NIXTSE:4243 -1.16%71 Days Payable is 28.42 as of Mar. 2026, which is 34% below its 10-year median of 42.99. GuruFocus rates TSE:4243 with a GF Score™ of 71/100 and a GF Value™ of 円813.99 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,555 Chemicals companies, NIX ranks worse than 80.45% on this metric.
NIX's average Accounts Payable for the
three
months ended in Mar. 2026 was 円204 Mil. NIX's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円654 Mil.
Hence, NIX's Days Payable for the
three
months ended in Mar. 2026 was 28.42.
The historical rank and industry rank for NIX's Days Payable or its related term are showing as below:
TSE:4243'
s Days Payable Range Over the Past 10 Years
Min: 9.02 Med: 42.99 Max: 100.75
Current: 29.39
During the past 13 years, NIX's highest Days Payable was 100.75. The lowest was 9.02. And the median was 42.99.
TSE:4243's Days Payable is ranked worse than 80.45% of 1555
companies
in the Chemicals industry
Industry Median: 59.95
vs TSE:4243: 29.39
NIX's Days Payable
declined
from Mar. 2025 (31.95) to Mar. 2026 (28.42).
It may suggest that NIXaccelerated paying its suppliers.
NIX Days Payable Related Terms
NIX Days Payable Historical Data
* Premium members only.
The historical data trend for NIX'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.
TSE:4243 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, NIX'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.
NIX Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, NIX's Days Payable distribution charts can be found below:
* The bar in red indicates where NIX'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.
NIX's Days Payable for the fiscal year that ended in Sep. 2025 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.
NIX (TSE:4243) has a Days Payable of 28.42 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 NIX and its competitors. This is 34% below median its historical median of 42.99. Over the past decade, NIX's Days Payable has ranged from 9.02 to 100.75. According to the industry distribution chart, NIX ranks #1251 out of 1555 companies in the Chemicals industry, placing it in the top 80.5%.
Is NIX's Days Payable too high?
NIX's current Days Payable of 28.42 is 34% below median its 10-year median of 42.99. Over the past 10 years, this metric has ranged from a low of 9.02 to a high of 100.75. The Chemicals industry median Days Payable is 59.95. NIX's value of 28.42 is 52.6% below this industry median. Based on the distribution chart, NIX ranks #1251 out of 1555 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, NIX has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NIX's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, NIX ranks #1251 out of 1555 companies for Days Payable. This places NIX in the lower half of its industry. The industry median Days Payable is 59.95. NIX's value of 28.42 is 52.6% below this benchmark. Historically, NIX's own Days Payable has ranged from 9.02 to 100.75 over the past decade. While the company's 10-year median is 42.99 vs. the industry median of 59.95, NIX 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 59.95, based on 1,555 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. NIX's current Days Payable of 28.42 is 52.6% 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 NIX and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIX's current Days Payable is 28.42, which is 34% below median its own 10-year median of 42.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIX stock overvalued right now?
Based on GuruFocus' analysis, NIX (TSE:4243) is currently considered Modestly Overvalued. The stock's GF Value™ is 円813.99, compared to a current price of 円935.00 — trading 14.9% above its estimated fair value. The current Days Payable is 28.42, which is 34% below median its 10-year median of 42.99 and 52.6% below the Chemicals industry median of 59.95. NIX's overall GF Score™ is 71/100 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 NIX (TSE:4243), the current Days Payable is 28.42 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 NIX (TSE:4243) Overvalued in 2026?
Based on GuruFocus' analysis, NIX stock appears to be overvalued.
The current stock price of 円935.00 is trading 14.9% above its estimated GF Value™ of 円813.99.
GuruFocus considers NIX to be Modestly Overvalued.
Key valuation signals for TSE:4243:
Days Payable: 28.42 (34% below median its 10-year median of 42.99)
GF Value™: 円813.99 vs. price of 円935.00 (14.9% above fair value)
Industry Position: 52.6% below the Chemicals median (#1251 of 1555)
No single metric tells the full story. See the TSE:4243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIX Inc is engaged in planning, development, manufacture, and sale of parts like industrial plastic parts and plastic fasteners, mechanism parts, magazine racks storing, and label plastic machines.
71GF Score
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