* 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.
For the Specialty Industrial Machinery subindustry, Nissei Plastic Industrial 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.
Nissei Plastic Industrial Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nissei Plastic Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nissei Plastic Industrial Co's Days Payable falls into.
Nissei Plastic Industrial 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.
* 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.
Nissei Plastic Industrial Co (TSE:6293) has a Days Payable of 67.55 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nissei Plastic Industrial Co and its competitors. This is 55% below median its historical median of 151.53. Over the past decade, Nissei Plastic Industrial Co's Days Payable has ranged from 77.58 to 183.69.
Is Nissei Plastic Industrial Co's Days Payable too high?
Nissei Plastic Industrial Co's current Days Payable of 67.55 is 55% below median its 10-year median of 151.53. Over the past 10 years, this metric has ranged from a low of 77.58 to a high of 183.69. The Industrial Products industry median Days Payable is 78.08. Nissei Plastic Industrial Co's value of 67.55 is 13.5% below this industry median. Overall, Nissei Plastic Industrial Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Nissei Plastic Industrial Co's Days Payable compare to GEV and ETN?
Nissei Plastic Industrial Co's Days Payable of 67.55 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.08. Nissei Plastic Industrial Co's value of 67.55 is 13.5% below this benchmark. Historically, Nissei Plastic Industrial Co's own Days Payable has ranged from 77.58 to 183.69 over the past decade. While the company's 10-year median is 151.53 vs. the industry median of 78.08, Nissei Plastic Industrial 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 78.08, based on 2,991 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. Nissei Plastic Industrial Co's current Days Payable of 67.55 is 13.5% 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 Nissei Plastic Industrial Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissei Plastic Industrial Co's current Days Payable is 67.55, which is 55% below median its own 10-year median of 151.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissei Plastic Industrial Co stock overvalued right now?
Nissei Plastic Industrial Co (TSE:6293) has a current Days Payable of 67.55. The stock's GF Value™ is 円943.08, compared to a current price of 円873.00 — trading 7.4% below its estimated fair value. The current Days Payable is 67.55, which is 55% below median its 10-year median of 151.53 and 13.5% below the Industrial Products industry median of 78.08. Nissei Plastic Industrial Co's overall GF Score™ is 44/100 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 Nissei Plastic Industrial Co (TSE:6293), the current Days Payable is 67.55 as of Sep. 2025. 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 Nissei Plastic Industrial Co (TSE:6293) Overvalued in 2026?
Based on GuruFocus' analysis, Nissei Plastic Industrial Co stock appears to be undervalued.
The current stock price of 円873.00 is trading 7.4% below its estimated GF Value™ of 円943.08.
Key valuation signals for TSE:6293:
Days Payable: 67.55 (55% below median its 10-year median of 151.53)
GF Value™: 円943.08 vs. price of 円873.00 (7.4% below fair value)
Industry Position: 13.5% below the Industrial Products median
No single metric tells the full story. See the TSE:6293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissei Plastic Industrial Co Ltd is an injection molding machine manufacturer. Its products made by injection molding machines are used to provide food, medical care, and a variety of other goods to consumers around the world. The company's products include Horizontal Injection Molding Machine, Vertical Injection Molding Machine, Special Injection Molding Machine, and Quality & Production Control System.
44GF Score
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