Nisshin Group Holdings Co (TSE:8881) Days Payable: 16.28 (As of Mar. 2026) — 55% Below Median

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TSE:8881 Nisshin Group Holdings Co Ltd TSE:8881
68 GF Score
Price 円666.00
GF Value 円577.87
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nisshin Group Holdings Co Days Payable?

Nisshin Group Holdings Co TSE:8881 -0.15% 68 Days Payable is 16.28 as of Mar. 2026, which is 55% below its 10-year median of 35.89. GuruFocus rates TSE:8881 with a GF Score™ of 68/100 and a GF Value™ of 円577.87 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,571 Real Estate companies, Nisshin Group Holdings Co ranks worse than 84.4% on this metric.

Nisshin Group Holdings Co's average Accounts Payable for the three months ended in Mar. 2026 was 円4,825 Mil. Nisshin Group Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円27,052 Mil. Hence, Nisshin Group Holdings Co's Days Payable for the three months ended in Mar. 2026 was 16.28.

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

TSE:8881' s Days Payable Range Over the Past 10 Years
Min: 22.45   Med: 35.89   Max: 60.57
Current: 24.9

During the past 13 years, Nisshin Group Holdings Co's highest Days Payable was 60.57. The lowest was 22.45. And the median was 35.89.

TSE:8881's Days Payable is ranked worse than
84.4% of 1571 companies
in the Real Estate industry
Industry Median: 94.03 vs TSE:8881: 24.90

Nisshin Group Holdings Co's Days Payable declined from Mar. 2025 (17.19) to Mar. 2026 (16.28). It may suggest that Nisshin Group Holdings Co accelerated paying its suppliers.


Nisshin Group Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nisshin Group Holdings 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.

Nisshin Group Holdings Co Days Payable Chart

Nisshin Group Holdings 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 24.44 22.45 23.94 28.95 27.69

Nisshin Group Holdings Co 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 17.19 41.23 25.39 23.58 16.28

TSE:8881 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Nisshin Group Holdings 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.


Nisshin Group Holdings Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nisshin Group Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nisshin Group Holdings Co's Days Payable falls into.


TSE:8881
68GF Score
Nisshin Group Holdings Co Ltd TSE:8881
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nisshin Group Holdings 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.

Nisshin Group Holdings 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
=( (5777.299 + 5417.929) / 2 ) / 73789.915*365
=5597.614 / 73789.915*365
=27.69

Nisshin Group Holdings 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4232.914 + 5417.929) / 2 ) / 27052.13*365 / 4
=4825.4215 / 27052.13*365 / 4
=16.28

* 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 16.28 mean?
Nisshin Group Holdings Co (TSE:8881) has a Days Payable of 16.28 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 Nisshin Group Holdings Co and its competitors. This is 55% below median its historical median of 35.89. Over the past decade, Nisshin Group Holdings Co's Days Payable has ranged from 22.45 to 60.57. According to the industry distribution chart, Nisshin Group Holdings Co ranks #1326 out of 1571 companies in the Real Estate industry, placing it in the top 84.4%.
Is Nisshin Group Holdings Co's Days Payable too high?
Nisshin Group Holdings Co's current Days Payable of 16.28 is 55% below median its 10-year median of 35.89. Over the past 10 years, this metric has ranged from a low of 22.45 to a high of 60.57. The Real Estate industry median Days Payable is 94.03. Nisshin Group Holdings Co's value of 16.28 is 82.7% below this industry median. Based on the distribution chart, Nisshin Group Holdings Co ranks #1326 out of 1571 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Nisshin Group Holdings Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nisshin Group Holdings Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nisshin Group Holdings Co ranks #1326 out of 1571 companies for Days Payable. This places Nisshin Group Holdings Co in the lower half of its industry. The industry median Days Payable is 94.03. Nisshin Group Holdings Co's value of 16.28 is 82.7% below this benchmark. Historically, Nisshin Group Holdings Co's own Days Payable has ranged from 22.45 to 60.57 over the past decade. While the company's 10-year median is 35.89 vs. the industry median of 94.03, Nisshin Group Holdings 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,571 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. Nisshin Group Holdings Co's current Days Payable of 16.28 is 82.7% 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 Nisshin Group Holdings Co and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nisshin Group Holdings Co's current Days Payable is 16.28, which is 55% below median its own 10-year median of 35.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshin Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nisshin Group Holdings Co (TSE:8881) is currently considered Modestly Overvalued. The stock's GF Value™ is 円577.87, compared to a current price of 円666.00 — trading 15.3% above its estimated fair value. The current Days Payable is 16.28, which is 55% below median its 10-year median of 35.89 and 82.7% below the Real Estate industry median of 94.03. Nisshin Group Holdings Co's overall GF Score™ is 68/100 with 2 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 Nisshin Group Holdings Co (TSE:8881), the current Days Payable is 16.28 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 Nisshin Group Holdings Co (TSE:8881) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshin Group Holdings Co stock appears to be overvalued. The current stock price of 円666.00 is trading 15.3% above its estimated GF Value™ of 円577.87. GuruFocus considers Nisshin Group Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:8881:

  • Days Payable: 16.28 (55% below median its 10-year median of 35.89)
  • GF Value™: 円577.87 vs. price of 円666.00 (15.3% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 82.7% below the Real Estate median (#1326 of 1571)

No single metric tells the full story. See the TSE:8881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nisshin Group Holdings Co Business Description

Address 5-8-1, Shinjuku, Tokyo, JPN, 160-8411
Nisshin Group Holdings Co Ltd is a Japan-based company operating in the real estate sector. The company is primarily engaged in the planning, development, and sale of apartments. It sells apartments under the brand name Palais Stage and Duo stage. The company is also engaged in building and apartment rental work, renovation, second-hand property, new construction condominium and general real estate business. Nisshin Fudosan has properties located at Tokyo, Kanagawa, Saitama in Japan.
68GF Score

Get the complete analysis for TSE:8881

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

円666.00
Price
円577.87
GF Value