Nippon Air Conditioning Services Co (TSE:4658) Days Payable: 28.72 (As of Mar. 2026) — 33% Below Median


TSE:4658 Nippon Air Conditioning Services Co Ltd TSE:4658
86 GF Score
Price 円1,652.00
GF Value 円1,192.80
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nippon Air Conditioning Services Co Days Payable?

Nippon Air Conditioning Services Co TSE:4658 +0.18% 86 Days Payable is 28.72 as of Mar. 2026, which is 33% below its 10-year median of 42.96. GuruFocus rates TSE:4658 with a GF Score™ of 86/100 and a GF Value™ of 円1,192.80 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 943 Business Services companies, Nippon Air Conditioning Services Co ranks worse than 58.01% on this metric.

Nippon Air Conditioning Services Co's average Accounts Payable for the six months ended in Mar. 2026 was 円4,931 Mil. Nippon Air Conditioning Services Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円31,327 Mil. Hence, Nippon Air Conditioning Services Co's Days Payable for the six months ended in Mar. 2026 was 28.72.

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

TSE:4658' s Days Payable Range Over the Past 10 Years
Min: 27.85   Med: 42.96   Max: 50.81
Current: 36.32

During the past 13 years, Nippon Air Conditioning Services Co's highest Days Payable was 50.81. The lowest was 27.85. And the median was 42.96.

TSE:4658's Days Payable is ranked worse than
58.01% of 943 companies
in the Business Services industry
Industry Median: 46.84 vs TSE:4658: 36.32

Nippon Air Conditioning Services Co's Days Payable declined from Mar. 2025 (31.90) to Mar. 2026 (28.72). It may suggest that Nippon Air Conditioning Services Co accelerated paying its suppliers.


Nippon Air Conditioning Services Co Days Payable Related Terms


Nippon Air Conditioning Services Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Air Conditioning Services 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 Air Conditioning Services Co Days Payable Chart

Nippon Air Conditioning Services 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 42.07 44.53 44.74 43.06 41.77

Nippon Air Conditioning Services 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 32.04 42.10 31.90 40.24 28.72

TSE:4658 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Nippon Air Conditioning Services 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 Air Conditioning Services Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Nippon Air Conditioning Services Co's Days Payable distribution charts can be found below:

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


TSE:4658
86GF Score
Nippon Air Conditioning Services Co Ltd TSE:4658
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Air Conditioning Services 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 Air Conditioning Services 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
=( (6360 + 6076) / 2 ) / 54333*365
=6218 / 54333*365
=41.77

Nippon Air Conditioning Services 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
=( (3785 + 6076) / 2 ) / 31327*365 / 2
=4930.5 / 31327*365 / 2
=28.72

* 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 28.72 mean?
Nippon Air Conditioning Services Co (TSE:4658) has a Days Payable of 28.72 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 Air Conditioning Services Co and its competitors. This is 33% below median its historical median of 42.96. Over the past decade, Nippon Air Conditioning Services Co's Days Payable has ranged from 27.85 to 50.81. According to the industry distribution chart, Nippon Air Conditioning Services Co ranks #547 out of 943 companies in the Business Services industry, placing it in the top 58%.
Is Nippon Air Conditioning Services Co's Days Payable too high?
Nippon Air Conditioning Services Co's current Days Payable of 28.72 is 33% below median its 10-year median of 42.96. Over the past 10 years, this metric has ranged from a low of 27.85 to a high of 50.81. The Business Services industry median Days Payable is 46.84. Nippon Air Conditioning Services Co's value of 28.72 is 38.7% below this industry median. Based on the distribution chart, Nippon Air Conditioning Services Co ranks #547 out of 943 companies in the Business Services industry, which is below the industry midpoint. Overall, Nippon Air Conditioning Services Co has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Air Conditioning Services Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Nippon Air Conditioning Services Co ranks #547 out of 943 companies for Days Payable. This places Nippon Air Conditioning Services Co in the lower half of its industry. The industry median Days Payable is 46.84. Nippon Air Conditioning Services Co's value of 28.72 is 38.7% below this benchmark. Historically, Nippon Air Conditioning Services Co's own Days Payable has ranged from 27.85 to 50.81 over the past decade. While the company's 10-year median is 42.96 vs. the industry median of 46.84, Nippon Air Conditioning Services Co 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 Business Services company?
The median Days Payable among Business Services companies is 46.84, based on 943 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 Air Conditioning Services Co's current Days Payable of 28.72 is 38.7% 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 Nippon Air Conditioning Services Co and its competitors. For the Business Services industry, the median Days Payable is 46.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Air Conditioning Services Co's current Days Payable is 28.72, which is 33% below median its own 10-year median of 42.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Air Conditioning Services Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Air Conditioning Services Co (TSE:4658) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,192.80, compared to a current price of 円1,652.00 — trading 38.5% above its estimated fair value. The current Days Payable is 28.72, which is 33% below median its 10-year median of 42.96 and 38.7% below the Business Services industry median of 46.84. Nippon Air Conditioning Services Co's overall GF Score™ is 86/100 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 Nippon Air Conditioning Services Co (TSE:4658), the current Days Payable is 28.72 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 Air Conditioning Services Co (TSE:4658) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Air Conditioning Services Co stock appears to be overvalued. The current stock price of 円1,652.00 is trading 38.5% above its estimated GF Value™ of 円1,192.80. GuruFocus considers Nippon Air Conditioning Services Co to be Significantly Overvalued.

Key valuation signals for TSE:4658:

  • Days Payable: 28.72 (33% below median its 10-year median of 42.96)
  • GF Value™: 円1,192.80 vs. price of 円1,652.00 (38.5% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 38.7% below the Business Services median (#547 of 943)

No single metric tells the full story. See the TSE:4658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Air Conditioning Services Co Business Description

Address Nagoya Terugaoka No. 239, Meito-ku, Aichi, Nagoya, JPN, 465-0042
Nippon Air Conditioning Services Co Ltd provides maintenance of building facilities, and equipment diagnosis and environment diagnosis.
86GF Score

Get the complete analysis for TSE:4658

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

円1,652.00
Price
円1,192.80
GF Value