NITCHITSU Co (TSE:7021) Days Payable: 29.94 (As of Mar. 2026) — 11% Below Median

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TSE:7021 NITCHITSU Co Ltd TSE:7021
65 GF Score
Price 円1,849.00
GF Value 円1,938.66
Valuation Fairly Valued
! 5 Warning Signs
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What is NITCHITSU Co Days Payable?

NITCHITSU Co TSE:7021 +1.04% 65 Days Payable is 29.94 as of Mar. 2026, which is 11% below its 10-year median of 33.74. GuruFocus rates TSE:7021 with a GF Score™ of 65/100 and a GF Value™ of 円1,938.66 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,993 Industrial Products companies, NITCHITSU Co ranks worse than 88.27% on this metric.

NITCHITSU Co's average Accounts Payable for the six months ended in Mar. 2026 was 円662 Mil. NITCHITSU Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円4,034 Mil. Hence, NITCHITSU Co's Days Payable for the six months ended in Mar. 2026 was 29.94.

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

TSE:7021' s Days Payable Range Over the Past 10 Years
Min: 26.84   Med: 33.74   Max: 38.54
Current: 28.89

During the past 13 years, NITCHITSU Co's highest Days Payable was 38.54. The lowest was 26.84. And the median was 33.74.

TSE:7021's Days Payable is ranked worse than
88.27% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs TSE:7021: 28.89

NITCHITSU Co's Days Payable increased from Mar. 2025 (25.66) to Mar. 2026 (29.94). It may suggest that NITCHITSU Co delayed paying its suppliers.


NITCHITSU Co Days Payable Historical Data

* Premium members only.

The historical data trend for NITCHITSU 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.

NITCHITSU Co Days Payable Chart

NITCHITSU 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 33.89 31.53 32.09 26.84 26.87

NITCHITSU 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 32.16 28.75 25.66 29.87 29.94

TSE:7021 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, NITCHITSU 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.


NITCHITSU Co Days Payable vs Industrial Products Industry

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

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


TSE:7021
65GF Score
NITCHITSU Co Ltd TSE:7021
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NITCHITSU 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.

NITCHITSU 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
=( (623.785 + 583.464) / 2 ) / 8199.304*365
=603.6245 / 8199.304*365
=26.87

NITCHITSU 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
=( (739.85 + 583.464) / 2 ) / 4033.813*365 / 2
=661.657 / 4033.813*365 / 2
=29.94

* 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 29.94 mean?
NITCHITSU Co (TSE:7021) has a Days Payable of 29.94 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 NITCHITSU Co and its competitors. This is 11% below median its historical median of 33.74. Over the past decade, NITCHITSU Co's Days Payable has ranged from 26.84 to 38.54. According to the industry distribution chart, NITCHITSU Co ranks #2642 out of 2993 companies in the Industrial Products industry, placing it in the top 88.3%.
Is NITCHITSU Co's Days Payable too high?
NITCHITSU Co's current Days Payable of 29.94 is 11% below median its 10-year median of 33.74. Over the past 10 years, this metric has ranged from a low of 26.84 to a high of 38.54. The Industrial Products industry median Days Payable is 78.04. NITCHITSU Co's value of 29.94 is 61.6% below this industry median. Based on the distribution chart, NITCHITSU Co ranks #2642 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NITCHITSU Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NITCHITSU Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NITCHITSU Co ranks #2642 out of 2993 companies for Days Payable. This places NITCHITSU Co in the lower half of its industry. The industry median Days Payable is 78.04. NITCHITSU Co's value of 29.94 is 61.6% below this benchmark. Historically, NITCHITSU Co's own Days Payable has ranged from 26.84 to 38.54 over the past decade. While the company's 10-year median is 33.74 vs. the industry median of 78.04, NITCHITSU 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. NITCHITSU Co's current Days Payable of 29.94 is 61.6% 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 NITCHITSU 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. NITCHITSU Co's current Days Payable is 29.94, which is 11% below median its own 10-year median of 33.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NITCHITSU Co stock overvalued right now?
Based on GuruFocus' analysis, NITCHITSU Co (TSE:7021) is currently considered Fairly Valued. The stock's GF Value™ is 円1,938.66, compared to a current price of 円1,849.00 — trading 4.6% below its estimated fair value. The current Days Payable is 29.94, which is 11% below median its 10-year median of 33.74 and 61.6% below the Industrial Products industry median of 78.04. NITCHITSU Co's overall GF Score™ is 65/100 with 5 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 NITCHITSU Co (TSE:7021), the current Days Payable is 29.94 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 NITCHITSU Co (TSE:7021) Overvalued in 2026?

Based on GuruFocus' analysis, NITCHITSU Co stock appears to be undervalued. The current stock price of 円1,849.00 is trading 4.6% below its estimated GF Value™ of 円1,938.66. GuruFocus considers NITCHITSU Co to be Fairly Valued.

Key valuation signals for TSE:7021:

  • Days Payable: 29.94 (11% below median its 10-year median of 33.74)
  • GF Value™: 円1,938.66 vs. price of 円1,849.00 (4.6% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 61.6% below the Industrial Products median (#2642 of 2993)

No single metric tells the full story. See the TSE:7021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NITCHITSU Co Business Description

Address 1-11-30 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
NITCHITSU Co Ltd is a diversified industrial machinery manufacturing company. It is organized into four business units - Machinery related business, Resource related business, Real estate-related business, and Material related business. The Machinery related business manufactures and sells air preheaters and their elements, marine equipment and industrial equipment. The Resource business is engaged in the mining, processing and selling of crystalline limestone. The Real estate-related business is engaged in property leasing activities. The Material division manufactures and sells heat-resistant paints and purchases, processes and sell of linatex.
65GF Score

Get the complete analysis for TSE:7021

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

円1,849.00
Price
円1,938.66
GF Value