Nippon Pigment Holdings Co (TSE:4119) Days Payable: 98.73 (As of Mar. 2026) — 20% Above Median


TSE:4119 Nippon Pigment Holdings Co Ltd TSE:4119
63 GF Score
Price 円5,380.00
GF Value 円4,196.37
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nippon Pigment Holdings Co Days Payable?

Nippon Pigment Holdings Co TSE:4119 -1.65% 63 Days Payable is 98.73 as of Mar. 2026, which is 20% above its 10-year median of 82.47. GuruFocus rates TSE:4119 with a GF Score™ of 63/100 and a GF Value™ of 円4,196.37 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,550 Chemicals companies, Nippon Pigment Holdings Co ranks better than 76.52% on this metric.

Nippon Pigment Holdings Co's average Accounts Payable for the six months ended in Mar. 2026 was 円9,857 Mil. Nippon Pigment Holdings Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円18,220 Mil. Hence, Nippon Pigment Holdings Co's Days Payable for the six months ended in Mar. 2026 was 98.73.

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

TSE:4119' s Days Payable Range Over the Past 10 Years
Min: 54.46   Med: 82.47   Max: 101.46
Current: 101.46

During the past 13 years, Nippon Pigment Holdings Co's highest Days Payable was 101.46. The lowest was 54.46. And the median was 82.47.

TSE:4119's Days Payable is ranked better than
76.52% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs TSE:4119: 101.46

Nippon Pigment Holdings Co's Days Payable declined from Mar. 2025 (98.81) to Mar. 2026 (98.73). It may suggest that Nippon Pigment Holdings Co accelerated paying its suppliers.


Nippon Pigment Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Pigment Holdings 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 Pigment Holdings Co Days Payable Chart

Nippon Pigment Holdings 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 91.06 90.98 99.10 89.20 100.55

Nippon Pigment Holdings 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 108.06 101.90 98.81 105.34 98.73

TSE:4119 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Nippon Pigment Holdings 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 Pigment Holdings Co Days Payable vs Chemicals Industry

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

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


TSE:4119
63GF Score
Nippon Pigment Holdings Co Ltd TSE:4119
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Pigment Holdings 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 Pigment Holdings 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
=( (9586.236 + 9772.008) / 2 ) / 35136.777*365
=9679.122 / 35136.777*365
=100.55

Nippon Pigment Holdings 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
=( (9941.592 + 9772.008) / 2 ) / 18220.165*365 / 2
=9856.8 / 18220.165*365 / 2
=98.73

* 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 98.73 mean?
Nippon Pigment Holdings Co (TSE:4119) has a Days Payable of 98.73 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 Pigment Holdings Co and its competitors. This is 20% above median its historical median of 82.47. Over the past decade, Nippon Pigment Holdings Co's Days Payable has ranged from 54.46 to 101.46. According to the industry distribution chart, Nippon Pigment Holdings Co ranks #364 out of 1550 companies in the Chemicals industry, placing it in the top 23.5%.
Is Nippon Pigment Holdings Co's Days Payable too high?
Nippon Pigment Holdings Co's current Days Payable of 98.73 is 20% above median its 10-year median of 82.47. Over the past 10 years, this metric has ranged from a low of 54.46 to a high of 101.46. The Chemicals industry median Days Payable is 59.80. Nippon Pigment Holdings Co's value of 98.73 is 65.1% above this industry median. Based on the distribution chart, Nippon Pigment Holdings Co ranks #364 out of 1550 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Pigment Holdings 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 Nippon Pigment Holdings Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Pigment Holdings Co ranks #364 out of 1550 companies for Days Payable. This places Nippon Pigment Holdings Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.80. Nippon Pigment Holdings Co's value of 98.73 is 65.1% above this benchmark. Historically, Nippon Pigment Holdings Co's own Days Payable has ranged from 54.46 to 101.46 over the past decade. While the company's 10-year median is 82.47 vs. the industry median of 59.80, Nippon Pigment Holdings 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 Pigment Holdings Co's current Days Payable of 98.73 is 65.1% 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 Pigment Holdings 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 Pigment Holdings Co's current Days Payable is 98.73, which is 20% above median its own 10-year median of 82.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Pigment Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Pigment Holdings Co (TSE:4119) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,196.37, compared to a current price of 円5,380.00 — trading 28.2% above its estimated fair value. The current Days Payable is 98.73, which is 20% above median its 10-year median of 82.47 and 65.1% above the Chemicals industry median of 59.80. Nippon Pigment Holdings Co's overall GF Score™ is 63/100 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 Pigment Holdings Co (TSE:4119), the current Days Payable is 98.73 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 Pigment Holdings Co (TSE:4119) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Pigment Holdings Co stock appears to be overvalued. The current stock price of 円5,380.00 is trading 28.2% above its estimated GF Value™ of 円4,196.37. GuruFocus considers Nippon Pigment Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:4119:

  • Days Payable: 98.73 (20% above median its 10-year median of 82.47)
  • GF Value™: 円4,196.37 vs. price of 円5,380.00 (28.2% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 65.1% above the Chemicals median (#364 of 1550)

No single metric tells the full story. See the TSE:4119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Pigment Holdings Co Business Description

Address 20 Kanda Nishikicho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054
Nippon Pigment Holdings Co Ltd is engaged in business activities mainly involving the manufacture and sale of resin compounds and various colorants for resins (for plastics), paints, fibers, etc.
63GF Score

Get the complete analysis for TSE:4119

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

円5,380.00
Price
円4,196.37
GF Value