Nihon Enterprise Co (TSE:4829) Days Payable: 21.13 (As of May. 2026) — Near Median

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TSE:4829 Nihon Enterprise Co Ltd TSE:4829
64 GF Score
Price 円112.00
GF Value 円121.28
Valuation Fairly Valued
! 4 Warning Signs
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What is Nihon Enterprise Co Days Payable?

Nihon Enterprise Co TSE:4829 64 Days Payable is 21.13 as of May. 2026, which is 5% below its 10-year median of 22.22. GuruFocus rates TSE:4829 with a GF Score™ of 64/100 and a GF Value™ of 円121.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,608 Software companies, Nihon Enterprise Co ranks worse than 75.5% on this metric.

Nihon Enterprise Co's average Accounts Payable for the six months ended in May. 2026 was 円173 Mil. Nihon Enterprise Co's Cost of Goods Sold for the six months ended in May. 2026 was 円1,493 Mil. Hence, Nihon Enterprise Co's Days Payable for the six months ended in May. 2026 was 21.13.

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

TSE:4829' s Days Payable Range Over the Past 10 Years
Min: 17.59   Med: 22.22   Max: 30.67
Current: 22.55

During the past 13 years, Nihon Enterprise Co's highest Days Payable was 30.67. The lowest was 17.59. And the median was 22.22.

TSE:4829's Days Payable is ranked worse than
75.5% of 2608 companies
in the Software industry
Industry Median: 51.715 vs TSE:4829: 22.55

Nihon Enterprise Co's Days Payable declined from May. 2025 (23.82) to May. 2026 (21.13). It may suggest that Nihon Enterprise Co accelerated paying its suppliers.


Nihon Enterprise Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nihon Enterprise 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.

Nihon Enterprise Co Days Payable Chart

Nihon Enterprise Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.19 22.24 23.40 26.59 22.20

Nihon Enterprise Co Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 22.36 25.52 23.82 24.40 21.13

TSE:4829 vs QH, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, Nihon Enterprise 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.


Nihon Enterprise Co Days Payable vs Software Industry

For the Software industry and Technology sector, Nihon Enterprise Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nihon Enterprise Co's Days Payable falls into.


TSE:4829
64GF Score
Nihon Enterprise Co Ltd TSE:4829
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Enterprise 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.

Nihon Enterprise Co's Days Payable for the fiscal year that ended in May. 2026 is calculated as

Days Payable (A: May. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2025 ) + Accounts Payable (A: May. 2026 )) / count ) / Cost of Goods Sold (A: May. 2026 )*Days in Period
=( (195.808 + 159.658) / 2 ) / 2921.963*365
=177.733 / 2921.963*365
=22.20

Nihon Enterprise Co's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (186.103 + 159.658) / 2 ) / 1493.452*365 / 2
=172.8805 / 1493.452*365 / 2
=21.13

* 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 21.13 mean?
Nihon Enterprise Co (TSE:4829) has a Days Payable of 21.13 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nihon Enterprise Co and its competitors. This is near median its historical median of 22.22. Over the past decade, Nihon Enterprise Co's Days Payable has ranged from 17.59 to 30.67. According to the industry distribution chart, Nihon Enterprise Co ranks #1969 out of 2608 companies in the Software industry, placing it in the top 75.5%.
Is Nihon Enterprise Co's Days Payable too high?
Nihon Enterprise Co's current Days Payable of 21.13 is near median its 10-year median of 22.22. Over the past 10 years, this metric has ranged from a low of 17.59 to a high of 30.67. The Software industry median Days Payable is 51.72. Nihon Enterprise Co's value of 21.13 is 59.1% below this industry median. Based on the distribution chart, Nihon Enterprise Co ranks #1969 out of 2608 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nihon Enterprise Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Enterprise Co's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Nihon Enterprise Co ranks #1969 out of 2608 companies for Days Payable. This places Nihon Enterprise Co in the lower half of its industry. The industry median Days Payable is 51.72. Nihon Enterprise Co's value of 21.13 is 59.1% below this benchmark. Historically, Nihon Enterprise Co's own Days Payable has ranged from 17.59 to 30.67 over the past decade. While the company's 10-year median is 22.22 vs. the industry median of 51.72, Nihon Enterprise 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 Software company?
The median Days Payable among Software companies is 51.72, based on 2,608 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. Nihon Enterprise Co's current Days Payable of 21.13 is 59.1% 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 Nihon Enterprise Co and its competitors. For the Software industry, the median Days Payable is 51.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Enterprise Co's current Days Payable is 21.13, which is near median its own 10-year median of 22.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Enterprise Co (TSE:4829) is currently considered Fairly Valued. The stock's GF Value™ is 円121.28, compared to a current price of 円112.00 — trading 7.7% below its estimated fair value. The current Days Payable is 21.13, which is near median its 10-year median of 22.22 and 59.1% below the Software industry median of 51.72. Nihon Enterprise Co's overall GF Score™ is 64/100 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 Nihon Enterprise Co (TSE:4829), the current Days Payable is 21.13 as of May. 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 Nihon Enterprise Co (TSE:4829) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Enterprise Co stock appears to be undervalued. The current stock price of 円112.00 is trading 7.7% below its estimated GF Value™ of 円121.28. GuruFocus considers Nihon Enterprise Co to be Fairly Valued.

Key valuation signals for TSE:4829:

  • Days Payable: 21.13 (near median its 10-year median of 22.22)
  • GF Value™: 円121.28 vs. price of 円112.00 (7.7% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 59.1% below the Software median (#1969 of 2608)

No single metric tells the full story. See the TSE:4829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Enterprise Co Business Description

Address Matsuoka Shibuya Building 1-17-8 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Nihon Enterprise Co Ltd is engaged in the planning, development, and management of smartphone apps for consumers, development and sale of business support applications, cloud services, contract development of applications, and advertisement proxy services.
64GF Score

Get the complete analysis for TSE:4829

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

円112.00
Price
円121.28
GF Value