NEIS Co (TSE:589A) Days Payable: 0.49 (As of Feb. 2026) — 29% Above Median

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TSE:589A NEIS Co Ltd TSE:589A
15 GF Score
Price 円1,217.00
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What is NEIS Co Days Payable?

NEIS Co TSE:589A +0.58% 15 Days Payable is 0.49 as of Feb. 2026, which is 29% above its 10-year median of 0.38. GuruFocus rates TSE:589A with a GF Score™ of 15/100. Among 210 Education companies, NEIS Co ranks worse than 96.67% on this metric.

NEIS Co's average Accounts Payable for the six months ended in Feb. 2026 was 円2 Mil. NEIS Co's Cost of Goods Sold for the six months ended in Feb. 2026 was 円858 Mil. Hence, NEIS Co's Days Payable for the six months ended in Feb. 2026 was 0.49.

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

TSE:589A' s Days Payable Range Over the Past 10 Years
Min: 0.2   Med: 0.38   Max: 0.98
Current: 0.98

During the past 2 years, NEIS Co's highest Days Payable was 0.98. The lowest was 0.20. And the median was 0.38.

TSE:589A's Days Payable is ranked worse than
96.67% of 210 companies
in the Education industry
Industry Median: 34.365 vs TSE:589A: 0.98

NEIS Co's Days Payable increased from Aug. 2024 (0.00) to Feb. 2026 (0.49). It may suggest that NEIS Co delayed paying its suppliers.


NEIS Co Days Payable Historical Data

* Premium members only.

The historical data trend for NEIS 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.

NEIS Co Days Payable Chart

NEIS Co Annual Data
Trend Aug24 Aug25
Days Payable
0.20 0.55

NEIS Co Semi-Annual Data
Aug24 Aug25 Feb26
Days Payable 0.00 0.00 0.49

TSE:589A vs EDU, TAL, LAUR: Days Payable Comparison

For the Education & Training Services subindustry, NEIS 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.


NEIS Co Days Payable vs Education Industry

For the Education industry and Consumer Defensive sector, NEIS Co's Days Payable distribution charts can be found below:

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


TSE:589A
15GF Score
NEIS Co Ltd TSE:589A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEIS 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.

NEIS Co's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (0.714 + 3.986) / 2 ) / 1552.56*365
=2.35 / 1552.56*365
=0.55

NEIS Co's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (3.986 + 0.633) / 2 ) / 858.277*365 / 2
=2.3095 / 858.277*365 / 2
=0.49

* 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 0.49 mean?
NEIS Co (TSE:589A) has a Days Payable of 0.49 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NEIS Co and its competitors. This is 29% above median its historical median of 0.38. Over the past decade, NEIS Co's Days Payable has ranged from 0.20 to 0.98. According to the industry distribution chart, NEIS Co ranks #203 out of 210 companies in the Education industry, placing it in the top 96.7%.
Is NEIS Co's Days Payable too high?
NEIS Co's current Days Payable of 0.49 is 29% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.98. The Education industry median Days Payable is 34.37. NEIS Co's value of 0.49 is 98.6% below this industry median. Based on the distribution chart, NEIS Co ranks #203 out of 210 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, NEIS Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does NEIS Co's Days Payable compare to EDU and TAL?
According to the Education industry distribution chart, NEIS Co ranks #203 out of 210 companies for Days Payable. This places NEIS Co in the lower half of its industry. The industry median Days Payable is 34.37. NEIS Co's value of 0.49 is 98.6% below this benchmark. Historically, NEIS Co's own Days Payable has ranged from 0.20 to 0.98 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 34.37, NEIS 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 Education company?
The median Days Payable among Education companies is 34.37, based on 210 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. NEIS Co's current Days Payable of 0.49 is 98.6% 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 NEIS Co and its competitors. For the Education industry, the median Days Payable is 34.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEIS Co's current Days Payable is 0.49, which is 29% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEIS Co stock overvalued right now?
NEIS Co (TSE:589A) has a current Days Payable of 0.49. The current Days Payable is 0.49, which is 29% above median its 10-year median of 0.38 and 98.6% below the Education industry median of 34.37. NEIS Co's overall GF Score™ is 15/100. 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 NEIS Co (TSE:589A), the current Days Payable is 0.49 as of Feb. 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.

NEIS Co Business Description

Address 1-3-11 Fujimi, Chiyoda-ku, 3rd Floor, Fujimi Duplex Biz, Tokyo, JPN, 102-0071
NEIS Co Ltd operates gymnastics classes and developmental support businesses for children. Its operations include the children's gymnastics school Neith Gymnastics School, which provides exercise-based programs for children, and the developmental support class NeiPlus School, which provides support services for children with developmental disabilities. The company also develops and manufactures exercise equipment used in its classrooms.
15GF Score

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円1,217.00
Price