Nomura (TSE:7131) Days Payable: 28.78 (As of Apr. 2026) — 32% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7131 Nomura Corp TSE:7131
82 GF Score
Price 円3,685.00
GF Value 円2,262.51
Valuation Significantly Overvalued
View Full Analysis

What is Nomura Days Payable?

Nomura TSE:7131 -1.99% 82 Days Payable is 28.78 as of Apr. 2026, which is 32% below its 10-year median of 42.52. GuruFocus rates TSE:7131 with a GF Score™ of 82/100 and a GF Value™ of 円2,262.51 (Significantly Overvalued). Among 382 Packaging & Containers companies, Nomura ranks worse than 82.46% on this metric.

Nomura's average Accounts Payable for the three months ended in Apr. 2026 was 円464 Mil. Nomura's Cost of Goods Sold for the three months ended in Apr. 2026 was 円1,470 Mil. Hence, Nomura's Days Payable for the three months ended in Apr. 2026 was 28.78.

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

TSE:7131' s Days Payable Range Over the Past 10 Years
Min: 30.39   Med: 42.52   Max: 42.93
Current: 30.45

During the past 7 years, Nomura's highest Days Payable was 42.93. The lowest was 30.39. And the median was 42.52.

TSE:7131's Days Payable is ranked worse than
82.46% of 382 companies
in the Packaging & Containers industry
Industry Median: 57.265 vs TSE:7131: 30.45

Nomura's Days Payable increased from Apr. 2025 (0.00) to Apr. 2026 (28.78). It may suggest that Nomura delayed paying its suppliers.


Nomura Days Payable Historical Data

* Premium members only.

The historical data trend for Nomura'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.

Nomura Days Payable Chart

Nomura Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial 42.58 42.52 35.93 30.39 30.73

Nomura Quarterly Data
Oct20 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 31.41 27.54 29.44 28.78

TSE:7131 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Nomura'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.


Nomura Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Nomura's Days Payable distribution charts can be found below:

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


TSE:7131
82GF Score
Nomura Corp TSE:7131
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nomura 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.

Nomura's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (440.686 + 434.608) / 2 ) / 5197.705*365
=437.647 / 5197.705*365
=30.73

Nomura's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (358.245 + 569.084) / 2 ) / 1469.987*365 / 4
=463.6645 / 1469.987*365 / 4
=28.78

* 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 28.78 mean?
Nomura (TSE:7131) has a Days Payable of 28.78 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nomura and its competitors. This is 32% below median its historical median of 42.52. Over the past decade, Nomura's Days Payable has ranged from 30.39 to 42.93. According to the industry distribution chart, Nomura ranks #315 out of 382 companies in the Packaging & Containers industry, placing it in the top 82.5%.
Is Nomura's Days Payable too high?
Nomura's current Days Payable of 28.78 is 32% below median its 10-year median of 42.52. Over the past 10 years, this metric has ranged from a low of 30.39 to a high of 42.93. The Packaging & Containers industry median Days Payable is 57.27. Nomura's value of 28.78 is 49.7% below this industry median. Based on the distribution chart, Nomura ranks #315 out of 382 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Nomura has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nomura's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Nomura ranks #315 out of 382 companies for Days Payable. This places Nomura in the lower half of its industry. The industry median Days Payable is 57.27. Nomura's value of 28.78 is 49.7% below this benchmark. Historically, Nomura's own Days Payable has ranged from 30.39 to 42.93 over the past decade. While the company's 10-year median is 42.52 vs. the industry median of 57.27, Nomura 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 382 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. Nomura's current Days Payable of 28.78 is 49.7% 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 Nomura and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura's current Days Payable is 28.78, which is 32% below median its own 10-year median of 42.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura stock overvalued right now?
Based on GuruFocus' analysis, Nomura (TSE:7131) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,262.51, compared to a current price of 円3,685.00 — trading 62.9% above its estimated fair value. The current Days Payable is 28.78, which is 32% below median its 10-year median of 42.52 and 49.7% below the Packaging & Containers industry median of 57.27. Nomura's overall GF Score™ is 82/100. 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 Nomura (TSE:7131), the current Days Payable is 28.78 as of Apr. 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 Nomura (TSE:7131) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura stock appears to be overvalued. The current stock price of 円3,685.00 is trading 62.9% above its estimated GF Value™ of 円2,262.51. GuruFocus considers Nomura to be Significantly Overvalued.

Key valuation signals for TSE:7131:

  • Days Payable: 28.78 (32% below median its 10-year median of 42.52)
  • GF Value™: 円2,262.51 vs. price of 円3,685.00 (62.9% above fair value)
  • GF Score™: 82/100
  • Industry Position: 49.7% below the Packaging & Containers median (#315 of 382)

No single metric tells the full story. See the TSE:7131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomura Business Description

Address 5-32-23 Maesawa, Higashikurume, Tokyo, JPN, 203-0032
Nomura Corp is engaged in manufacturing and selling food and other packaging materials, with a focus on rice polishing bags, and automatic weighing and packaging machines for rice. In addition, the group provides logistics and packaging solutions, which involve the purchase and sale of products such as packaging machines and materials for wrapping, filling, and sealing. Its product portfolio comprises air and paper cushioning manufacturing machines and specialized film materials, packing tape, dispensers, and box sealing machines etc. The group has two reportable segments: packaging-related business, which derives maximum revenue, and the logistics and packaging business.
82GF Score

Get the complete analysis for TSE:7131

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

円3,685.00
Price
円2,262.51
GF Value