Nicca Chemical Co (TSE:4463) Days Payable: 59.77 (As of Jun. 2026) — 11% Below Median

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TSE:4463 Nicca Chemical Co Ltd TSE:4463
56 GF Score
Price 円2,032.00
GF Value 円1,409.88
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nicca Chemical Co Days Payable?

Nicca Chemical Co TSE:4463 +1.60% 56 Days Payable is 59.77 as of Jun. 2026, which is 11% below its 10-year median of 67.34. GuruFocus rates TSE:4463 with a GF Score™ of 56/100 and a GF Value™ of 円1,409.88 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,562 Chemicals companies, Nicca Chemical Co ranks better than 50.7% on this metric.

Nicca Chemical Co's average Accounts Payable for the three months ended in Jun. 2026 was 円6,466 Mil. Nicca Chemical Co's Cost of Goods Sold for the three months ended in Jun. 2026 was 円9,870 Mil. Hence, Nicca Chemical Co's Days Payable for the three months ended in Jun. 2026 was 59.77.

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

TSE:4463' s Days Payable Range Over the Past 10 Years
Min: 44.27   Med: 67.34   Max: 69.72
Current: 60.23

During the past 13 years, Nicca Chemical Co's highest Days Payable was 69.72. The lowest was 44.27. And the median was 67.34.

TSE:4463's Days Payable is ranked better than
50.7% of 1562 companies
in the Chemicals industry
Industry Median: 59.235 vs TSE:4463: 60.23

Nicca Chemical Co's Days Payable increased from Jun. 2025 (0.00) to Jun. 2026 (59.77). It may suggest that Nicca Chemical Co delayed paying its suppliers.


Nicca Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nicca Chemical 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.

Nicca Chemical Co Days Payable Chart

Nicca Chemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.21 69.72 67.46 63.32 64.33

Nicca Chemical Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 59.74 61.62 59.53 59.77

TSE:4463 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Nicca 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.


Nicca Chemical Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Nicca Chemical Co's Days Payable falls into.


TSE:4463
56GF Score
Nicca Chemical Co Ltd TSE:4463
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nicca Chemical 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.

Nicca Chemical Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (6181 + 6335) / 2 ) / 35508*365
=6258 / 35508*365
=64.33

Nicca Chemical Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (6224 + 6707) / 2 ) / 9870*365 / 4
=6465.5 / 9870*365 / 4
=59.77

* 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 59.77 mean?
Nicca Chemical Co (TSE:4463) has a Days Payable of 59.77 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nicca Chemical Co and its competitors. This is 11% below median its historical median of 67.34. Over the past decade, Nicca Chemical Co's Days Payable has ranged from 44.27 to 69.72. According to the industry distribution chart, Nicca Chemical Co ranks #770 out of 1562 companies in the Chemicals industry, placing it in the top 49.3%.
Is Nicca Chemical Co's Days Payable too high?
Nicca Chemical Co's current Days Payable of 59.77 is 11% below median its 10-year median of 67.34. Over the past 10 years, this metric has ranged from a low of 44.27 to a high of 69.72. The Chemicals industry median Days Payable is 59.24. Nicca Chemical Co's value of 59.77 is 0.9% above this industry median. Based on the distribution chart, Nicca Chemical Co ranks #770 out of 1562 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nicca Chemical Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nicca Chemical Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Nicca Chemical Co ranks #770 out of 1562 companies for Days Payable. This puts Nicca Chemical Co in the upper half of its industry. The industry median Days Payable is 59.24. Nicca Chemical Co's value of 59.77 is 0.9% above this benchmark. Historically, Nicca Chemical Co's own Days Payable has ranged from 44.27 to 69.72 over the past decade. While the company's 10-year median is 67.34 vs. the industry median of 59.24, Nicca 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 59.24, based on 1,562 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. Nicca Chemical Co's current Days Payable of 59.77 is 0.9% 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 Nicca Chemical Co and its competitors. For the Chemicals industry, the median Days Payable is 59.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nicca Chemical Co's current Days Payable is 59.77, which is 11% below median its own 10-year median of 67.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicca Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nicca Chemical Co (TSE:4463) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,409.88, compared to a current price of 円2,032.00 — trading 44.1% above its estimated fair value. The current Days Payable is 59.77, which is 11% below median its 10-year median of 67.34 and 0.9% above the Chemicals industry median of 59.24. Nicca Chemical Co's overall GF Score™ is 56/100 with 3 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 Nicca Chemical Co (TSE:4463), the current Days Payable is 59.77 as of Jun. 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 Nicca Chemical Co (TSE:4463) Overvalued in 2026?

Based on GuruFocus' analysis, Nicca Chemical Co stock appears to be overvalued. The current stock price of 円2,032.00 is trading 44.1% above its estimated GF Value™ of 円1,409.88. GuruFocus considers Nicca Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:4463:

  • Days Payable: 59.77 (11% below median its 10-year median of 67.34)
  • GF Value™: 円1,409.88 vs. price of 円2,032.00 (44.1% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 0.9% above the Chemicals median (#770 of 1562)

No single metric tells the full story. See the TSE:4463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nicca Chemical Co Business Description

Address 23-1, Bunkyo 4-chome, Fukui, JPN, 910-8670
Nicca Chemical Co Ltd is engaged in the chemical business. It manufactures and sells surfactants for the textile chemicals, metals, pulp and paper, paints, dyes, and synthetic resins, cosmetics, and pharmaceutical products. It also offers a range of surfactants for dry cleaning and professional cleaning agents. The company's segment includes Chemicals and Cosmetics. The company generates the majority of its revenue from Chemicals.
56GF Score

Get the complete analysis for TSE:4463

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

円2,032.00
Price
円1,409.88
GF Value