Nihon Kagakungyo Co (TSE:4094) Days Payable: 47.56 (As of Mar. 2026) — 16% Below Median


TSE:4094 Nihon Kagaku Sangyo Co Ltd TSE:4094
63 GF Score
Price 円2,089.00
GF Value 円1,857.32
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nihon Kagakungyo Co Days Payable?

Nihon Kagakungyo Co TSE:4094 -0.57% 63 Days Payable is 47.56 as of Mar. 2026, which is 16% below its 10-year median of 56.61. GuruFocus rates TSE:4094 with a GF Score™ of 63/100 and a GF Value™ of 円1,857.32 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,551 Chemicals companies, Nihon Kagakungyo Co ranks worse than 62.28% on this metric.

Nihon Kagakungyo Co's average Accounts Payable for the six months ended in Mar. 2026 was 円2,876 Mil. Nihon Kagakungyo Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円11,034 Mil. Hence, Nihon Kagakungyo Co's Days Payable for the six months ended in Mar. 2026 was 47.56.

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

TSE:4094' s Days Payable Range Over the Past 10 Years
Min: 48.95   Med: 56.61   Max: 60.41
Current: 48.95

During the past 13 years, Nihon Kagakungyo Co's highest Days Payable was 60.41. The lowest was 48.95. And the median was 56.61.

TSE:4094's Days Payable is ranked worse than
62.28% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs TSE:4094: 48.95

Nihon Kagakungyo Co's Days Payable declined from Mar. 2025 (49.10) to Mar. 2026 (47.56). It may suggest that Nihon Kagakungyo Co accelerated paying its suppliers.


Nihon Kagakungyo Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nihon Kagakungyo 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.

Nihon Kagakungyo Co Days Payable Chart

Nihon Kagakungyo 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 55.50 52.52 53.17 49.35 49.81

Nihon Kagakungyo 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 52.52 49.26 49.10 49.57 47.56

TSE:4094 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Nihon Kagakungyo 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.


Nihon Kagakungyo Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nihon Kagakungyo Co's Days Payable distribution charts can be found below:

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


TSE:4094
63GF Score
Nihon Kagaku Sangyo Co Ltd TSE:4094
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Kagakungyo 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.

Nihon Kagakungyo 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
=( (2743.976 + 3018.89) / 2 ) / 21114.073*365
=2881.433 / 21114.073*365
=49.81

Nihon Kagakungyo 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
=( (2732.144 + 3018.89) / 2 ) / 11033.514*365 / 2
=2875.517 / 11033.514*365 / 2
=47.56

* 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 47.56 mean?
Nihon Kagakungyo Co (TSE:4094) has a Days Payable of 47.56 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 Nihon Kagakungyo Co and its competitors. This is 16% below median its historical median of 56.61. Over the past decade, Nihon Kagakungyo Co's Days Payable has ranged from 48.95 to 60.41. According to the industry distribution chart, Nihon Kagakungyo Co ranks #966 out of 1551 companies in the Chemicals industry, placing it in the top 62.3%.
Is Nihon Kagakungyo Co's Days Payable too high?
Nihon Kagakungyo Co's current Days Payable of 47.56 is 16% below median its 10-year median of 56.61. Over the past 10 years, this metric has ranged from a low of 48.95 to a high of 60.41. The Chemicals industry median Days Payable is 59.87. Nihon Kagakungyo Co's value of 47.56 is 20.6% below this industry median. Based on the distribution chart, Nihon Kagakungyo Co ranks #966 out of 1551 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nihon Kagakungyo Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Kagakungyo Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nihon Kagakungyo Co ranks #966 out of 1551 companies for Days Payable. This places Nihon Kagakungyo Co in the lower half of its industry. The industry median Days Payable is 59.87. Nihon Kagakungyo Co's value of 47.56 is 20.6% below this benchmark. Historically, Nihon Kagakungyo Co's own Days Payable has ranged from 48.95 to 60.41 over the past decade. While the company's 10-year median is 56.61 vs. the industry median of 59.87, Nihon Kagakungyo 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,551 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. Nihon Kagakungyo Co's current Days Payable of 47.56 is 20.6% 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 Nihon Kagakungyo Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Kagakungyo Co's current Days Payable is 47.56, which is 16% below median its own 10-year median of 56.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Kagakungyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Kagakungyo Co (TSE:4094) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,857.32, compared to a current price of 円2,089.00 — trading 12.5% above its estimated fair value. The current Days Payable is 47.56, which is 16% below median its 10-year median of 56.61 and 20.6% below the Chemicals industry median of 59.87. Nihon Kagakungyo Co's overall GF Score™ is 63/100 with 2 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 Nihon Kagakungyo Co (TSE:4094), the current Days Payable is 47.56 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 Nihon Kagakungyo Co (TSE:4094) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Kagakungyo Co stock appears to be overvalued. The current stock price of 円2,089.00 is trading 12.5% above its estimated GF Value™ of 円1,857.32. GuruFocus considers Nihon Kagakungyo Co to be Modestly Overvalued.

Key valuation signals for TSE:4094:

  • Days Payable: 47.56 (16% below median its 10-year median of 56.61)
  • GF Value™: 円1,857.32 vs. price of 円2,089.00 (12.5% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 20.6% below the Chemicals median (#966 of 1551)

No single metric tells the full story. See the TSE:4094 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Kagakungyo Co Business Description

Address 4-8-1 Higashi Ueno, Tixtower Ueno (Reception 5th Floor, Taito-ku, Tokyo, JPN, 110-0015
Nihon Kagaku Sangyo Co Ltd is a Japan-based chemical manufacturer. Its business activities are divided into two divisions including Chemical business which is engaged in production and sales of organic and inorganic industrial chemicals. And Building Materials business which offers metal products. Its chemical product offerings include copper compounds, tin compounds, nickel compounds, cobalt compounds, metallic soaps, among others. The building materials division offers products including plancier air vent, nent roof, finish hardware, mail post, approach stainless steel, handrails, heat exchanger, metal eaves fascia and cold rolling forming hardware.
63GF Score

Get the complete analysis for TSE:4094

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

円2,089.00
Price
円1,857.32
GF Value