* 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.
TSE:3231 vs CBRE, BEKE, JLL: Days Payable Comparison
For the Real Estate Services subindustry, Nomura Real Estate Holdings'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.
Nomura Real Estate Holdings Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Nomura Real Estate Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Nomura Real Estate Holdings's Days Payable falls into.
Nomura Real Estate Holdings 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.
Nomura Real Estate Holdings (TSE:3231) has a Days Payable of 27.05 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 Nomura Real Estate Holdings and its competitors. This is 51% below median its historical median of 54.88. Over the past decade, Nomura Real Estate Holdings' Days Payable has ranged from 31.94 to 71.31. According to the industry distribution chart, Nomura Real Estate Holdings ranks #1157 out of 1569 companies in the Real Estate industry, placing it in the top 73.7%.
Is Nomura Real Estate Holdings' Days Payable too high?
Nomura Real Estate Holdings' current Days Payable of 27.05 is 51% below median its 10-year median of 54.88. Over the past 10 years, this metric has ranged from a low of 31.94 to a high of 71.31. The Real Estate industry median Days Payable is 94.38. Nomura Real Estate Holdings' value of 27.05 is 71.3% below this industry median. Based on the distribution chart, Nomura Real Estate Holdings ranks #1157 out of 1569 companies in the Real Estate industry, which is below the industry midpoint. Overall, Nomura Real Estate Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Holdings' Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nomura Real Estate Holdings ranks #1157 out of 1569 companies for Days Payable. This places Nomura Real Estate Holdings in the lower half of its industry. The industry median Days Payable is 94.38. Nomura Real Estate Holdings' value of 27.05 is 71.3% below this benchmark. Historically, Nomura Real Estate Holdings' own Days Payable has ranged from 31.94 to 71.31 over the past decade. While the company's 10-year median is 54.88 vs. the industry median of 94.38, Nomura Real Estate Holdings 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,569 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. Nomura Real Estate Holdings's current Days Payable of 27.05 is 71.3% 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 Nomura Real Estate Holdings and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Holdings's current Days Payable is 27.05, which is 51% below median its own 10-year median of 54.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Real Estate Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nomura Real Estate Holdings (TSE:3231) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,091.15, compared to a current price of 円944.20 — trading 13.5% below its estimated fair value. The current Days Payable is 27.05, which is 51% below median its 10-year median of 54.88 and 71.3% below the Real Estate industry median of 94.38. Nomura Real Estate Holdings' overall GF Score™ is 79/100 with 3 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 Nomura Real Estate Holdings (TSE:3231), the current Days Payable is 27.05 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 Nomura Real Estate Holdings (TSE:3231) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Real Estate Holdings stock appears to be undervalued.
The current stock price of 円944.20 is trading 13.5% below its estimated GF Value™ of 円1,091.15.
GuruFocus considers Nomura Real Estate Holdings to be Modestly Undervalued.
Key valuation signals for TSE:3231:
Days Payable: 27.05 (51% below median its 10-year median of 54.88)
GF Value™: 円1,091.15 vs. price of 円944.20 (13.5% below fair value)
Industry Position: 71.3% below the Real Estate median (#1157 of 1569)
No single metric tells the full story. See the TSE:3231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Real Estate Holdings Inc comprises Nomura Real Estate Development and other group companies. It operates in residential development, leasing, investment management, property brokerage, commercial real estate, property management, and other areas. Residential development is the leading business and provides a diverse group of services. Condominiums and detached housing are among the various property types offered. The group launches numerous properties under its branded names, like Proud and Ohana, in various parts of the Tokyo metropolitan area. In addition to commercial property development, the group provides corporate real estate brokerage and architectural design.
79GF Score
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