Nichiha (TSE:7943) Days Payable: 57.61 (As of Mar. 2026) — 22% Below Median


TSE:7943 Nichiha Corp TSE:7943
74 GF Score
Price 円2,930.00
GF Value 円3,330.01
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Nichiha Days Payable?

Nichiha TSE:7943 +0.51% 74 Days Payable is 57.61 as of Mar. 2026, which is 22% below its 10-year median of 73.46. GuruFocus rates TSE:7943 with a GF Score™ of 74/100 and a GF Value™ of 円3,330.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,712 Construction companies, Nichiha ranks worse than 65.77% on this metric.

Nichiha's average Accounts Payable for the three months ended in Mar. 2026 was 円13,397 Mil. Nichiha's Cost of Goods Sold for the three months ended in Mar. 2026 was 円21,220 Mil. Hence, Nichiha's Days Payable for the three months ended in Mar. 2026 was 57.61.

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

TSE:7943' s Days Payable Range Over the Past 10 Years
Min: 53.66   Med: 73.46   Max: 77.44
Current: 55.64

During the past 13 years, Nichiha's highest Days Payable was 77.44. The lowest was 53.66. And the median was 73.46.

TSE:7943's Days Payable is ranked worse than
65.77% of 1712 companies
in the Construction industry
Industry Median: 76.635 vs TSE:7943: 55.64

Nichiha's Days Payable increased from Mar. 2025 (49.01) to Mar. 2026 (57.61). It may suggest that Nichiha delayed paying its suppliers.


Nichiha Days Payable Historical Data

* Premium members only.

The historical data trend for Nichiha'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.

Nichiha Days Payable Chart

Nichiha 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 74.47 73.61 66.73 57.82 53.66

Nichiha Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 49.01 59.45 55.90 52.05 57.61

TSE:7943 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Nichiha'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.


Nichiha Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Nichiha's Days Payable distribution charts can be found below:

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


TSE:7943
74GF Score
Nichiha Corp TSE:7943
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nichiha 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.

Nichiha'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
=( (14871 + 12212) / 2 ) / 92110*365
=13541.5 / 92110*365
=53.66

Nichiha'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (14582 + 12212) / 2 ) / 21220*365 / 4
=13397 / 21220*365 / 4
=57.61

* 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 57.61 mean?
Nichiha (TSE:7943) has a Days Payable of 57.61 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 Nichiha and its competitors. This is 22% below median its historical median of 73.46. Over the past decade, Nichiha's Days Payable has ranged from 53.66 to 77.44. According to the industry distribution chart, Nichiha ranks #1126 out of 1712 companies in the Construction industry, placing it in the top 65.8%.
Is Nichiha's Days Payable too high?
Nichiha's current Days Payable of 57.61 is 22% below median its 10-year median of 73.46. Over the past 10 years, this metric has ranged from a low of 53.66 to a high of 77.44. The Construction industry median Days Payable is 76.64. Nichiha's value of 57.61 is 24.8% below this industry median. Based on the distribution chart, Nichiha ranks #1126 out of 1712 companies in the Construction industry, which is below the industry midpoint. Overall, Nichiha has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nichiha's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Nichiha ranks #1126 out of 1712 companies for Days Payable. This places Nichiha in the lower half of its industry. The industry median Days Payable is 76.64. Nichiha's value of 57.61 is 24.8% below this benchmark. Historically, Nichiha's own Days Payable has ranged from 53.66 to 77.44 over the past decade. While the company's 10-year median is 73.46 vs. the industry median of 76.64, Nichiha 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 Construction company?
The median Days Payable among Construction companies is 76.64, based on 1,712 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. Nichiha's current Days Payable of 57.61 is 24.8% 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 Nichiha and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichiha's current Days Payable is 57.61, which is 22% below median its own 10-year median of 73.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiha stock overvalued right now?
Based on GuruFocus' analysis, Nichiha (TSE:7943) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,330.01, compared to a current price of 円2,930.00 — trading 12% below its estimated fair value. The current Days Payable is 57.61, which is 22% below median its 10-year median of 73.46 and 24.8% below the Construction industry median of 76.64. Nichiha's overall GF Score™ is 74/100 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 Nichiha (TSE:7943), the current Days Payable is 57.61 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 Nichiha (TSE:7943) Overvalued in 2026?

Based on GuruFocus' analysis, Nichiha stock appears to be undervalued. The current stock price of 円2,930.00 is trading 12% below its estimated GF Value™ of 円3,330.01. GuruFocus considers Nichiha to be Modestly Undervalued.

Key valuation signals for TSE:7943:

  • Days Payable: 57.61 (22% below median its 10-year median of 73.46)
  • GF Value™: 円3,330.01 vs. price of 円2,930.00 (12% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 24.8% below the Construction median (#1126 of 1712)

No single metric tells the full story. See the TSE:7943 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nichiha Business Description

Address 2-18-19 Nishiki, Mitsui-Sumitomo Bank Nagoya Building, Nakaku, Nagoya, Aichi, JPN, 4608610
Nichiha Corp is a manufacturer of building materials and products for houses and commercial and public facilities. Its products include exterior fiber cement sidings, roofing materials, remodeling products, face material bearing walls, fire resistant roofing boards, interior building products, thermal insulating products, and fiberboards.
74GF Score

Get the complete analysis for TSE:7943

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

円2,930.00
Price
円3,330.01
GF Value