Nippon Seisen Co (TSE:5659) Days Payable: 58.84 (As of Mar. 2026) — Near Median

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TSE:5659 Nippon Seisen Co Ltd TSE:5659
75 GF Score
Price 円1,482.00
GF Value 円1,143.13
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Nippon Seisen Co Days Payable?

Nippon Seisen Co TSE:5659 -1.92% 75 Days Payable is 58.84 as of Mar. 2026, which is 1% below its 10-year median of 59.19. GuruFocus rates TSE:5659 with a GF Score™ of 75/100 and a GF Value™ of 円1,143.13 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,993 Industrial Products companies, Nippon Seisen Co ranks worse than 62.01% on this metric.

Nippon Seisen Co's average Accounts Payable for the six months ended in Mar. 2026 was 円6,558 Mil. Nippon Seisen Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円20,338 Mil. Hence, Nippon Seisen Co's Days Payable for the six months ended in Mar. 2026 was 58.84.

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

TSE:5659' s Days Payable Range Over the Past 10 Years
Min: 51.66   Med: 59.19   Max: 66.81
Current: 59.86

During the past 13 years, Nippon Seisen Co's highest Days Payable was 66.81. The lowest was 51.66. And the median was 59.19.

TSE:5659's Days Payable is ranked worse than
62.01% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs TSE:5659: 59.86

Nippon Seisen Co's Days Payable declined from Mar. 2025 (62.18) to Mar. 2026 (58.84). It may suggest that Nippon Seisen Co accelerated paying its suppliers.


Nippon Seisen Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Seisen 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 Seisen Co Days Payable Chart

Nippon Seisen 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 64.20 66.65 65.93 58.83 59.22

Nippon Seisen 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 60.78 59.81 62.18 61.58 58.84

TSE:5659 vs SNA, RBC, LECO: Days Payable Comparison

For the Tools & Accessories subindustry, Nippon Seisen 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 Seisen Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nippon Seisen Co's Days Payable distribution charts can be found below:

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


TSE:5659
75GF Score
Nippon Seisen Co Ltd TSE:5659
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Seisen 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 Seisen 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
=( (6475 + 6446) / 2 ) / 39816*365
=6460.5 / 39816*365
=59.22

Nippon Seisen 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
=( (6669 + 6446) / 2 ) / 20338*365 / 2
=6557.5 / 20338*365 / 2
=58.84

* 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 58.84 mean?
Nippon Seisen Co (TSE:5659) has a Days Payable of 58.84 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 Seisen Co and its competitors. This is near median its historical median of 59.19. Over the past decade, Nippon Seisen Co's Days Payable has ranged from 51.66 to 66.81. According to the industry distribution chart, Nippon Seisen Co ranks #1856 out of 2993 companies in the Industrial Products industry, placing it in the top 62%.
Is Nippon Seisen Co's Days Payable too high?
Nippon Seisen Co's current Days Payable of 58.84 is near median its 10-year median of 59.19. Over the past 10 years, this metric has ranged from a low of 51.66 to a high of 66.81. The Industrial Products industry median Days Payable is 78.04. Nippon Seisen Co's value of 58.84 is 24.6% below this industry median. Based on the distribution chart, Nippon Seisen Co ranks #1856 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nippon Seisen Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Seisen Co's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Nippon Seisen Co ranks #1856 out of 2993 companies for Days Payable. This places Nippon Seisen Co in the lower half of its industry. The industry median Days Payable is 78.04. Nippon Seisen Co's value of 58.84 is 24.6% below this benchmark. Historically, Nippon Seisen Co's own Days Payable has ranged from 51.66 to 66.81 over the past decade. While the company's 10-year median is 59.19 vs. the industry median of 78.04, Nippon Seisen 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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 Seisen Co's current Days Payable of 58.84 is 24.6% 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 Seisen Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Seisen Co's current Days Payable is 58.84, which is near median its own 10-year median of 59.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Seisen Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Seisen Co (TSE:5659) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,143.13, compared to a current price of 円1,482.00 — trading 29.6% above its estimated fair value. The current Days Payable is 58.84, which is near median its 10-year median of 59.19 and 24.6% below the Industrial Products industry median of 78.04. Nippon Seisen Co's overall GF Score™ is 75/100 with 8 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 Seisen Co (TSE:5659), the current Days Payable is 58.84 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 Seisen Co (TSE:5659) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Seisen Co stock appears to be overvalued. The current stock price of 円1,482.00 is trading 29.6% above its estimated GF Value™ of 円1,143.13. GuruFocus considers Nippon Seisen Co to be Modestly Overvalued.

Key valuation signals for TSE:5659:

  • Days Payable: 58.84 (near median its 10-year median of 59.19)
  • GF Value™: 円1,143.13 vs. price of 円1,482.00 (29.6% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 24.6% below the Industrial Products median (#1856 of 2993)

No single metric tells the full story. See the TSE:5659 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Seisen Co Business Description

Address 1-1 Koraibashi 4-chome, Chuo-ku, Osaka, JPN, 541-0043
Nippon Seisen Co Ltd manufactures Stainless Steel Wires, which are used in vehicles, aircraft, office automation appliances, electric appliances, medical instruments, commodities, and leisure goods. The company's reporting segments are Japan, Thailand, and China/Korea, and the majority of its revenue is generated from Japan.
75GF Score

Get the complete analysis for TSE:5659

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

円1,482.00
Price
円1,143.13
GF Value