Nippon Coke & Engineering Co (TSE:3315) Days Payable: 66.44 (As of Mar. 2026) — Near Median


TSE:3315 Nippon Coke & Engineering Co Ltd TSE:3315
51 GF Score
Price 円93.00
GF Value 円74.17
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Nippon Coke & Engineering Co Days Payable?

Nippon Coke & Engineering Co TSE:3315 +3.33% 51 Days Payable is 66.44 as of Mar. 2026, which is 4% above its 10-year median of 64.01. GuruFocus rates TSE:3315 with a GF Score™ of 51/100 and a GF Value™ of 円74.17 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 598 Steel companies, Nippon Coke & Engineering Co ranks better than 63.71% on this metric.

Nippon Coke & Engineering Co's average Accounts Payable for the three months ended in Mar. 2026 was 円13,812 Mil. Nippon Coke & Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円18,970 Mil. Hence, Nippon Coke & Engineering Co's Days Payable for the three months ended in Mar. 2026 was 66.44.

The historical rank and industry rank for Nippon Coke & Engineering Co's Days Payable or its related term are showing as below:

TSE:3315' s Days Payable Range Over the Past 10 Years
Min: 37.22   Med: 64.01   Max: 71.12
Current: 57

During the past 13 years, Nippon Coke & Engineering Co's highest Days Payable was 71.12. The lowest was 37.22. And the median was 64.01.

TSE:3315's Days Payable is ranked better than
63.71% of 598 companies
in the Steel industry
Industry Median: 41.385 vs TSE:3315: 57.00

Nippon Coke & Engineering Co's Days Payable increased from Mar. 2025 (55.28) to Mar. 2026 (66.44). It may suggest that Nippon Coke & Engineering Co delayed paying its suppliers.


Nippon Coke & Engineering Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Coke & Engineering 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.

Nippon Coke & Engineering Co Days Payable Chart

Nippon Coke & Engineering 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 71.12 58.81 65.80 51.00 37.22

Nippon Coke & Engineering Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 55.28 45.67 62.03 76.96 66.44

TSE:3315 vs HCC, AMR: Days Payable Comparison

For the Coking Coal subindustry, Nippon Coke & Engineering 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 Coke & Engineering Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Coke & Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nippon Coke & Engineering Co's Days Payable falls into.


TSE:3315
51GF Score
Nippon Coke & Engineering Co Ltd TSE:3315
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Coke & Engineering 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.

Nippon Coke & Engineering 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
=( (7564 + 9604) / 2 ) / 84170*365
=8584 / 84170*365
=37.22

Nippon Coke & Engineering 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (18019 + 9604) / 2 ) / 18970*365 / 4
=13811.5 / 18970*365 / 4
=66.44

* 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 66.44 mean?
Nippon Coke & Engineering Co (TSE:3315) has a Days Payable of 66.44 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 Nippon Coke & Engineering Co and its competitors. This is near median its historical median of 64.01. Over the past decade, Nippon Coke & Engineering Co's Days Payable has ranged from 37.22 to 71.12. According to the industry distribution chart, Nippon Coke & Engineering Co ranks #217 out of 598 companies in the Steel industry, placing it in the top 36.3%.
Is Nippon Coke & Engineering Co's Days Payable too high?
Nippon Coke & Engineering Co's current Days Payable of 66.44 is near median its 10-year median of 64.01. Over the past 10 years, this metric has ranged from a low of 37.22 to a high of 71.12. The Steel industry median Days Payable is 41.39. Nippon Coke & Engineering Co's value of 66.44 is 60.5% above this industry median. Based on the distribution chart, Nippon Coke & Engineering Co ranks #217 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Nippon Coke & Engineering Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Coke & Engineering Co's Days Payable compare to HCC and AMR?
According to the Steel industry distribution chart, Nippon Coke & Engineering Co ranks #217 out of 598 companies for Days Payable. This puts Nippon Coke & Engineering Co in the upper half of its industry. The industry median Days Payable is 41.39. Nippon Coke & Engineering Co's value of 66.44 is 60.5% above this benchmark. Historically, Nippon Coke & Engineering Co's own Days Payable has ranged from 37.22 to 71.12 over the past decade. While the company's 10-year median is 64.01 vs. the industry median of 41.39, Nippon Coke & Engineering Co 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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 Coke & Engineering Co's current Days Payable of 66.44 is 60.5% 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 Nippon Coke & Engineering Co and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Coke & Engineering Co's current Days Payable is 66.44, which is near median its own 10-year median of 64.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Coke & Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Coke & Engineering Co (TSE:3315) is currently considered Modestly Overvalued. The stock's GF Value™ is 円74.17, compared to a current price of 円93.00 — trading 25.4% above its estimated fair value. The current Days Payable is 66.44, which is near median its 10-year median of 64.01 and 60.5% above the Steel industry median of 41.39. Nippon Coke & Engineering Co's overall GF Score™ is 51/100 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 Nippon Coke & Engineering Co (TSE:3315), the current Days Payable is 66.44 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 Nippon Coke & Engineering Co (TSE:3315) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Coke & Engineering Co stock appears to be overvalued. The current stock price of 円93.00 is trading 25.4% above its estimated GF Value™ of 円74.17. GuruFocus considers Nippon Coke & Engineering Co to be Modestly Overvalued.

Key valuation signals for TSE:3315:

  • Days Payable: 66.44 (near median its 10-year median of 64.01)
  • GF Value™: 円74.17 vs. price of 円93.00 (25.4% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 60.5% above the Steel median (#217 of 598)

No single metric tells the full story. See the TSE:3315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Coke & Engineering Co Business Description

Other Exchanges NJ2:Germany
Address 3-3-3 Toyosu, Koto-ku, Tokyo, JPN, 135-6007
Nippon Coke & Engineering Co Ltd is engaged in the business of production and supply of coal and coke. The company also focuses on the sale and production of powder and granule-related equipment and machinery. In addition, it is involved in resource recycling, and logistics businesses; and property rental activity. Business is functioned through Japan and it derives the majority of its revenue from the coal and coke segment.
51GF Score

Get the complete analysis for TSE:3315

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

円93.00
Price
円74.17
GF Value