Nihon Plast Co (TSE:7291) Days Payable: 35.08 (As of Mar. 2026) — 23% Below Median


TSE:7291 Nihon Plast Co Ltd TSE:7291
66 GF Score
Price 円469.00
GF Value 円412.46
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Nihon Plast Co Days Payable?

Nihon Plast Co TSE:7291 +0.21% 66 Days Payable is 35.08 as of Mar. 2026, which is 23% below its 10-year median of 45.74. GuruFocus rates TSE:7291 with a GF Score™ of 66/100 and a GF Value™ of 円412.46 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Nihon Plast Co ranks worse than 79.95% on this metric.

Nihon Plast Co's average Accounts Payable for the six months ended in Mar. 2026 was 円10,160 Mil. Nihon Plast Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円52,854 Mil. Hence, Nihon Plast Co's Days Payable for the six months ended in Mar. 2026 was 35.08.

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

TSE:7291' s Days Payable Range Over the Past 10 Years
Min: 35.75   Med: 45.74   Max: 52
Current: 36.53

During the past 13 years, Nihon Plast Co's highest Days Payable was 52.00. The lowest was 35.75. And the median was 45.74.

TSE:7291's Days Payable is ranked worse than
79.95% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 67.02 vs TSE:7291: 36.53

Nihon Plast Co's Days Payable declined from Mar. 2025 (36.36) to Mar. 2026 (35.08). It may suggest that Nihon Plast Co accelerated paying its suppliers.


Nihon Plast Co Days Payable Historical Data

* Premium members only.

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

Nihon Plast 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 47.40 37.28 35.75 38.45 38.07

Nihon Plast 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 34.08 38.40 36.36 36.46 35.08

TSE:7291 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Nihon Plast 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 Plast Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nihon Plast Co's Days Payable distribution charts can be found below:

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


TSE:7291
66GF Score
Nihon Plast Co Ltd TSE:7291
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Plast 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 Plast 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
=( (10764 + 10834) / 2 ) / 103541*365
=10799 / 103541*365
=38.07

Nihon Plast 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
=( (9486 + 10834) / 2 ) / 52854*365 / 2
=10160 / 52854*365 / 2
=35.08

* 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 35.08 mean?
Nihon Plast Co (TSE:7291) has a Days Payable of 35.08 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 Plast Co and its competitors. This is 23% below median its historical median of 45.74. Over the past decade, Nihon Plast Co's Days Payable has ranged from 35.75 to 52.00. According to the industry distribution chart, Nihon Plast Co ranks #1045 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 80%.
Is Nihon Plast Co's Days Payable too high?
Nihon Plast Co's current Days Payable of 35.08 is 23% below median its 10-year median of 45.74. Over the past 10 years, this metric has ranged from a low of 35.75 to a high of 52.00. The Vehicles & Parts industry median Days Payable is 67.02. Nihon Plast Co's value of 35.08 is 47.7% below this industry median. Based on the distribution chart, Nihon Plast Co ranks #1045 out of 1307 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nihon Plast Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Plast Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nihon Plast Co ranks #1045 out of 1307 companies for Days Payable. This places Nihon Plast Co in the lower half of its industry. The industry median Days Payable is 67.02. Nihon Plast Co's value of 35.08 is 47.7% below this benchmark. Historically, Nihon Plast Co's own Days Payable has ranged from 35.75 to 52.00 over the past decade. While the company's 10-year median is 45.74 vs. the industry median of 67.02, Nihon Plast 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,307 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 Plast Co's current Days Payable of 35.08 is 47.7% 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 Nihon Plast Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Plast Co's current Days Payable is 35.08, which is 23% below median its own 10-year median of 45.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Plast Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Plast Co (TSE:7291) is currently considered Modestly Overvalued. The stock's GF Value™ is 円412.46, compared to a current price of 円469.00 — trading 13.7% above its estimated fair value. The current Days Payable is 35.08, which is 23% below median its 10-year median of 45.74 and 47.7% below the Vehicles & Parts industry median of 67.02. Nihon Plast Co's overall GF Score™ is 66/100 with 4 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 Plast Co (TSE:7291), the current Days Payable is 35.08 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 Plast Co (TSE:7291) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Plast Co stock appears to be overvalued. The current stock price of 円469.00 is trading 13.7% above its estimated GF Value™ of 円412.46. GuruFocus considers Nihon Plast Co to be Modestly Overvalued.

Key valuation signals for TSE:7291:

  • Days Payable: 35.08 (23% below median its 10-year median of 45.74)
  • GF Value™: 円412.46 vs. price of 円469.00 (13.7% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 47.7% below the Vehicles & Parts median (#1045 of 1307)

No single metric tells the full story. See the TSE:7291 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Plast Co Business Description

Address 507-15 yamamiya, Fuji Shi, Shizuoka, JPN, 417-0047
Nihon Plast Co Ltd is engaged in the manufacturing, sale and processing of synthetic resins, packing for different types of machines and chemical products, automotive parts and design, manufacture and sale of electrical components.
66GF Score

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

円469.00
Price
円412.46
GF Value