Nippon Densetsu Kogyo Co (TSE:1950) Days Payable: 37.36 (As of Mar. 2026) — 52% Below Median


TSE:1950 Nippon Densetsu Kogyo Co Ltd TSE:1950
80 GF Score
Price 円4,210.00
GF Value 円2,729.57
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Nippon Densetsu Kogyo Co Days Payable?

Nippon Densetsu Kogyo Co TSE:1950 -3.44% 80 Days Payable is 37.36 as of Mar. 2026, which is 52% below its 10-year median of 78.21. GuruFocus rates TSE:1950 with a GF Score™ of 80/100 and a GF Value™ of 円2,729.57 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,711 Construction companies, Nippon Densetsu Kogyo Co ranks worse than 69.43% on this metric.

Nippon Densetsu Kogyo Co's average Accounts Payable for the three months ended in Mar. 2026 was 円30,510 Mil. Nippon Densetsu Kogyo Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円74,518 Mil. Hence, Nippon Densetsu Kogyo Co's Days Payable for the three months ended in Mar. 2026 was 37.36.

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

TSE:1950' s Days Payable Range Over the Past 10 Years
Min: 51.4   Med: 78.21   Max: 99.04
Current: 51.4

During the past 13 years, Nippon Densetsu Kogyo Co's highest Days Payable was 99.04. The lowest was 51.40. And the median was 78.21.

TSE:1950's Days Payable is ranked worse than
69.43% of 1711 companies
in the Construction industry
Industry Median: 76.6 vs TSE:1950: 51.40

Nippon Densetsu Kogyo Co's Days Payable increased from Mar. 2025 (35.58) to Mar. 2026 (37.36). It may suggest that Nippon Densetsu Kogyo Co delayed paying its suppliers.


Nippon Densetsu Kogyo Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Densetsu Kogyo 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 Densetsu Kogyo Co Days Payable Chart

Nippon Densetsu Kogyo 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 78.21 75.75 71.93 70.48 70.87

Nippon Densetsu Kogyo Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 35.58 87.27 40.36 42.66 37.36

Nippon Densetsu Kogyo Co Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, Nippon Densetsu Kogyo 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 Densetsu Kogyo Co Days Payable vs Construction Industry

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

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


TSE:1950
80GF Score
Nippon Densetsu Kogyo Co Ltd TSE:1950
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Densetsu Kogyo 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 Densetsu Kogyo 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
=( (35564 + 37548) / 2 ) / 188284*365
=36556 / 188284*365
=70.87

Nippon Densetsu Kogyo 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
=( (23471 + 37548) / 2 ) / 74518*365 / 4
=30509.5 / 74518*365 / 4
=37.36

* 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 37.36 mean?
Nippon Densetsu Kogyo Co (TSE:1950) has a Days Payable of 37.36 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 Densetsu Kogyo Co and its competitors. This is 52% below median its historical median of 78.21. Over the past decade, Nippon Densetsu Kogyo Co's Days Payable has ranged from 51.40 to 99.04. According to the industry distribution chart, Nippon Densetsu Kogyo Co ranks #1188 out of 1711 companies in the Construction industry, placing it in the top 69.4%.
Is Nippon Densetsu Kogyo Co's Days Payable too high?
Nippon Densetsu Kogyo Co's current Days Payable of 37.36 is 52% below median its 10-year median of 78.21. Over the past 10 years, this metric has ranged from a low of 51.40 to a high of 99.04. The Construction industry median Days Payable is 76.60. Nippon Densetsu Kogyo Co's value of 37.36 is 51.2% below this industry median. Based on the distribution chart, Nippon Densetsu Kogyo Co ranks #1188 out of 1711 companies in the Construction industry, which is below the industry midpoint. Overall, Nippon Densetsu Kogyo Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Densetsu Kogyo Co's Days Payable compare to competitors?
According to the Construction industry distribution chart, Nippon Densetsu Kogyo Co ranks #1188 out of 1711 companies for Days Payable. This places Nippon Densetsu Kogyo Co in the lower half of its industry. The industry median Days Payable is 76.60. Nippon Densetsu Kogyo Co's value of 37.36 is 51.2% below this benchmark. Historically, Nippon Densetsu Kogyo Co's own Days Payable has ranged from 51.40 to 99.04 over the past decade. While the company's 10-year median is 78.21 vs. the industry median of 76.60, Nippon Densetsu Kogyo 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 76.60, based on 1,711 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 Densetsu Kogyo Co's current Days Payable of 37.36 is 51.2% 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 Densetsu Kogyo Co and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Densetsu Kogyo Co's current Days Payable is 37.36, which is 52% below median its own 10-year median of 78.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Densetsu Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Densetsu Kogyo Co (TSE:1950) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,729.57, compared to a current price of 円4,210.00 — trading 54.2% above its estimated fair value. The current Days Payable is 37.36, which is 52% below median its 10-year median of 78.21 and 51.2% below the Construction industry median of 76.60. Nippon Densetsu Kogyo Co's overall GF Score™ is 80/100 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 Densetsu Kogyo Co (TSE:1950), the current Days Payable is 37.36 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 Densetsu Kogyo Co (TSE:1950) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Densetsu Kogyo Co stock appears to be overvalued. The current stock price of 円4,210.00 is trading 54.2% above its estimated GF Value™ of 円2,729.57. GuruFocus considers Nippon Densetsu Kogyo Co to be Significantly Overvalued.

Key valuation signals for TSE:1950:

  • Days Payable: 37.36 (52% below median its 10-year median of 78.21)
  • GF Value™: 円2,729.57 vs. price of 円4,210.00 (54.2% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 51.2% below the Construction median (#1188 of 1711)

No single metric tells the full story. See the TSE:1950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Densetsu Kogyo Co Business Description

Address No. 23, No. 2-chome, Taito-ku, Tokyo Ikenohata Ikenohata second building NDK, Tokyo, JPN, 110-8706
Nippon Densetsu Kogyo Co Ltd is mainly engaged in equipment works. It is involved in railroad electrical works, such as electric train line, power generation and transformation, power transmission line, electric lamp and signal works; general electrical works, such as building electrical facility, air conditioning facility, water supply, and drainage, and sanitary equipment works, as well as information and telecommunication facility works.
80GF Score

Get the complete analysis for TSE:1950

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

円4,210.00
Price
円2,729.57
GF Value