Nippon Kanzai Holdings Co (TSE:9347) Days Payable: 23.62 (As of Mar. 2026) — 32% Below Median

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TSE:9347 Nippon Kanzai Holdings Co Ltd TSE:9347
88 GF Score
Price 円2,784.00
GF Value 円3,320.04
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Nippon Kanzai Holdings Co Days Payable?

Nippon Kanzai Holdings Co TSE:9347 +1.94% 88 Days Payable is 23.62 as of Mar. 2026, which is 32% below its 10-year median of 34.64. GuruFocus rates TSE:9347 with a GF Score™ of 88/100 and a GF Value™ of 円3,320.04 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,570 Real Estate companies, Nippon Kanzai Holdings Co ranks worse than 85.29% on this metric.

Nippon Kanzai Holdings Co's average Accounts Payable for the three months ended in Mar. 2026 was 円7,647 Mil. Nippon Kanzai Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円29,543 Mil. Hence, Nippon Kanzai Holdings Co's Days Payable for the three months ended in Mar. 2026 was 23.62.

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

TSE:9347' s Days Payable Range Over the Past 10 Years
Min: 23.66   Med: 34.64   Max: 39.45
Current: 23.66

During the past 13 years, Nippon Kanzai Holdings Co's highest Days Payable was 39.45. The lowest was 23.66. And the median was 34.64.

TSE:9347's Days Payable is ranked worse than
85.29% of 1570 companies
in the Real Estate industry
Industry Median: 92.92 vs TSE:9347: 23.66

Nippon Kanzai Holdings Co's Days Payable increased from Mar. 2025 (22.46) to Mar. 2026 (23.62). It may suggest that Nippon Kanzai Holdings Co delayed paying its suppliers.


Nippon Kanzai Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Kanzai 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.

Nippon Kanzai Holdings Co Days Payable Chart

Nippon Kanzai Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.45 34.52 27.04 29.01 29.08

Nippon Kanzai Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 22.46 24.88 19.89 20.87 23.62

TSE:9347 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Nippon Kanzai 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.


Nippon Kanzai Holdings Co Days Payable vs Real Estate Industry

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

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


TSE:9347
88GF Score
Nippon Kanzai Holdings Co Ltd TSE:9347
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Kanzai 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.

Nippon Kanzai 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
=( (7924 + 9101) / 2 ) / 106832*365
=8512.5 / 106832*365
=29.08

Nippon Kanzai 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
=( (6193 + 9101) / 2 ) / 29543*365 / 4
=7647 / 29543*365 / 4
=23.62

* 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 23.62 mean?
Nippon Kanzai Holdings Co (TSE:9347) has a Days Payable of 23.62 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 Nippon Kanzai Holdings Co and its competitors. This is 32% below median its historical median of 34.64. Over the past decade, Nippon Kanzai Holdings Co's Days Payable has ranged from 23.66 to 39.45. According to the industry distribution chart, Nippon Kanzai Holdings Co ranks #1339 out of 1570 companies in the Real Estate industry, placing it in the top 85.3%.
Is Nippon Kanzai Holdings Co's Days Payable too high?
Nippon Kanzai Holdings Co's current Days Payable of 23.62 is 32% below median its 10-year median of 34.64. Over the past 10 years, this metric has ranged from a low of 23.66 to a high of 39.45. The Real Estate industry median Days Payable is 92.92. Nippon Kanzai Holdings Co's value of 23.62 is 74.6% below this industry median. Based on the distribution chart, Nippon Kanzai Holdings Co ranks #1339 out of 1570 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Nippon Kanzai Holdings Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Kanzai Holdings Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nippon Kanzai Holdings Co ranks #1339 out of 1570 companies for Days Payable. This places Nippon Kanzai Holdings Co in the lower half of its industry. The industry median Days Payable is 92.92. Nippon Kanzai Holdings Co's value of 23.62 is 74.6% below this benchmark. Historically, Nippon Kanzai Holdings Co's own Days Payable has ranged from 23.66 to 39.45 over the past decade. While the company's 10-year median is 34.64 vs. the industry median of 92.92, Nippon Kanzai 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 92.92, based on 1,570 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. Nippon Kanzai Holdings Co's current Days Payable of 23.62 is 74.6% 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 Nippon Kanzai Holdings Co and its competitors. For the Real Estate industry, the median Days Payable is 92.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Kanzai Holdings Co's current Days Payable is 23.62, which is 32% below median its own 10-year median of 34.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Kanzai Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Kanzai Holdings Co (TSE:9347) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,320.04, compared to a current price of 円2,784.00 — trading 16.1% below its estimated fair value. The current Days Payable is 23.62, which is 32% below median its 10-year median of 34.64 and 74.6% below the Real Estate industry median of 92.92. Nippon Kanzai Holdings Co's overall GF Score™ is 88/100 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 Nippon Kanzai Holdings Co (TSE:9347), the current Days Payable is 23.62 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 Nippon Kanzai Holdings Co (TSE:9347) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Kanzai Holdings Co stock appears to be undervalued. The current stock price of 円2,784.00 is trading 16.1% below its estimated GF Value™ of 円3,320.04. GuruFocus considers Nippon Kanzai Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9347:

  • Days Payable: 23.62 (32% below median its 10-year median of 34.64)
  • GF Value™: 円3,320.04 vs. price of 円2,784.00 (16.1% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 74.6% below the Real Estate median (#1339 of 1570)

No single metric tells the full story. See the TSE:9347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Kanzai Holdings Co Business Description

Address 9-16 Rokutojicho, Hyogo Prefecture, Nishinomiya, JPN, 662-8588
Nippon Kanzai Holdings Co Ltd is a Japan-based fund management company. Itengaged in a wide range of comprehensive building management services, Security and Guard Services, Construction-related services for general tenant buildings and government facilities, real estate fund management services, and Others. The company's business segments include Building Management and Operation Business, Environmental Facility Management Business, Real Estate Fund Management Business, and Other Businesses which consist mainly of event planning and management, printing and design, among others. The company generates the majority of its revenue from the Building Management and Operation Business.
88GF Score

Get the complete analysis for TSE:9347

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

円2,784.00
Price
円3,320.04
GF Value