Nippon Shokubai Co (TSE:4114) Days Payable: 61.23 (As of Mar. 2026) — Near Median


TSE:4114 Nippon Shokubai Co Ltd TSE:4114
77 GF Score
Price 円2,088.00
GF Value 円1,761.78
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Nippon Shokubai Co Days Payable?

Nippon Shokubai Co TSE:4114 -1.37% 77 Days Payable is 61.23 as of Mar. 2026, which is 6% below its 10-year median of 65.20. GuruFocus rates TSE:4114 with a GF Score™ of 77/100 and a GF Value™ of 円1,761.78 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,550 Chemicals companies, Nippon Shokubai Co ranks better than 50.39% on this metric.

Nippon Shokubai Co's average Accounts Payable for the three months ended in Mar. 2026 was 円55,548 Mil. Nippon Shokubai Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円82,775 Mil. Hence, Nippon Shokubai Co's Days Payable for the three months ended in Mar. 2026 was 61.23.

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

TSE:4114' s Days Payable Range Over the Past 10 Years
Min: 59.59   Med: 65.2   Max: 76.61
Current: 60.26

During the past 13 years, Nippon Shokubai Co's highest Days Payable was 76.61. The lowest was 59.59. And the median was 65.20.

TSE:4114's Days Payable is ranked better than
50.39% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs TSE:4114: 60.26

Nippon Shokubai Co's Days Payable declined from Mar. 2025 (64.10) to Mar. 2026 (61.23). It may suggest that Nippon Shokubai Co accelerated paying its suppliers.


Nippon Shokubai Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Shokubai 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 Shokubai Co Days Payable Chart

Nippon Shokubai 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 64.80 59.59 64.49 62.56 59.78

Nippon Shokubai 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 64.10 59.16 58.29 62.91 61.23

TSE:4114 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Nippon Shokubai 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 Shokubai Co Days Payable vs Chemicals Industry

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

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


TSE:4114
77GF Score
Nippon Shokubai Co Ltd TSE:4114
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Shokubai 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 Shokubai 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
=( (54821 + 51659) / 2 ) / 325092*365
=53240 / 325092*365
=59.78

Nippon Shokubai 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
=( (59436 + 51659) / 2 ) / 82775*365 / 4
=55547.5 / 82775*365 / 4
=61.23

* 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 61.23 mean?
Nippon Shokubai Co (TSE:4114) has a Days Payable of 61.23 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 Shokubai Co and its competitors. This is near median its historical median of 65.20. Over the past decade, Nippon Shokubai Co's Days Payable has ranged from 59.59 to 76.61. According to the industry distribution chart, Nippon Shokubai Co ranks #769 out of 1550 companies in the Chemicals industry, placing it in the top 49.6%.
Is Nippon Shokubai Co's Days Payable too high?
Nippon Shokubai Co's current Days Payable of 61.23 is near median its 10-year median of 65.20. Over the past 10 years, this metric has ranged from a low of 59.59 to a high of 76.61. The Chemicals industry median Days Payable is 59.80. Nippon Shokubai Co's value of 61.23 is 2.4% above this industry median. Based on the distribution chart, Nippon Shokubai Co ranks #769 out of 1550 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nippon Shokubai Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Shokubai Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Nippon Shokubai Co ranks #769 out of 1550 companies for Days Payable. This puts Nippon Shokubai Co in the upper half of its industry. The industry median Days Payable is 59.80. Nippon Shokubai Co's value of 61.23 is 2.4% above this benchmark. Historically, Nippon Shokubai Co's own Days Payable has ranged from 59.59 to 76.61 over the past decade. While the company's 10-year median is 65.20 vs. the industry median of 59.80, Nippon Shokubai 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 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 Shokubai Co's current Days Payable of 61.23 is 2.4% 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 Shokubai Co and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Shokubai Co's current Days Payable is 61.23, which is near median its own 10-year median of 65.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Shokubai Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Shokubai Co (TSE:4114) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,761.78, compared to a current price of 円2,088.00 — trading 18.5% above its estimated fair value. The current Days Payable is 61.23, which is near median its 10-year median of 65.20 and 2.4% above the Chemicals industry median of 59.80. Nippon Shokubai Co's overall GF Score™ is 77/100 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 Shokubai Co (TSE:4114), the current Days Payable is 61.23 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 Shokubai Co (TSE:4114) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Shokubai Co stock appears to be overvalued. The current stock price of 円2,088.00 is trading 18.5% above its estimated GF Value™ of 円1,761.78. GuruFocus considers Nippon Shokubai Co to be Modestly Overvalued.

Key valuation signals for TSE:4114:

  • Days Payable: 61.23 (near median its 10-year median of 65.20)
  • GF Value™: 円1,761.78 vs. price of 円2,088.00 (18.5% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 2.4% above the Chemicals median (#769 of 1550)

No single metric tells the full story. See the TSE:4114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Shokubai Co Business Description

Address 4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN
Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.
77GF Score

Get the complete analysis for TSE:4114

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

円2,088.00
Price
円1,761.78
GF Value