PilotFRA:W53 +2.18%77 Days Payable is 60.45 as of Dec. 2025, which is 39% below its 10-year median of 99.40. GuruFocus rates FRA:W53 with a GF Score™ of 77/100 and a GF Value™ of €25.66. The stock has 7 warning signs investors should review. Among 2,997 Industrial Products companies, Pilot ranks worse than 62.76% on this metric.
Pilot's average Accounts Payable for the
three
months ended in Dec. 2025 was €61.4 Mil. Pilot's Cost of Goods Sold for the
three
months ended in Dec. 2025 was €92.6 Mil.
Hence, Pilot's Days Payable for the
three
months ended in Dec. 2025 was 60.45.
The historical rank and industry rank for Pilot's Days Payable or its related term are showing as below:
FRA:W53'
s Days Payable Range Over the Past 10 Years
Min: 58.82 Med: 99.4 Max: 116.7
Current: 58.82
During the past 13 years, Pilot's highest Days Payable was 116.70. The lowest was 58.82. And the median was 99.40.
FRA:W53's Days Payable is ranked worse than 62.76% of 2997
companies
in the Industrial Products industry
Industry Median: 77.54
vs FRA:W53: 58.82
Pilot's Days Payable
declined
from Dec. 2024 (67.91) to Dec. 2025 (60.45).
It may suggest that Pilotaccelerated paying its suppliers.
Pilot Days Payable Related Terms
Pilot Days Payable Historical Data
* Premium members only.
The historical data trend for Pilot'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.
For the Business Equipment & Supplies subindustry, Pilot'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.
Pilot Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pilot's Days Payable distribution charts can be found below:
* The bar in red indicates where Pilot'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.
Pilot's Days Payable for the fiscal year that ended in Dec. 2025 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.
Pilot (FRA:W53) has a Days Payable of 60.45 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pilot and its competitors. This is 39% below median its historical median of 99.40. Over the past decade, Pilot's Days Payable has ranged from 58.82 to 116.70. According to the industry distribution chart, Pilot ranks #1881 out of 2997 companies in the Industrial Products industry, placing it in the top 62.8%.
Is Pilot's Days Payable too high?
Pilot's current Days Payable of 60.45 is 39% below median its 10-year median of 99.40. Over the past 10 years, this metric has ranged from a low of 58.82 to a high of 116.70. The Industrial Products industry median Days Payable is 77.54. Pilot's value of 60.45 is 22% below this industry median. Based on the distribution chart, Pilot ranks #1881 out of 2997 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Pilot has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Pilot's Days Payable compare to competitors?
According to the Industrial Products industry distribution chart, Pilot ranks #1881 out of 2997 companies for Days Payable. This places Pilot in the lower half of its industry. The industry median Days Payable is 77.54. Pilot's value of 60.45 is 22% below this benchmark. Historically, Pilot's own Days Payable has ranged from 58.82 to 116.70 over the past decade. While the company's 10-year median is 99.40 vs. the industry median of 77.54, Pilot 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 Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. Pilot's current Days Payable of 60.45 is 22% 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 Pilot and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pilot's current Days Payable is 60.45, which is 39% below median its own 10-year median of 99.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilot stock overvalued right now?
Pilot (FRA:W53) has a current Days Payable of 60.45. The stock's GF Value™ is €25.66, compared to a current price of €26.44 — trading 3% above its estimated fair value. The current Days Payable is 60.45, which is 39% below median its 10-year median of 99.40 and 22% below the Industrial Products industry median of 77.54. Pilot's overall GF Score™ is 77/100 with 7 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 Pilot (FRA:W53), the current Days Payable is 60.45 as of Dec. 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 Pilot (FRA:W53) Overvalued in 2026?
Based on GuruFocus' analysis, Pilot stock appears to be overvalued.
The current stock price of €26.44 is trading 3% above its estimated GF Value™ of €25.66.
Key valuation signals for FRA:W53:
Days Payable: 60.45 (39% below median its 10-year median of 99.40)
GF Value™: €25.66 vs. price of €26.44 (3% above fair value)
Industry Position: 22% below the Industrial Products median (#1881 of 2997)
No single metric tells the full story. See the FRA:W53 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pilot Corp is a Japanese company that manufactures, purchases, and distributes stationery items, including writing instruments, other stationery products, and toys, and relevant services. The company operates through four segments: Japan, the Americas, Europe, and Asia. The Japan segment distributes products through direct sales to retail stores in Japan, and this segment contributes a majority proportion of total group revenue. The Americas segment is mainly engaged in the manufacture and sales of ball pens in the United States, Mexico, and Brazil. The Europe segment operates in Sweden, the United Kingdom, Germany, France, and others. The Asia segment provides writing materials in Taiwan, mainland China, Hong Kong, Indonesia, Malaysia, and Singapore.
77GF Score
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