietec Co ranks worse than 72.93% on this metric.
The historical rank and industry rank for Nippon Rietec Co's Days Payable or its related term are showing as below:
TSE:1938'
s Days Payable Range Over the Past 10 Years
Min: 46.79 Med: 61.01 Max: 87.16
Current: 46.79
During the past 13 years, Nippon Rietec Co's highest Days Payable was 87.16. The lowest was 46.79. And the median was 61.01.
TSE:1938's Days Payable is ranked worse than 72.93% of 1718
companies
in the Construction industry
Industry Median: 77.065
vs TSE:1938: 46.79
Nippon Rietec Co's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (41.16).
It may suggest that Nippon Rietec Codelayed paying its suppliers.
The historical data trend for Nippon Rietec 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.
TSE:1938 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Nippon Rietec 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 Rietec Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Nippon Rietec Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nippon Rietec Co's Days Payable falls into.
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 Rietec Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Rietec Co (TSE:1938) has a Days Payable of 41.16 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 Rietec Co and its competitors. This is 33% below median its historical median of 61.01. Over the past decade, Nippon Rietec Co's Days Payable has ranged from 46.79 to 87.16. According to the industry distribution chart, Nippon Rietec Co ranks #1253 out of 1718 companies in the Construction industry, placing it in the top 72.9%.
Is Nippon Rietec Co's Days Payable too high?
Nippon Rietec Co's current Days Payable of 41.16 is 33% below median its 10-year median of 61.01. Over the past 10 years, this metric has ranged from a low of 46.79 to a high of 87.16. The Construction industry median Days Payable is 77.07. Nippon Rietec Co's value of 41.16 is 46.6% below this industry median. Based on the distribution chart, Nippon Rietec Co ranks #1253 out of 1718 companies in the Construction industry, which is below the industry midpoint. Overall, Nippon Rietec Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Rietec Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Nippon Rietec Co ranks #1253 out of 1718 companies for Days Payable. This places Nippon Rietec Co in the lower half of its industry. The industry median Days Payable is 77.07. Nippon Rietec Co's value of 41.16 is 46.6% below this benchmark. Historically, Nippon Rietec Co's own Days Payable has ranged from 46.79 to 87.16 over the past decade. While the company's 10-year median is 61.01 vs. the industry median of 77.07, Nippon Rietec 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 77.07, based on 1,718 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 Rietec Co's current Days Payable of 41.16 is 46.6% 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 Rietec Co and its competitors. For the Construction industry, the median Days Payable is 77.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Rietec Co's current Days Payable is 41.16, which is 33% below median its own 10-year median of 61.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Rietec Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Rietec Co (TSE:1938) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,873.12, compared to a current price of 円2,470.00 — trading 31.9% above its estimated fair value. The current Days Payable is 41.16, which is 33% below median its 10-year median of 61.01 and 46.6% below the Construction industry median of 77.07. Nippon Rietec Co's overall GF Score™ is 73/100 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 Nippon Rietec Co (TSE:1938), the current Days Payable is 41.16 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 Rietec Co (TSE:1938) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Rietec Co stock appears to be overvalued.
The current stock price of 円2,470.00 is trading 31.9% above its estimated GF Value™ of 円1,873.12.
GuruFocus considers Nippon Rietec Co to be Significantly Overvalued.
Key valuation signals for TSE:1938:
Days Payable: 41.16 (33% below median its 10-year median of 61.01)
GF Value™: 円1,873.12 vs. price of 円2,470.00 (31.9% above fair value)
Industry Position: 46.6% below the Construction median (#1253 of 1718)
No single metric tells the full story. See the TSE:1938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Rietec Co Ltd manufactures and sales electrical equipment for various divisions. The company operates in four business divisions including Railway electrical equipment construction, Road equipment, Indoor and outdoor electrical equipment construction and Transmission line construction. Its product offering includes signal equipment, train line equipment, power generation equipment, electric power equipment, distribution line equipment, telecommunication equipment, road information control system, road signs, sound insulation walls, road lighting equipment, aircraft lighting equipment, disaster prevention equipment construction, sanitation equipment construction, machinery equipment facility construction, civil engineering work, and waterproofing construction.
73GF Score
Get the complete analysis for TSE:1938
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