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NippiTSE:7932 -0.69%63 Days Payable is 58.07 as of Mar. 2026, which is 31% below its 10-year median of 84.58. GuruFocus rates TSE:7932 with a GF Score™ of 63/100 and a GF Value™ of 円5,707.08 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, Nippi ranks better than 59.39% on this metric.
Nippi's average Accounts Payable for the
three
months ended in Mar. 2026 was 円5,054 Mil. Nippi's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円7,941 Mil.
Hence, Nippi's Days Payable for the
three
months ended in Mar. 2026 was 58.07.
The historical rank and industry rank for Nippi's Days Payable or its related term are showing as below:
TSE:7932'
s Days Payable Range Over the Past 10 Years
Min: 64.85 Med: 84.58 Max: 95.78
Current: 64.85
During the past 13 years, Nippi's highest Days Payable was 95.78. The lowest was 64.85. And the median was 84.58.
TSE:7932's Days Payable is ranked better than 59.39% of 1022
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.31
vs TSE:7932: 64.85
Nippi's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (58.07).
It may suggest that Nippidelayed paying its suppliers.
The historical data trend for Nippi'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.
TSE:7932 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Nippi'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.
Nippi Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nippi's Days Payable distribution charts can be found below:
* The bar in red indicates where Nippi's Days Payable falls into.
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.
Nippi's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Nippi (TSE:7932) has a Days Payable of 58.07 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 Nippi and its competitors. This is 31% below median its historical median of 84.58. Over the past decade, Nippi's Days Payable has ranged from 64.85 to 95.78. According to the industry distribution chart, Nippi ranks #415 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.6%.
Is Nippi's Days Payable too high?
Nippi's current Days Payable of 58.07 is 31% below median its 10-year median of 84.58. Over the past 10 years, this metric has ranged from a low of 64.85 to a high of 95.78. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.31. Nippi's value of 58.07 is 8.9% above this industry median. Based on the distribution chart, Nippi ranks #415 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nippi has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippi's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nippi ranks #415 out of 1022 companies for Days Payable. This puts Nippi in the upper half of its industry. The industry median Days Payable is 53.31. Nippi's value of 58.07 is 8.9% above this benchmark. Historically, Nippi's own Days Payable has ranged from 64.85 to 95.78 over the past decade. While the company's 10-year median is 84.58 vs. the industry median of 53.31, Nippi has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.31, based on 1,022 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. Nippi's current Days Payable of 58.07 is 8.9% above 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 Nippi and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippi's current Days Payable is 58.07, which is 31% below median its own 10-year median of 84.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippi stock overvalued right now?
Based on GuruFocus' analysis, Nippi (TSE:7932) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5,707.08, compared to a current price of 円11,530.00 — trading 102% above its estimated fair value. The current Days Payable is 58.07, which is 31% below median its 10-year median of 84.58 and 8.9% above the Manufacturing - Apparel & Accessories industry median of 53.31. Nippi's overall GF Score™ is 63/100 with 3 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 Nippi (TSE:7932), the current Days Payable is 58.07 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 Nippi (TSE:7932) Overvalued in 2026?
Based on GuruFocus' analysis, Nippi stock appears to be overvalued.
The current stock price of 円11,530.00 is trading 102% above its estimated GF Value™ of 円5,707.08.
GuruFocus considers Nippi to be Significantly Overvalued.
Key valuation signals for TSE:7932:
Days Payable: 58.07 (31% below median its 10-year median of 84.58)
GF Value™: 円5,707.08 vs. price of 円11,530.00 (102% above fair value)
Industry Position: 8.9% above the Manufacturing - Apparel & Accessories median (#415 of 1022)
No single metric tells the full story. See the TSE:7932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippi Inc is engaged in the manufacturing and selling of Leather Products in Japan. It also Manufactures and Sale Collagen Casing for Sausages, Gelatin & Collagen Peptide for food, Pharmaceutical, Industrial, and Photographic use, Cosmetics and Health Foods with Collagen.
63GF Score
Get the complete analysis for TSE:7932
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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