Nihon Shokuhin Kako Co (TSE:2892) Days Payable: 11.68 (As of Mar. 2026) — 13% Below Median


TSE:2892 Nihon Shokuhin Kako Co Ltd TSE:2892
65 GF Score
Price 円4,210.00
GF Value 円3,497.75
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Nihon Shokuhin Kako Co Days Payable?

Nihon Shokuhin Kako Co TSE:2892 +0.48% 65 Days Payable is 11.68 as of Mar. 2026, which is 13% below its 10-year median of 13.49. GuruFocus rates TSE:2892 with a GF Score™ of 65/100 and a GF Value™ of 円3,497.75 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,879 Consumer Packaged Goods companies, Nihon Shokuhin Kako Co ranks worse than 94.89% on this metric.

Nihon Shokuhin Kako Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,612 Mil. Nihon Shokuhin Kako Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円25,189 Mil. Hence, Nihon Shokuhin Kako Co's Days Payable for the six months ended in Mar. 2026 was 11.68.

The historical rank and industry rank for Nihon Shokuhin Kako Co's Days Payable or its related term are showing as below:

TSE:2892' s Days Payable Range Over the Past 10 Years
Min: 10.05   Med: 13.49   Max: 26.06
Current: 10.05

During the past 13 years, Nihon Shokuhin Kako Co's highest Days Payable was 26.06. The lowest was 10.05. And the median was 13.49.

TSE:2892's Days Payable is ranked worse than
94.89% of 1879 companies
in the Consumer Packaged Goods industry
Industry Median: 43.96 vs TSE:2892: 10.05

Nihon Shokuhin Kako Co's Days Payable increased from Mar. 2025 (10.80) to Mar. 2026 (11.68). It may suggest that Nihon Shokuhin Kako Co delayed paying its suppliers.


Nihon Shokuhin Kako Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nihon Shokuhin Kako 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.

Nihon Shokuhin Kako Co Days Payable Chart

Nihon Shokuhin Kako 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 11.85 11.91 16.28 14.96 11.54

Nihon Shokuhin Kako Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 16.37 17.06 10.80 7.13 11.68

TSE:2892 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Nihon Shokuhin Kako 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.


Nihon Shokuhin Kako Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nihon Shokuhin Kako Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nihon Shokuhin Kako Co's Days Payable falls into.


TSE:2892
65GF Score
Nihon Shokuhin Kako Co Ltd TSE:2892
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Shokuhin Kako 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.

Nihon Shokuhin Kako 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
=( (1131 + 2202) / 2 ) / 52731*365
=1666.5 / 52731*365
=11.54

Nihon Shokuhin Kako 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1022 + 2202) / 2 ) / 25189*365 / 2
=1612 / 25189*365 / 2
=11.68

* 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 11.68 mean?
Nihon Shokuhin Kako Co (TSE:2892) has a Days Payable of 11.68 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 Nihon Shokuhin Kako Co and its competitors. This is 13% below median its historical median of 13.49. Over the past decade, Nihon Shokuhin Kako Co's Days Payable has ranged from 10.05 to 26.06. According to the industry distribution chart, Nihon Shokuhin Kako Co ranks #1783 out of 1879 companies in the Consumer Packaged Goods industry, placing it in the top 94.9%.
Is Nihon Shokuhin Kako Co's Days Payable too high?
Nihon Shokuhin Kako Co's current Days Payable of 11.68 is 13% below median its 10-year median of 13.49. Over the past 10 years, this metric has ranged from a low of 10.05 to a high of 26.06. The Consumer Packaged Goods industry median Days Payable is 43.96. Nihon Shokuhin Kako Co's value of 11.68 is 73.4% below this industry median. Based on the distribution chart, Nihon Shokuhin Kako Co ranks #1783 out of 1879 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nihon Shokuhin Kako Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Shokuhin Kako Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nihon Shokuhin Kako Co ranks #1783 out of 1879 companies for Days Payable. This places Nihon Shokuhin Kako Co in the lower half of its industry. The industry median Days Payable is 43.96. Nihon Shokuhin Kako Co's value of 11.68 is 73.4% below this benchmark. Historically, Nihon Shokuhin Kako Co's own Days Payable has ranged from 10.05 to 26.06 over the past decade. While the company's 10-year median is 13.49 vs. the industry median of 43.96, Nihon Shokuhin Kako 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 43.96, based on 1,879 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. Nihon Shokuhin Kako Co's current Days Payable of 11.68 is 73.4% 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 Nihon Shokuhin Kako Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Shokuhin Kako Co's current Days Payable is 11.68, which is 13% below median its own 10-year median of 13.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Shokuhin Kako Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Shokuhin Kako Co (TSE:2892) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,497.75, compared to a current price of 円4,210.00 — trading 20.4% above its estimated fair value. The current Days Payable is 11.68, which is 13% below median its 10-year median of 13.49 and 73.4% below the Consumer Packaged Goods industry median of 43.96. Nihon Shokuhin Kako Co's overall GF Score™ is 65/100 with 9 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 Nihon Shokuhin Kako Co (TSE:2892), the current Days Payable is 11.68 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 Nihon Shokuhin Kako Co (TSE:2892) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Shokuhin Kako Co stock appears to be overvalued. The current stock price of 円4,210.00 is trading 20.4% above its estimated GF Value™ of 円3,497.75. GuruFocus considers Nihon Shokuhin Kako Co to be Modestly Overvalued.

Key valuation signals for TSE:2892:

  • Days Payable: 11.68 (13% below median its 10-year median of 13.49)
  • GF Value™: 円3,497.75 vs. price of 円4,210.00 (20.4% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 73.4% below the Consumer Packaged Goods median (#1783 of 1879)

No single metric tells the full story. See the TSE:2892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Shokuhin Kako Co Business Description

Address 1-6-5 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Nihon Shokuhin Kako Co Ltd is engaged in the manufacture and sale of starch, sugar products, fine chemicals, and by-products made from corn. Its product portfolio includes Eclipse cornstarch, Eclipse waxy starch, oxidized starch, Eclipse corn steep liquor, Eclipse corn salad oil, Eclipse gluten meal, etc.
65GF Score

Get the complete analysis for TSE:2892

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

円4,210.00
Price
円3,497.75
GF Value