Nihon Seiko Co (TSE:5729) Days Payable: 22.55 (As of Mar. 2026) — 23% Below Median

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TSE:5729 Nihon Seiko Co Ltd TSE:5729
77 GF Score
Price 円1,528.00
GF Value 円2,178.81
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Nihon Seiko Co Days Payable?

Nihon Seiko Co TSE:5729 -2.24% 77 Days Payable is 22.55 as of Mar. 2026, which is 23% below its 10-year median of 29.33. GuruFocus rates TSE:5729 with a GF Score™ of 77/100 and a GF Value™ of 円2,178.81 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,553 Chemicals companies, Nihon Seiko Co ranks worse than 85.06% on this metric.

Nihon Seiko Co's average Accounts Payable for the six months ended in Mar. 2026 was 円2,205 Mil. Nihon Seiko Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円17,848 Mil. Hence, Nihon Seiko Co's Days Payable for the six months ended in Mar. 2026 was 22.55.

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

TSE:5729' s Days Payable Range Over the Past 10 Years
Min: 22.33   Med: 29.33   Max: 34
Current: 24.95

During the past 13 years, Nihon Seiko Co's highest Days Payable was 34.00. The lowest was 22.33. And the median was 29.33.

TSE:5729's Days Payable is ranked worse than
85.06% of 1553 companies
in the Chemicals industry
Industry Median: 59.87 vs TSE:5729: 24.95

Nihon Seiko Co's Days Payable declined from Mar. 2025 (33.47) to Mar. 2026 (22.55). It may suggest that Nihon Seiko Co accelerated paying its suppliers.


Nihon Seiko Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nihon Seiko 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 Seiko Co Days Payable Chart

Nihon Seiko 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 34.00 32.46 30.03 33.42 22.63

Nihon Seiko 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 36.52 28.64 33.47 30.25 22.55

TSE:5729 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Nihon Seiko 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 Seiko Co Days Payable vs Chemicals Industry

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

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


TSE:5729
77GF Score
Nihon Seiko Co Ltd TSE:5729
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Seiko 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 Seiko 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
=( (2388.24 + 1723.307) / 2 ) / 33155.204*365
=2055.7735 / 33155.204*365
=22.63

Nihon Seiko 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
=( (2686.346 + 1723.307) / 2 ) / 17847.864*365 / 2
=2204.8265 / 17847.864*365 / 2
=22.55

* 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 22.55 mean?
Nihon Seiko Co (TSE:5729) has a Days Payable of 22.55 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 Nihon Seiko Co and its competitors. This is 23% below median its historical median of 29.33. Over the past decade, Nihon Seiko Co's Days Payable has ranged from 22.33 to 34.00. According to the industry distribution chart, Nihon Seiko Co ranks #1321 out of 1553 companies in the Chemicals industry, placing it in the top 85.1%.
Is Nihon Seiko Co's Days Payable too high?
Nihon Seiko Co's current Days Payable of 22.55 is 23% below median its 10-year median of 29.33. Over the past 10 years, this metric has ranged from a low of 22.33 to a high of 34.00. The Chemicals industry median Days Payable is 59.87. Nihon Seiko Co's value of 22.55 is 62.3% below this industry median. Based on the distribution chart, Nihon Seiko Co ranks #1321 out of 1553 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Nihon Seiko Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Seiko Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Nihon Seiko Co ranks #1321 out of 1553 companies for Days Payable. This places Nihon Seiko Co in the lower half of its industry. The industry median Days Payable is 59.87. Nihon Seiko Co's value of 22.55 is 62.3% below this benchmark. Historically, Nihon Seiko Co's own Days Payable has ranged from 22.33 to 34.00 over the past decade. While the company's 10-year median is 29.33 vs. the industry median of 59.87, Nihon Seiko 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,553 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 Seiko Co's current Days Payable of 22.55 is 62.3% 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 Seiko Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Seiko Co's current Days Payable is 22.55, which is 23% below median its own 10-year median of 29.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Seiko Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Seiko Co (TSE:5729) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,178.81, compared to a current price of 円1,528.00 — trading 29.9% below its estimated fair value. The current Days Payable is 22.55, which is 23% below median its 10-year median of 29.33 and 62.3% below the Chemicals industry median of 59.87. Nihon Seiko Co's overall GF Score™ is 77/100 with 2 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 Seiko Co (TSE:5729), the current Days Payable is 22.55 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 Nihon Seiko Co (TSE:5729) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Seiko Co stock appears to be undervalued. The current stock price of 円1,528.00 is trading 29.9% below its estimated GF Value™ of 円2,178.81. GuruFocus considers Nihon Seiko Co to be Significantly Undervalued.

Key valuation signals for TSE:5729:

  • Days Payable: 22.55 (23% below median its 10-year median of 29.33)
  • GF Value™: 円2,178.81 vs. price of 円1,528.00 (29.9% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 62.3% below the Chemicals median (#1321 of 1553)

No single metric tells the full story. See the TSE:5729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Seiko Co Business Description

Address 3-2 Shimomiyabi-cho, Shinjuku-ku, Tokyo, JPN, 162-0822
Nihon Seiko Co Ltd is engaged in the manufacture and sale of antimony products and metallic powder products in Japan. Its products include antimony trioxide, special treatment antimony trioxide, antimony metal sodium antimonite and antimony trisulfide.
77GF Score

Get the complete analysis for TSE:5729

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

円1,528.00
Price
円2,178.81
GF Value