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NiceTSE:8089 -0.21%61 Days Payable is 33.38 as of Mar. 2026, which is 35% below its 10-year median of 50.99. GuruFocus rates TSE:8089 with a GF Score™ of 61/100 and a GF Value™ of 円1,870.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 155 Industrial Distribution companies, Nice ranks worse than 72.9% on this metric.
Nice's average Accounts Payable for the
six
months ended in Mar. 2026 was 円21,946 Mil. Nice's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円119,984 Mil.
Hence, Nice's Days Payable for the
six
months ended in Mar. 2026 was 33.38.
The historical rank and industry rank for Nice's Days Payable or its related term are showing as below:
TSE:8089'
s Days Payable Range Over the Past 10 Years
Min: 37.52 Med: 50.99 Max: 65.69
Current: 37.52
During the past 13 years, Nice's highest Days Payable was 65.69. The lowest was 37.52. And the median was 50.99.
TSE:8089's Days Payable is ranked worse than 72.9% of 155
companies
in the Industrial Distribution industry
Industry Median: 57.55
vs TSE:8089: 37.52
Nice's Days Payable
declined
from Mar. 2025 (35.27) to Mar. 2026 (33.38).
It may suggest that Niceaccelerated paying its suppliers.
Nice Days Payable Related Terms
Nice Days Payable Historical Data
* Premium members only.
The historical data trend for Nice'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:8089 vs GWW, FAST, FERG: Days Payable Comparison
For the Industrial Distribution subindustry, Nice'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.
Nice Days Payable vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Nice's Days Payable distribution charts can be found below:
* The bar in red indicates where Nice'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.
Nice'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.
Nice (TSE:8089) has a Days Payable of 33.38 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 Nice and its competitors. This is 35% below median its historical median of 50.99. Over the past decade, Nice's Days Payable has ranged from 37.52 to 65.69. According to the industry distribution chart, Nice ranks #113 out of 155 companies in the Industrial Distribution industry, placing it in the top 72.9%.
Is Nice's Days Payable too high?
Nice's current Days Payable of 33.38 is 35% below median its 10-year median of 50.99. Over the past 10 years, this metric has ranged from a low of 37.52 to a high of 65.69. The Industrial Distribution industry median Days Payable is 57.55. Nice's value of 33.38 is 42% below this industry median. Based on the distribution chart, Nice ranks #113 out of 155 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Nice has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nice's Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Nice ranks #113 out of 155 companies for Days Payable. This places Nice in the lower half of its industry. The industry median Days Payable is 57.55. Nice's value of 33.38 is 42% below this benchmark. Historically, Nice's own Days Payable has ranged from 37.52 to 65.69 over the past decade. While the company's 10-year median is 50.99 vs. the industry median of 57.55, Nice 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 Distribution company?
The median Days Payable among Industrial Distribution companies is 57.55, based on 155 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. Nice's current Days Payable of 33.38 is 42% 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 Nice and its competitors. For the Industrial Distribution industry, the median Days Payable is 57.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nice's current Days Payable is 33.38, which is 35% below median its own 10-year median of 50.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nice stock overvalued right now?
Based on GuruFocus' analysis, Nice (TSE:8089) is currently considered Fairly Valued. The stock's GF Value™ is 円1,870.00, compared to a current price of 円1,913.00 — trading 2.3% above its estimated fair value. The current Days Payable is 33.38, which is 35% below median its 10-year median of 50.99 and 42% below the Industrial Distribution industry median of 57.55. Nice's overall GF Score™ is 61/100 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 Nice (TSE:8089), the current Days Payable is 33.38 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 Nice (TSE:8089) Overvalued in 2026?
Based on GuruFocus' analysis, Nice stock appears to be overvalued.
The current stock price of 円1,913.00 is trading 2.3% above its estimated GF Value™ of 円1,870.00.
GuruFocus considers Nice to be Fairly Valued.
Key valuation signals for TSE:8089:
Days Payable: 33.38 (35% below median its 10-year median of 50.99)
GF Value™: 円1,870.00 vs. price of 円1,913.00 (2.3% above fair value)
Industry Position: 42% below the Industrial Distribution median (#113 of 155)
No single metric tells the full story. See the TSE:8089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nice Corp is engaged in the business related to housing. Principally, it is involved in the supply and sale of timber and construction materials and promotion of wooden buildings. The company offers timber products, structural frames, construction materials, housing equipment, and imported home products for material and furniture companies. Additionally, it is also into real estate agency business.
61GF Score
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