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NittoBestTSE:2877 +0.14%55 Days Payable is 51.19 as of Mar. 2026, which is 34% above its 10-year median of 38.06. GuruFocus rates TSE:2877 with a GF Score™ of 55/100 and a GF Value™ of 円868.02 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, NittoBest ranks better than 54.49% on this metric.
NittoBest's average Accounts Payable for the
three
months ended in Mar. 2026 was 円6,380 Mil. NittoBest's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円11,372 Mil.
Hence, NittoBest's Days Payable for the
three
months ended in Mar. 2026 was 51.19.
The historical rank and industry rank for NittoBest's Days Payable or its related term are showing as below:
TSE:2877'
s Days Payable Range Over the Past 10 Years
Min: 29.88 Med: 38.06 Max: 48.36
Current: 48.36
During the past 13 years, NittoBest's highest Days Payable was 48.36. The lowest was 29.88. And the median was 38.06.
TSE:2877's Days Payable is ranked better than 54.49% of 1894
companies
in the Consumer Packaged Goods industry
Industry Median: 44.145
vs TSE:2877: 48.36
NittoBest's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (51.19).
It may suggest that NittoBestdelayed paying its suppliers.
The historical data trend for NittoBest'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.
For the Packaged Foods subindustry, NittoBest'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.
NittoBest Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, NittoBest's Days Payable distribution charts can be found below:
* The bar in red indicates where NittoBest'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.
NittoBest'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.
NittoBest (TSE:2877) has a Days Payable of 51.19 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 NittoBest and its competitors. This is 34% above median its historical median of 38.06. Over the past decade, NittoBest's Days Payable has ranged from 29.88 to 48.36. According to the industry distribution chart, NittoBest ranks #862 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 45.5%.
Is NittoBest's Days Payable too high?
NittoBest's current Days Payable of 51.19 is 34% above median its 10-year median of 38.06. Over the past 10 years, this metric has ranged from a low of 29.88 to a high of 48.36. The Consumer Packaged Goods industry median Days Payable is 44.15. NittoBest's value of 51.19 is 16% above this industry median. Based on the distribution chart, NittoBest ranks #862 out of 1894 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, NittoBest has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NittoBest's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, NittoBest ranks #862 out of 1894 companies for Days Payable. This puts NittoBest in the upper half of its industry. The industry median Days Payable is 44.15. NittoBest's value of 51.19 is 16% above this benchmark. Historically, NittoBest's own Days Payable has ranged from 29.88 to 48.36 over the past decade. While the company's 10-year median is 38.06 vs. the industry median of 44.15, NittoBest has consistently been above 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 1,894 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. NittoBest's current Days Payable of 51.19 is 16% above 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 NittoBest 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. NittoBest's current Days Payable is 51.19, which is 34% above median its own 10-year median of 38.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NittoBest stock overvalued right now?
Based on GuruFocus' analysis, NittoBest (TSE:2877) is currently considered Modestly Undervalued. The stock's GF Value™ is 円868.02, compared to a current price of 円741.00 — trading 14.6% below its estimated fair value. The current Days Payable is 51.19, which is 34% above median its 10-year median of 38.06 and 16% above the Consumer Packaged Goods industry median of 44.15. NittoBest's overall GF Score™ is 55/100 with 4 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 NittoBest (TSE:2877), the current Days Payable is 51.19 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 NittoBest (TSE:2877) Overvalued in 2026?
Based on GuruFocus' analysis, NittoBest stock appears to be undervalued.
The current stock price of 円741.00 is trading 14.6% below its estimated GF Value™ of 円868.02.
GuruFocus considers NittoBest to be Modestly Undervalued.
Key valuation signals for TSE:2877:
Days Payable: 51.19 (34% above median its 10-year median of 38.06)
GF Value™: 円868.02 vs. price of 円741.00 (14.6% below fair value)
Industry Position: 16% above the Consumer Packaged Goods median (#862 of 1894)
No single metric tells the full story. See the TSE:2877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NittoBest Corp is engaged in the manufacture and sale of frozen foods, daily necessities, canned foods, bagged foods, chilled foods, retort foods and others.
55GF Score
Get the complete analysis for TSE:2877
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