* 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.
For the Conglomerates subindustry, Nippon Parking Development 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 Parking Development Co Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nippon Parking Development Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nippon Parking Development Co's Days Payable falls into.
Nippon Parking Development 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.
* 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 Parking Development Co (TSE:2353) has a Days Payable of 4.79 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nippon Parking Development Co and its competitors. This is 42% below median its historical median of 8.21. Over the past decade, Nippon Parking Development Co's Days Payable has ranged from 5.75 to 8.98. According to the industry distribution chart, Nippon Parking Development Co ranks #496 out of 508 companies in the Conglomerates industry, placing it in the top 97.6%.
Is Nippon Parking Development Co's Days Payable too high?
Nippon Parking Development Co's current Days Payable of 4.79 is 42% below median its 10-year median of 8.21. Over the past 10 years, this metric has ranged from a low of 5.75 to a high of 8.98. The Conglomerates industry median Days Payable is 55.86. Nippon Parking Development Co's value of 4.79 is 91.4% below this industry median. Based on the distribution chart, Nippon Parking Development Co ranks #496 out of 508 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Nippon Parking Development Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Parking Development Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nippon Parking Development Co ranks #496 out of 508 companies for Days Payable. This places Nippon Parking Development Co in the lower half of its industry. The industry median Days Payable is 55.86. Nippon Parking Development Co's value of 4.79 is 91.4% below this benchmark. Historically, Nippon Parking Development Co's own Days Payable has ranged from 5.75 to 8.98 over the past decade. While the company's 10-year median is 8.21 vs. the industry median of 55.86, Nippon Parking Development 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.86, based on 508 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 Parking Development Co's current Days Payable of 4.79 is 91.4% 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 Parking Development Co and its competitors. For the Conglomerates industry, the median Days Payable is 55.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Parking Development Co's current Days Payable is 4.79, which is 42% below median its own 10-year median of 8.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Parking Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Parking Development Co (TSE:2353) is currently considered Fairly Valued. The stock's GF Value™ is 円276.02, compared to a current price of 円257.00 — trading 6.9% below its estimated fair value. The current Days Payable is 4.79, which is 42% below median its 10-year median of 8.21 and 91.4% below the Conglomerates industry median of 55.86. Nippon Parking Development Co's overall GF Score™ is 91/100 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 Parking Development Co (TSE:2353), the current Days Payable is 4.79 as of Jan. 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 Parking Development Co (TSE:2353) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Parking Development Co stock appears to be undervalued.
The current stock price of 円257.00 is trading 6.9% below its estimated GF Value™ of 円276.02.
GuruFocus considers Nippon Parking Development Co to be Fairly Valued.
Key valuation signals for TSE:2353:
Days Payable: 4.79 (42% below median its 10-year median of 8.21)
GF Value™: 円276.02 vs. price of 円257.00 (6.9% below fair value)
Industry Position: 91.4% below the Conglomerates median (#496 of 508)
No single metric tells the full story. See the TSE:2353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Parking Development Co Business Description
Nippon Parking Development Co Ltd provides car parking solutions and services. The company's reporting segments consist of: i) Parking Business: operating and managing parking lots, ii) Ski Resort Business: operates and acquires ski resorts, and iii) Theme Park Business: involves the operation and acquisition of theme parks. The majority of revenue is derived from the Parking business segment.
91GF Score
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