Nippon Beet Sugar Manufacturing Co (TSE:2108) Days Payable: 19.99 (As of Mar. 2026) — 93% Above Median

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TSE:2108 Nippon Beet Sugar Manufacturing Co Ltd TSE:2108
52 GF Score
Price 円4,960.00
GF Value 円2,620.49
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nippon Beet Sugar Manufacturing Co Days Payable?

Nippon Beet Sugar Manufacturing Co TSE:2108 +0.71% 52 Days Payable is 19.99 as of Mar. 2026, which is 93% above its 10-year median of 10.37. GuruFocus rates TSE:2108 with a GF Score™ of 52/100 and a GF Value™ of 円2,620.49 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,891 Consumer Packaged Goods companies, Nippon Beet Sugar Manufacturing Co ranks worse than 91.7% on this metric.

Nippon Beet Sugar Manufacturing Co's average Accounts Payable for the three months ended in Mar. 2026 was 円2,813 Mil. Nippon Beet Sugar Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円12,841 Mil. Hence, Nippon Beet Sugar Manufacturing Co's Days Payable for the three months ended in Mar. 2026 was 19.99.

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

TSE:2108' s Days Payable Range Over the Past 10 Years
Min: 8.53   Med: 10.37   Max: 14
Current: 14

During the past 13 years, Nippon Beet Sugar Manufacturing Co's highest Days Payable was 14.00. The lowest was 8.53. And the median was 10.37.

TSE:2108's Days Payable is ranked worse than
91.7% of 1891 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs TSE:2108: 14.00

Nippon Beet Sugar Manufacturing Co's Days Payable declined from Mar. 2025 (25.59) to Mar. 2026 (19.99). It may suggest that Nippon Beet Sugar Manufacturing Co accelerated paying its suppliers.


Nippon Beet Sugar Manufacturing Co Days Payable Related Terms


Nippon Beet Sugar Manufacturing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Beet Sugar Manufacturing 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 Beet Sugar Manufacturing Co Days Payable Chart

Nippon Beet Sugar Manufacturing 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 12.09 10.72 8.53 9.72 8.90

Nippon Beet Sugar Manufacturing 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 25.59 12.02 12.89 16.17 19.99

TSE:2108 vs MDLZ, HSY, TR: Days Payable Comparison

For the Confectioners subindustry, Nippon Beet Sugar Manufacturing 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 Beet Sugar Manufacturing Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nippon Beet Sugar Manufacturing Co's Days Payable distribution charts can be found below:

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


TSE:2108
52GF Score
Nippon Beet Sugar Manufacturing Co Ltd TSE:2108
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Beet Sugar Manufacturing 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 Beet Sugar Manufacturing 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
=( (1333 + 1337) / 2 ) / 54759*365
=1335 / 54759*365
=8.90

Nippon Beet Sugar Manufacturing 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
=( (4289 + 1337) / 2 ) / 12841*365 / 4
=2813 / 12841*365 / 4
=19.99

* 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 19.99 mean?
Nippon Beet Sugar Manufacturing Co (TSE:2108) has a Days Payable of 19.99 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 Beet Sugar Manufacturing Co and its competitors. This is 93% above median its historical median of 10.37. Over the past decade, Nippon Beet Sugar Manufacturing Co's Days Payable has ranged from 8.53 to 14.00. According to the industry distribution chart, Nippon Beet Sugar Manufacturing Co ranks #1734 out of 1891 companies in the Consumer Packaged Goods industry, placing it in the top 91.7%.
Is Nippon Beet Sugar Manufacturing Co's Days Payable too high?
Nippon Beet Sugar Manufacturing Co's current Days Payable of 19.99 is 93% above median its 10-year median of 10.37. Over the past 10 years, this metric has ranged from a low of 8.53 to a high of 14.00. The Consumer Packaged Goods industry median Days Payable is 44.15. Nippon Beet Sugar Manufacturing Co's value of 19.99 is 54.7% below this industry median. Based on the distribution chart, Nippon Beet Sugar Manufacturing Co ranks #1734 out of 1891 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nippon Beet Sugar Manufacturing Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Beet Sugar Manufacturing Co's Days Payable compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Nippon Beet Sugar Manufacturing Co ranks #1734 out of 1891 companies for Days Payable. This places Nippon Beet Sugar Manufacturing Co in the lower half of its industry. The industry median Days Payable is 44.15. Nippon Beet Sugar Manufacturing Co's value of 19.99 is 54.7% below this benchmark. Historically, Nippon Beet Sugar Manufacturing Co's own Days Payable has ranged from 8.53 to 14.00 over the past decade. While the company's 10-year median is 10.37 vs. the industry median of 44.15, Nippon Beet Sugar Manufacturing 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,891 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 Beet Sugar Manufacturing Co's current Days Payable of 19.99 is 54.7% 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 Beet Sugar Manufacturing Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Beet Sugar Manufacturing Co's current Days Payable is 19.99, which is 93% above median its own 10-year median of 10.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Beet Sugar Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Beet Sugar Manufacturing Co (TSE:2108) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,620.49, compared to a current price of 円4,960.00 — trading 89.3% above its estimated fair value. The current Days Payable is 19.99, which is 93% above median its 10-year median of 10.37 and 54.7% below the Consumer Packaged Goods industry median of 44.15. Nippon Beet Sugar Manufacturing Co's overall GF Score™ is 52/100 with 8 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 Beet Sugar Manufacturing Co (TSE:2108), the current Days Payable is 19.99 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 Beet Sugar Manufacturing Co (TSE:2108) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Beet Sugar Manufacturing Co stock appears to be overvalued. The current stock price of 円4,960.00 is trading 89.3% above its estimated GF Value™ of 円2,620.49. GuruFocus considers Nippon Beet Sugar Manufacturing Co to be Significantly Overvalued.

Key valuation signals for TSE:2108:

  • Days Payable: 19.99 (93% above median its 10-year median of 10.37)
  • GF Value™: 円2,620.49 vs. price of 円4,960.00 (89.3% above fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 54.7% below the Consumer Packaged Goods median (#1734 of 1891)

No single metric tells the full story. See the TSE:2108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Beet Sugar Manufacturing Co Business Description

Address 3-12-14 Mita-cho, Minato-ku, Tokyo, JPN, 108-0073
Nippon Beet Sugar Manufacturing Co Ltd is a Japan-based company that operates in the food business. The primary activity of the group includes the manufacture and sale of functional foods such as beet sugar, refined sugar, feed, paper cylinders, yeast, seeds, oligosaccharides, and the like, sales of agricultural equipment, and real estate leasing business. Geographically, the activities of the group functioned throughout the region of Japan.
52GF Score

Get the complete analysis for TSE:2108

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

円4,960.00
Price
円2,620.49
GF Value