Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* 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:4362 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Nippon Fine Chemical 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 Fine Chemical Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Fine Chemical Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nippon Fine Chemical Co'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.
Nippon Fine Chemical Co's Days Payable for the fiscal year that ended in Mar. 2026 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.
Nippon Fine Chemical Co (TSE:4362) has a Days Payable of 96.54 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 Fine Chemical Co and its competitors. This is 35% above median its historical median of 71.56. Over the past decade, Nippon Fine Chemical Co's Days Payable has ranged from 41.47 to 86.82. According to the industry distribution chart, Nippon Fine Chemical Co ranks #468 out of 1560 companies in the Chemicals industry, placing it in the top 30%.
Is Nippon Fine Chemical Co's Days Payable too high?
Nippon Fine Chemical Co's current Days Payable of 96.54 is 35% above median its 10-year median of 71.56. Over the past 10 years, this metric has ranged from a low of 41.47 to a high of 86.82. The Chemicals industry median Days Payable is 59.36. Nippon Fine Chemical Co's value of 96.54 is 62.6% above this industry median. Based on the distribution chart, Nippon Fine Chemical Co ranks #468 out of 1560 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nippon Fine Chemical Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Fine Chemical Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Fine Chemical Co ranks #468 out of 1560 companies for Days Payable. This puts Nippon Fine Chemical Co in the upper half of its industry. The industry median Days Payable is 59.36. Nippon Fine Chemical Co's value of 96.54 is 62.6% above this benchmark. Historically, Nippon Fine Chemical Co's own Days Payable has ranged from 41.47 to 86.82 over the past decade. While the company's 10-year median is 71.56 vs. the industry median of 59.36, Nippon Fine Chemical 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 59.36, based on 1,560 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 Fine Chemical Co's current Days Payable of 96.54 is 62.6% 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 Fine Chemical Co and its competitors. For the Chemicals industry, the median Days Payable is 59.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Fine Chemical Co's current Days Payable is 96.54, which is 35% above median its own 10-year median of 71.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Fine Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Fine Chemical Co (TSE:4362) is currently considered Fairly Valued. The stock's GF Value™ is 円2,693.55, compared to a current price of 円2,627.00 — trading 2.5% below its estimated fair value. The current Days Payable is 96.54, which is 35% above median its 10-year median of 71.56 and 62.6% above the Chemicals industry median of 59.36. Nippon Fine Chemical Co's overall GF Score™ is 89/100 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 Nippon Fine Chemical Co (TSE:4362), the current Days Payable is 96.54 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 Fine Chemical Co (TSE:4362) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Fine Chemical Co stock appears to be undervalued.
The current stock price of 円2,627.00 is trading 2.5% below its estimated GF Value™ of 円2,693.55.
GuruFocus considers Nippon Fine Chemical Co to be Fairly Valued.
Key valuation signals for TSE:4362:
Days Payable: 96.54 (35% above median its 10-year median of 71.56)
GF Value™: 円2,693.55 vs. price of 円2,627.00 (2.5% below fair value)
Industry Position: 62.6% above the Chemicals median (#468 of 1560)
No single metric tells the full story. See the TSE:4362 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Fine Chemical Co Ltd is engaged in the manufacture and sale of functional products and environmental hygiene products, as well as other businesses. The company's reportable segments are Industrial Products, Environmental Sanitation Products, and Environmental Hygiene Products.
89GF Score
Get the complete analysis for TSE:4362
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4362 has been successfully added to your 
