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The historical rank and industry rank for NIPPON CONCEPT's Days Payable or its related term are showing as below:
TSE:9386'
s Days Payable Range Over the Past 10 Years
Min: 27.66 Med: 34.29 Max: 43.45
Current: 34.82
During the past 13 years, NIPPON CONCEPT's highest Days Payable was 43.45. The lowest was 27.66. And the median was 34.29.
TSE:9386's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 59.315
vs TSE:9386: 34.82
NIPPON CONCEPT's Days Payable
declined
from Jun. 2024 (41.97) to Jun. 2025 (34.24).
It may suggest that NIPPON CONCEPTaccelerated paying its suppliers.
The historical data trend for NIPPON CONCEPT'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:9386 vs WMB, EPD, KMI: Days Payable Comparison
For the Oil & Gas Midstream subindustry, NIPPON CONCEPT'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 CONCEPT Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NIPPON CONCEPT's Days Payable distribution charts can be found below:
* The bar in red indicates where NIPPON CONCEPT'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.
NIPPON CONCEPT's Days Payable for the fiscal year that ended in Dec. 2024 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.
NIPPON CONCEPT (TSE:9386) has a Days Payable of 34.24 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NIPPON CONCEPT and its competitors. This is near median its historical median of 34.29. Over the past decade, NIPPON CONCEPT's Days Payable has ranged from 27.66 to 43.45.
Is NIPPON CONCEPT's Days Payable too high?
NIPPON CONCEPT's current Days Payable of 34.24 is near median its 10-year median of 34.29. Over the past 10 years, this metric has ranged from a low of 27.66 to a high of 43.45. The Oil & Gas industry median Days Payable is 59.32. NIPPON CONCEPT's value of 34.24 is 42.3% below this industry median. Overall, NIPPON CONCEPT has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does NIPPON CONCEPT's Days Payable compare to WMB and EPD?
NIPPON CONCEPT's Days Payable of 34.24 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 59.32. NIPPON CONCEPT's value of 34.24 is 42.3% below this benchmark. Historically, NIPPON CONCEPT's own Days Payable has ranged from 27.66 to 43.45 over the past decade. While the company's 10-year median is 34.29 vs. the industry median of 59.32, NIPPON CONCEPT 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 59.32, based on 856 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 CONCEPT's current Days Payable of 34.24 is 42.3% 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 CONCEPT and its competitors. For the Oil & Gas industry, the median Days Payable is 59.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON CONCEPT's current Days Payable is 34.24, which is near median its own 10-year median of 34.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON CONCEPT stock overvalued right now?
NIPPON CONCEPT (TSE:9386) has a current Days Payable of 34.24. The stock's GF Value™ is 円1,801.56, compared to a current price of 円3,045.00 — trading 69% above its estimated fair value. The current Days Payable is 34.24, which is near median its 10-year median of 34.29 and 42.3% below the Oil & Gas industry median of 59.32. NIPPON CONCEPT's overall GF Score™ is 68/100 with 5 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 CONCEPT (TSE:9386), the current Days Payable is 34.24 as of Jun. 2025. 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 CONCEPT (TSE:9386) Overvalued in 2026?
Based on GuruFocus' analysis, NIPPON CONCEPT stock appears to be overvalued.
The current stock price of 円3,045.00 is trading 69% above its estimated GF Value™ of 円1,801.56.
Key valuation signals for TSE:9386:
Days Payable: 34.24 (near median its 10-year median of 34.29)
GF Value™: 円1,801.56 vs. price of 円3,045.00 (69% above fair value)
Industry Position: 42.3% below the Oil & Gas median
No single metric tells the full story. See the TSE:9386 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIPPON CONCEPT Corp is engaged in the business of transportation of chemicals and various gases. The company is also involved in the storage of liquid cargo, recovery and destruction of freon gas, cleaning and maintenance of chemical tank containers, and storage and inspection of gas tank containers.
68GF Score
Get the complete analysis for TSE:9386
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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