Nippon Ichi Software (TSE:3851) Days Payable: 38.85 (As of Mar. 2026) — 29% Above Median

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TSE:3851 Nippon Ichi Software Inc TSE:3851
60 GF Score
Price 円896.00
GF Value 円662.08
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nippon Ichi Software Days Payable?

Nippon Ichi Software TSE:3851 +0.67% 60 Days Payable is 38.85 as of Mar. 2026, which is 29% above its 10-year median of 30.05. GuruFocus rates TSE:3851 with a GF Score™ of 60/100 and a GF Value™ of 円662.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 429 Interactive Media companies, Nippon Ichi Software ranks worse than 54.31% on this metric.

Nippon Ichi Software's average Accounts Payable for the six months ended in Mar. 2026 was 円311 Mil. Nippon Ichi Software's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,461 Mil. Hence, Nippon Ichi Software's Days Payable for the six months ended in Mar. 2026 was 38.85.

The historical rank and industry rank for Nippon Ichi Software's Days Payable or its related term are showing as below:

TSE:3851' s Days Payable Range Over the Past 10 Years
Min: 14.82   Med: 30.05   Max: 62.04
Current: 56.82

During the past 13 years, Nippon Ichi Software's highest Days Payable was 62.04. The lowest was 14.82. And the median was 30.05.

TSE:3851's Days Payable is ranked worse than
54.31% of 429 companies
in the Interactive Media industry
Industry Median: 65.5 vs TSE:3851: 56.82

Nippon Ichi Software's Days Payable increased from Mar. 2025 (29.63) to Mar. 2026 (38.85). It may suggest that Nippon Ichi Software delayed paying its suppliers.


Nippon Ichi Software Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Ichi Software'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 Ichi Software Days Payable Chart

Nippon Ichi Software 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 36.10 42.32 30.40 29.70 62.04

Nippon Ichi Software 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 48.40 29.26 29.63 91.15 38.85

TSE:3851 vs NTES, EA, TTWO: Days Payable Comparison

For the Electronic Gaming & Multimedia subindustry, Nippon Ichi Software'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 Ichi Software Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nippon Ichi Software's Days Payable distribution charts can be found below:

* The bar in red indicates where Nippon Ichi Software's Days Payable falls into.


TSE:3851
60GF Score
Nippon Ichi Software Inc TSE:3851
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Ichi Software 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 Ichi Software'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
=( (343.813 + 359.072) / 2 ) / 2067.657*365
=351.4425 / 2067.657*365
=62.04

Nippon Ichi Software'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
=( (262.687 + 359.072) / 2 ) / 1460.502*365 / 2
=310.8795 / 1460.502*365 / 2
=38.85

* 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 38.85 mean?
Nippon Ichi Software (TSE:3851) has a Days Payable of 38.85 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 Ichi Software and its competitors. This is 29% above median its historical median of 30.05. Over the past decade, Nippon Ichi Software's Days Payable has ranged from 14.82 to 62.04. According to the industry distribution chart, Nippon Ichi Software ranks #233 out of 429 companies in the Interactive Media industry, placing it in the top 54.3%.
Is Nippon Ichi Software's Days Payable too high?
Nippon Ichi Software's current Days Payable of 38.85 is 29% above median its 10-year median of 30.05. Over the past 10 years, this metric has ranged from a low of 14.82 to a high of 62.04. The Interactive Media industry median Days Payable is 65.50. Nippon Ichi Software's value of 38.85 is 40.7% below this industry median. Based on the distribution chart, Nippon Ichi Software ranks #233 out of 429 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Nippon Ichi Software has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ichi Software's Days Payable compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nippon Ichi Software ranks #233 out of 429 companies for Days Payable. This places Nippon Ichi Software in the lower half of its industry. The industry median Days Payable is 65.50. Nippon Ichi Software's value of 38.85 is 40.7% below this benchmark. Historically, Nippon Ichi Software's own Days Payable has ranged from 14.82 to 62.04 over the past decade. While the company's 10-year median is 30.05 vs. the industry median of 65.50, Nippon Ichi Software 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.50, based on 429 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 Ichi Software's current Days Payable of 38.85 is 40.7% 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 Ichi Software and its competitors. For the Interactive Media industry, the median Days Payable is 65.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ichi Software's current Days Payable is 38.85, which is 29% above median its own 10-year median of 30.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ichi Software stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ichi Software (TSE:3851) is currently considered Significantly Overvalued. The stock's GF Value™ is 円662.08, compared to a current price of 円896.00 — trading 35.3% above its estimated fair value. The current Days Payable is 38.85, which is 29% above median its 10-year median of 30.05 and 40.7% below the Interactive Media industry median of 65.50. Nippon Ichi Software's overall GF Score™ is 60/100 with 7 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 Ichi Software (TSE:3851), the current Days Payable is 38.85 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 Ichi Software (TSE:3851) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Ichi Software stock appears to be overvalued. The current stock price of 円896.00 is trading 35.3% above its estimated GF Value™ of 円662.08. GuruFocus considers Nippon Ichi Software to be Significantly Overvalued.

Key valuation signals for TSE:3851:

  • Days Payable: 38.85 (29% above median its 10-year median of 30.05)
  • GF Value™: 円662.08 vs. price of 円896.00 (35.3% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 40.7% below the Interactive Media median (#233 of 429)

No single metric tells the full story. See the TSE:3851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Ichi Software Business Description

Address 3-17 Tsukiokacho, Sohara, Gifu Prefecture, Kakamigahara, JPN
Nippon Ichi Software Inc is engaged in developing, manufacturing, and selling computer software in Japan and other Asian countries, North America, and Europe. It develops software for consumer game machines, mobile game machines, mobile phones, smartphones, arcades, and produces content of various genres. Its segments include Entertainment Business and Student Dormitories & Other Businesses.
60GF Score

Get the complete analysis for TSE:3851

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

円896.00
Price
円662.08
GF Value