Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nippon Felt CoTSE:3512 +2.44%42 Days Payable is 29.70 as of Mar. 2026, which is 5% below its 10-year median of 31.34. GuruFocus rates TSE:3512 with a GF Score™ of 42/100 and a GF Value™ of 円461.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 509 Conglomerates companies, Nippon Felt Co ranks worse than 80.55% on this metric.
The historical rank and industry rank for Nippon Felt Co's Days Payable or its related term are showing as below:
TSE:3512'
s Days Payable Range Over the Past 10 Years
Min: 29.91 Med: 31.34 Max: 34.58
Current: 30.59
During the past 13 years, Nippon Felt Co's highest Days Payable was 34.58. The lowest was 29.91. And the median was 31.34.
TSE:3512's Days Payable is ranked worse than 80.55% of 509
companies
in the Conglomerates industry
Industry Median: 56.18
vs TSE:3512: 30.59
Nippon Felt Co's Days Payable
declined
from Mar. 2025 (30.08) to Mar. 2026 (29.70).
It may suggest that Nippon Felt Coaccelerated paying its suppliers.
Nippon Felt Co Days Payable Related Terms
Nippon Felt Co Days Payable Historical Data
* Premium members only.
The historical data trend for Nippon Felt 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.
For the Conglomerates subindustry, Nippon Felt 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 Felt Co Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nippon Felt Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nippon Felt Co'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.
Nippon Felt Co'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.
Nippon Felt Co (TSE:3512) has a Days Payable of 29.70 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 Felt Co and its competitors. This is near median its historical median of 31.34. Over the past decade, Nippon Felt Co's Days Payable has ranged from 29.91 to 34.58. According to the industry distribution chart, Nippon Felt Co ranks #410 out of 509 companies in the Conglomerates industry, placing it in the top 80.6%.
Is Nippon Felt Co's Days Payable too high?
Nippon Felt Co's current Days Payable of 29.70 is near median its 10-year median of 31.34. Over the past 10 years, this metric has ranged from a low of 29.91 to a high of 34.58. The Conglomerates industry median Days Payable is 56.18. Nippon Felt Co's value of 29.70 is 47.1% below this industry median. Based on the distribution chart, Nippon Felt Co ranks #410 out of 509 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Nippon Felt Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Felt Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nippon Felt Co ranks #410 out of 509 companies for Days Payable. This places Nippon Felt Co in the lower half of its industry. The industry median Days Payable is 56.18. Nippon Felt Co's value of 29.70 is 47.1% below this benchmark. Historically, Nippon Felt Co's own Days Payable has ranged from 29.91 to 34.58 over the past decade. While the company's 10-year median is 31.34 vs. the industry median of 56.18, Nippon Felt 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 56.18, based on 509 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 Felt Co's current Days Payable of 29.70 is 47.1% 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 Nippon Felt Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Felt Co's current Days Payable is 29.70, which is near median its own 10-year median of 31.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Felt Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Felt Co (TSE:3512) is currently considered Significantly Overvalued. The stock's GF Value™ is 円461.62, compared to a current price of 円1,006.00 — trading 117.9% above its estimated fair value. The current Days Payable is 29.70, which is near median its 10-year median of 31.34 and 47.1% below the Conglomerates industry median of 56.18. Nippon Felt Co's overall GF Score™ is 42/100 with 6 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 Felt Co (TSE:3512), the current Days Payable is 29.70 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 Felt Co (TSE:3512) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Felt Co stock appears to be overvalued.
The current stock price of 円1,006.00 is trading 117.9% above its estimated GF Value™ of 円461.62.
GuruFocus considers Nippon Felt Co to be Significantly Overvalued.
Key valuation signals for TSE:3512:
Days Payable: 29.70 (near median its 10-year median of 31.34)
GF Value™: 円461.62 vs. price of 円1,006.00 (117.9% above fair value)
Industry Position: 47.1% below the Conglomerates median (#410 of 509)
No single metric tells the full story. See the TSE:3512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Felt Co Ltd is a Japan-based company engages in producing, finishing, and selling felts for making paper, pulp, slate, and other industrial applications. It also involved in producing and selling various types of textile products and other industrial chemicals.
42GF Score
Get the complete analysis for TSE:3512
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3512 has been successfully added to your 
