* 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 Auto Parts subindustry, Koito Manufacturing 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.
Koito Manufacturing Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Koito Manufacturing Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Koito Manufacturing Co'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.
Koito Manufacturing Co's Days Payable for the fiscal year that ended in Mar. 2026 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.
Koito Manufacturing Co (KOTMF) has a Days Payable of 39.25 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 Koito Manufacturing Co and its competitors. This is 21% below median its historical median of 49.92. Over the past decade, Koito Manufacturing Co's Days Payable has ranged from 42.30 to 66.34. According to the industry distribution chart, Koito Manufacturing Co ranks #961 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 73.3%.
Is Koito Manufacturing Co's Days Payable too high?
Koito Manufacturing Co's current Days Payable of 39.25 is 21% below median its 10-year median of 49.92. Over the past 10 years, this metric has ranged from a low of 42.30 to a high of 66.34. The Vehicles & Parts industry median Days Payable is 67.05. Koito Manufacturing Co's value of 39.25 is 41.5% below this industry median. Based on the distribution chart, Koito Manufacturing Co ranks #961 out of 1311 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Koito Manufacturing Co has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Koito Manufacturing Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Koito Manufacturing Co ranks #961 out of 1311 companies for Days Payable. This places Koito Manufacturing Co in the lower half of its industry. The industry median Days Payable is 67.05. Koito Manufacturing Co's value of 39.25 is 41.5% below this benchmark. Historically, Koito Manufacturing Co's own Days Payable has ranged from 42.30 to 66.34 over the past decade. While the company's 10-year median is 49.92 vs. the industry median of 67.05, Koito Manufacturing 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.05, based on 1,311 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. Koito Manufacturing Co's current Days Payable of 39.25 is 41.5% 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 Koito Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koito Manufacturing Co's current Days Payable is 39.25, which is 21% below median its own 10-year median of 49.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koito Manufacturing Co stock overvalued right now?
Koito Manufacturing Co (KOTMF) has a current Days Payable of 39.25. The stock's GF Value™ is $15.52, compared to a current price of $16.05 — trading 3.4% above its estimated fair value. The current Days Payable is 39.25, which is 21% below median its 10-year median of 49.92 and 41.5% below the Vehicles & Parts industry median of 67.05. Koito Manufacturing Co's overall GF Score™ is 87/100 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 Koito Manufacturing Co (KOTMF), the current Days Payable is 39.25 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 Koito Manufacturing Co (KOTMF) Overvalued in 2026?
Based on GuruFocus' analysis, Koito Manufacturing Co stock appears to be overvalued.
The current stock price of $16.05 is trading 3.4% above its estimated GF Value™ of $15.52.
Key valuation signals for KOTMF:
Days Payable: 39.25 (21% below median its 10-year median of 49.92)
GF Value™: $15.52 vs. price of $16.05 (3.4% above fair value)
Industry Position: 41.5% below the Vehicles & Parts median (#961 of 1311)
No single metric tells the full story. See the KOTMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koito Manufacturing Co Ltd mainly produces automotive lighting equipment for domestic and international markets and supplies products globally. The company operates through six geographical segments: Japan, North America, China, Asia, Europe, and Other. In addition to automotive lighting, it also manufactures and sells railroad vehicle control equipment, aircraft parts, and railroad vehicle seats.
87GF Score
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