The Nihon Seima Co (TSE:3306) Days Payable: 28.63 (As of Mar. 2026) — 38% Below Median


TSE:3306 The Nihon Seima Co Ltd TSE:3306
47 GF Score
Price 円675.00
GF Value 円330.93
Valuation Significantly Overvalued
! 5 Warning Signs
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What is The Nihon Seima Co Days Payable?

The Nihon Seima Co TSE:3306 +1.50% 47 Days Payable is 28.63 as of Mar. 2026, which is 38% below its 10-year median of 46.27. GuruFocus rates TSE:3306 with a GF Score™ of 47/100 and a GF Value™ of 円330.93 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 507 Conglomerates companies, The Nihon Seima Co ranks worse than 81.26% on this metric.

The Nihon Seima Co's average Accounts Payable for the six months ended in Mar. 2026 was 円143 Mil. The Nihon Seima Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円912 Mil. Hence, The Nihon Seima Co's Days Payable for the six months ended in Mar. 2026 was 28.63.

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

TSE:3306' s Days Payable Range Over the Past 10 Years
Min: 30.32   Med: 46.27   Max: 64.55
Current: 30.36

During the past 13 years, The Nihon Seima Co's highest Days Payable was 64.55. The lowest was 30.32. And the median was 46.27.

TSE:3306's Days Payable is ranked worse than
81.26% of 507 companies
in the Conglomerates industry
Industry Median: 56 vs TSE:3306: 30.36

The Nihon Seima Co's Days Payable declined from Mar. 2025 (1,845.07) to Mar. 2026 (28.63). It may suggest that The Nihon Seima Co accelerated paying its suppliers.


The Nihon Seima Co Days Payable Historical Data

* Premium members only.

The historical data trend for The Nihon Seima 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.

The Nihon Seima Co Days Payable Chart

The Nihon Seima 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 47.06 36.71 35.79 56.45 30.32

The Nihon Seima 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 46.87 38.61 1,845.07 32.14 28.63

TSE:3306 vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, The Nihon Seima 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.


The Nihon Seima Co Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, The Nihon Seima Co's Days Payable distribution charts can be found below:

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


TSE:3306
47GF Score
The Nihon Seima Co Ltd TSE:3306
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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The Nihon Seima 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.

The Nihon Seima 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
=( (168.393 + 134.108) / 2 ) / 1821.061*365
=151.2505 / 1821.061*365
=30.32

The Nihon Seima 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
=( (151.929 + 134.108) / 2 ) / 911.632*365 / 2
=143.0185 / 911.632*365 / 2
=28.63

* 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 28.63 mean?
The Nihon Seima Co (TSE:3306) has a Days Payable of 28.63 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 The Nihon Seima Co and its competitors. This is 38% below median its historical median of 46.27. Over the past decade, The Nihon Seima Co's Days Payable has ranged from 30.32 to 64.55. According to the industry distribution chart, The Nihon Seima Co ranks #412 out of 507 companies in the Conglomerates industry, placing it in the top 81.3%.
Is The Nihon Seima Co's Days Payable too high?
The Nihon Seima Co's current Days Payable of 28.63 is 38% below median its 10-year median of 46.27. Over the past 10 years, this metric has ranged from a low of 30.32 to a high of 64.55. The Conglomerates industry median Days Payable is 56.00. The Nihon Seima Co's value of 28.63 is 48.9% below this industry median. Based on the distribution chart, The Nihon Seima Co ranks #412 out of 507 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, The Nihon Seima Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Nihon Seima Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, The Nihon Seima Co ranks #412 out of 507 companies for Days Payable. This places The Nihon Seima Co in the lower half of its industry. The industry median Days Payable is 56.00. The Nihon Seima Co's value of 28.63 is 48.9% below this benchmark. Historically, The Nihon Seima Co's own Days Payable has ranged from 30.32 to 64.55 over the past decade. While the company's 10-year median is 46.27 vs. the industry median of 56.00, The Nihon Seima 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 56.00, based on 507 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. The Nihon Seima Co's current Days Payable of 28.63 is 48.9% 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 The Nihon Seima Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Nihon Seima Co's current Days Payable is 28.63, which is 38% below median its own 10-year median of 46.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Nihon Seima Co stock overvalued right now?
Based on GuruFocus' analysis, The Nihon Seima Co (TSE:3306) is currently considered Significantly Overvalued. The stock's GF Value™ is 円330.93, compared to a current price of 円675.00 — trading 104% above its estimated fair value. The current Days Payable is 28.63, which is 38% below median its 10-year median of 46.27 and 48.9% below the Conglomerates industry median of 56.00. The Nihon Seima Co's overall GF Score™ is 47/100 with 5 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 The Nihon Seima Co (TSE:3306), the current Days Payable is 28.63 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 The Nihon Seima Co (TSE:3306) Overvalued in 2026?

Based on GuruFocus' analysis, The Nihon Seima Co stock appears to be overvalued. The current stock price of 円675.00 is trading 104% above its estimated GF Value™ of 円330.93. GuruFocus considers The Nihon Seima Co to be Significantly Overvalued.

Key valuation signals for TSE:3306:

  • Days Payable: 28.63 (38% below median its 10-year median of 46.27)
  • GF Value™: 円330.93 vs. price of 円675.00 (104% above fair value)
  • GF Score™: 47/100 with 5 warning signs
  • Industry Position: 48.9% below the Conglomerates median (#412 of 507)

No single metric tells the full story. See the TSE:3306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Nihon Seima Co Business Description

Address Shinko Building, 8, Kaigandori, Chuo-ku, Kobe, JPN, 650-0024
The Nihon Seima Co Ltd is engaged in the manufacture and sale of industrial materials and food products in Japan. It operates through the following business divisions: The Industrial Materials division offers jute products, packaging materials, and others. The Mat division is involved in the manufacture and sale of automobile floor mats and others. The Food divisions is engaged in the production and processing of spaghetti, sauce, and others.
47GF Score

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

円675.00
Price
円330.93
GF Value