DaikyoNishikawa (FRA:DK8) Days Payable: 57.59 (As of Mar. 2026) — 14% Below Median


FRA:DK8 DaikyoNishikawa Corp FRA:DK8
82 GF Score
Price €5.15
GF Value €3.84
! 5 Warning Signs
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What is DaikyoNishikawa Days Payable?

DaikyoNishikawa FRA:DK8 +0.98% 82 Days Payable is 57.59 as of Mar. 2026, which is 14% below its 10-year median of 66.77. GuruFocus rates FRA:DK8 with a GF Score™ of 82/100 and a GF Value™ of €3.84. The stock has 5 warning signs investors should review. Among 1,308 Vehicles & Parts companies, DaikyoNishikawa ranks worse than 56.42% on this metric.

DaikyoNishikawa's average Accounts Payable for the three months ended in Mar. 2026 was €125.1 Mil. DaikyoNishikawa's Cost of Goods Sold for the three months ended in Mar. 2026 was €198.3 Mil. Hence, DaikyoNishikawa's Days Payable for the three months ended in Mar. 2026 was 57.59.

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

FRA:DK8' s Days Payable Range Over the Past 10 Years
Min: 56.81   Med: 66.77   Max: 83.06
Current: 59.02

During the past 13 years, DaikyoNishikawa's highest Days Payable was 83.06. The lowest was 56.81. And the median was 66.77.

FRA:DK8's Days Payable is ranked worse than
56.42% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.035 vs FRA:DK8: 59.02

DaikyoNishikawa's Days Payable declined from Mar. 2025 (59.79) to Mar. 2026 (57.59). It may suggest that DaikyoNishikawa accelerated paying its suppliers.


DaikyoNishikawa Days Payable Historical Data

* Premium members only.

The historical data trend for DaikyoNishikawa'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.

DaikyoNishikawa Days Payable Chart

DaikyoNishikawa 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 80.34 69.29 66.82 56.52 60.91

DaikyoNishikawa 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 59.79 59.97 62.69 62.11 57.59

FRA:DK8 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, DaikyoNishikawa'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.


DaikyoNishikawa Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, DaikyoNishikawa's Days Payable distribution charts can be found below:

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


FRA:DK8
82GF Score
DaikyoNishikawa Corp FRA:DK8
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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DaikyoNishikawa 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.

DaikyoNishikawa'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
=( (144.17 + 116.076) / 2 ) / 779.751*365
=130.123 / 779.751*365
=60.91

DaikyoNishikawa'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
=( (134.189 + 116.076) / 2 ) / 198.279*365 / 4
=125.1325 / 198.279*365 / 4
=57.59

* 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 57.59 mean?
DaikyoNishikawa (FRA:DK8) has a Days Payable of 57.59 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 DaikyoNishikawa and its competitors. This is 14% below median its historical median of 66.77. Over the past decade, DaikyoNishikawa's Days Payable has ranged from 56.81 to 83.06. According to the industry distribution chart, DaikyoNishikawa ranks #738 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 56.4%.
Is DaikyoNishikawa's Days Payable too high?
DaikyoNishikawa's current Days Payable of 57.59 is 14% below median its 10-year median of 66.77. Over the past 10 years, this metric has ranged from a low of 56.81 to a high of 83.06. The Vehicles & Parts industry median Days Payable is 67.04. DaikyoNishikawa's value of 57.59 is 14.1% below this industry median. Based on the distribution chart, DaikyoNishikawa ranks #738 out of 1308 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, DaikyoNishikawa has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does DaikyoNishikawa's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, DaikyoNishikawa ranks #738 out of 1308 companies for Days Payable. This places DaikyoNishikawa in the lower half of its industry. The industry median Days Payable is 67.04. DaikyoNishikawa's value of 57.59 is 14.1% below this benchmark. Historically, DaikyoNishikawa's own Days Payable has ranged from 56.81 to 83.06 over the past decade. While the company's 10-year median is 66.77 vs. the industry median of 67.04, DaikyoNishikawa 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.04, based on 1,308 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. DaikyoNishikawa's current Days Payable of 57.59 is 14.1% 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 DaikyoNishikawa and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DaikyoNishikawa's current Days Payable is 57.59, which is 14% below median its own 10-year median of 66.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DaikyoNishikawa stock overvalued right now?
DaikyoNishikawa (FRA:DK8) has a current Days Payable of 57.59. The stock's GF Value™ is €3.84, compared to a current price of €5.15 — trading 34.1% above its estimated fair value. The current Days Payable is 57.59, which is 14% below median its 10-year median of 66.77 and 14.1% below the Vehicles & Parts industry median of 67.04. DaikyoNishikawa's overall GF Score™ is 82/100 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 DaikyoNishikawa (FRA:DK8), the current Days Payable is 57.59 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 DaikyoNishikawa (FRA:DK8) Overvalued in 2026?

Based on GuruFocus' analysis, DaikyoNishikawa stock appears to be overvalued. The current stock price of €5.15 is trading 34.1% above its estimated GF Value™ of €3.84.

Key valuation signals for FRA:DK8:

  • Days Payable: 57.59 (14% below median its 10-year median of 66.77)
  • GF Value™: €3.84 vs. price of €5.15 (34.1% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 14.1% below the Vehicles & Parts median (#738 of 1308)

No single metric tells the full story. See the FRA:DK8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DaikyoNishikawa Business Description

Other Exchanges 4246:Japan
Address 1-41-31 Kitashinchi, Saka-cho, Aki-gun, Hiroshima, JPN, 731-4311
DaikyoNishikawa Corp is primarily engaged in the manufacturing, engineering, and development of automotive and plastic parts. The company's automobile parts manufacturing division provides exterior, interior and engine parts. The plastic manufacturing division provides housing components such as bath unit parts, washstand and kitchen, and other parts. The company distributes its products within domestic market and to overseas markets.
82GF Score

Get the complete analysis for FRA:DK8

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

€5.15
Price
€3.84
GF Value