Nippon RAD (TSE:4736) Days Payable: 15.64 (As of Mar. 2026) — 30% Below Median


TSE:4736 Nippon RAD Inc TSE:4736
68 GF Score
Price 円605.00
GF Value 円723.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Nippon RAD Days Payable?

Nippon RAD TSE:4736 68 Days Payable is 15.64 as of Mar. 2026, which is 30% below its 10-year median of 22.36. GuruFocus rates TSE:4736 with a GF Score™ of 68/100 and a GF Value™ of 円723.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,598 Software companies, Nippon RAD ranks worse than 80.91% on this metric.

Nippon RAD's average Accounts Payable for the six months ended in Mar. 2026 was 円142 Mil. Nippon RAD's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,656 Mil. Hence, Nippon RAD's Days Payable for the six months ended in Mar. 2026 was 15.64.

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

TSE:4736' s Days Payable Range Over the Past 10 Years
Min: 19.69   Med: 22.36   Max: 33.47
Current: 19.96

During the past 13 years, Nippon RAD's highest Days Payable was 33.47. The lowest was 19.69. And the median was 22.36.

TSE:4736's Days Payable is ranked worse than
80.91% of 2598 companies
in the Software industry
Industry Median: 53.675 vs TSE:4736: 19.96

Nippon RAD's Days Payable declined from Mar. 2025 (19.14) to Mar. 2026 (15.64). It may suggest that Nippon RAD accelerated paying its suppliers.


Nippon RAD Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon RAD'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 RAD Days Payable Chart

Nippon RAD 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 19.69 22.38 20.55 22.33 22.10

Nippon RAD 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 16.63 17.81 19.14 22.32 15.64

TSE:4736 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Nippon RAD'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 RAD Days Payable vs Software Industry

For the Software industry and Technology sector, Nippon RAD's Days Payable distribution charts can be found below:

* The bar in red indicates where Nippon RAD's Days Payable falls into.


TSE:4736
68GF Score
Nippon RAD Inc TSE:4736
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon RAD 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 RAD'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
=( (245.426 + 145.209) / 2 ) / 3225.652*365
=195.3175 / 3225.652*365
=22.10

Nippon RAD'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
=( (138.567 + 145.209) / 2 ) / 1655.596*365 / 2
=141.888 / 1655.596*365 / 2
=15.64

* 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 15.64 mean?
Nippon RAD (TSE:4736) has a Days Payable of 15.64 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 RAD and its competitors. This is 30% below median its historical median of 22.36. Over the past decade, Nippon RAD's Days Payable has ranged from 19.69 to 33.47. According to the industry distribution chart, Nippon RAD ranks #2102 out of 2598 companies in the Software industry, placing it in the top 80.9%.
Is Nippon RAD's Days Payable too high?
Nippon RAD's current Days Payable of 15.64 is 30% below median its 10-year median of 22.36. Over the past 10 years, this metric has ranged from a low of 19.69 to a high of 33.47. The Software industry median Days Payable is 53.68. Nippon RAD's value of 15.64 is 70.9% below this industry median. Based on the distribution chart, Nippon RAD ranks #2102 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nippon RAD has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon RAD's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Nippon RAD ranks #2102 out of 2598 companies for Days Payable. This places Nippon RAD in the lower half of its industry. The industry median Days Payable is 53.68. Nippon RAD's value of 15.64 is 70.9% below this benchmark. Historically, Nippon RAD's own Days Payable has ranged from 19.69 to 33.47 over the past decade. While the company's 10-year median is 22.36 vs. the industry median of 53.68, Nippon RAD 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 Software company?
The median Days Payable among Software companies is 53.68, based on 2,598 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 RAD's current Days Payable of 15.64 is 70.9% 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 RAD and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon RAD's current Days Payable is 15.64, which is 30% below median its own 10-year median of 22.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon RAD stock overvalued right now?
Based on GuruFocus' analysis, Nippon RAD (TSE:4736) is currently considered Modestly Undervalued. The stock's GF Value™ is 円723.88, compared to a current price of 円605.00 — trading 16.4% below its estimated fair value. The current Days Payable is 15.64, which is 30% below median its 10-year median of 22.36 and 70.9% below the Software industry median of 53.68. Nippon RAD's overall GF Score™ is 68/100 with 4 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 RAD (TSE:4736), the current Days Payable is 15.64 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 RAD (TSE:4736) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon RAD stock appears to be undervalued. The current stock price of 円605.00 is trading 16.4% below its estimated GF Value™ of 円723.88. GuruFocus considers Nippon RAD to be Modestly Undervalued.

Key valuation signals for TSE:4736:

  • Days Payable: 15.64 (30% below median its 10-year median of 22.36)
  • GF Value™: 円723.88 vs. price of 円605.00 (16.4% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 70.9% below the Software median (#2102 of 2598)

No single metric tells the full story. See the TSE:4736 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon RAD Business Description

Address Akasaka, 1-12-32 Ark Mori Building 30th floor, Minato-ku, Tokyo, JPN, 107-6030
Nippon RAD Inc is engaged in the development of systems and software for various industries and operations. The solutions of the company include the GW system, card operation system, risk management system, vehicle management system, risk management system, and others.
68GF Score

Get the complete analysis for TSE:4736

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

円605.00
Price
円723.88
GF Value