Nidec (MEX:NIDECN) Days Payable: 110.94 (As of Sep. 2025) — 11% Above Median


MEX:NIDECN Nidec Corp MEX:NIDECN
88 GF Score
Price MXN434.18
GF Value MXN537.16
! 6 Warning Signs
View Full Analysis

What is Nidec Days Payable?

Nidec MEX:NIDECN 88 Days Payable is 110.94 as of Sep. 2025, which is 11% above its 10-year median of 100.03. GuruFocus rates MEX:NIDECN with a GF Score™ of 88/100 and a GF Value™ of MXN537.16. The stock has 6 warning signs investors should review. Among 2,997 Industrial Products companies, Nidec ranks better than 61.46% on this metric.

Nidec's average Accounts Payable for the three months ended in Sep. 2025 was MXN79,540 Mil. Nidec's Cost of Goods Sold for the three months ended in Sep. 2025 was MXN65,425 Mil. Hence, Nidec's Days Payable for the three months ended in Sep. 2025 was 110.94.

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

MEX:NIDECN' s Days Payable Range Over the Past 10 Years
Min: 78.49   Med: 100.03   Max: 111.61
Current: 101.65

During the past 13 years, Nidec's highest Days Payable was 111.61. The lowest was 78.49. And the median was 100.03.

MEX:NIDECN's Days Payable is ranked better than
61.46% of 2997 companies
in the Industrial Products industry
Industry Median: 77.54 vs MEX:NIDECN: 101.65

Nidec's Days Payable increased from Sep. 2024 (92.77) to Sep. 2025 (110.94). It may suggest that Nidec delayed paying its suppliers.


Nidec Days Payable Historical Data

* Premium members only.

The historical data trend for Nidec'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.

Nidec Days Payable Chart

Nidec Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.67 117.39 114.61 111.40 88.58

Nidec Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 92.77 99.79 101.20 103.33 110.94

MEX:NIDECN vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Nidec'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.


Nidec Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nidec's Days Payable distribution charts can be found below:

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


MEX:NIDECN
88GF Score
Nidec Corp MEX:NIDECN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nidec 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.

Nidec's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (58484.234 + 79508) / 2 ) / 284299.169*365
=68996.117 / 284299.169*365
=88.58

Nidec's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0 + 79540.137) / 1 ) / 65425.454*365 / 4
=79540.137 / 65425.454*365 / 4
=110.94

* 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 110.94 mean?
Nidec (MEX:NIDECN) has a Days Payable of 110.94 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nidec and its competitors. This is 11% above median its historical median of 100.03. Over the past decade, Nidec's Days Payable has ranged from 78.49 to 111.61. According to the industry distribution chart, Nidec ranks #1155 out of 2997 companies in the Industrial Products industry, placing it in the top 38.5%.
Is Nidec's Days Payable too high?
Nidec's current Days Payable of 110.94 is 11% above median its 10-year median of 100.03. Over the past 10 years, this metric has ranged from a low of 78.49 to a high of 111.61. The Industrial Products industry median Days Payable is 77.54. Nidec's value of 110.94 is 43.1% above this industry median. Based on the distribution chart, Nidec ranks #1155 out of 2997 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nidec has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Nidec's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nidec ranks #1155 out of 2997 companies for Days Payable. This puts Nidec in the upper half of its industry. The industry median Days Payable is 77.54. Nidec's value of 110.94 is 43.1% above this benchmark. Historically, Nidec's own Days Payable has ranged from 78.49 to 111.61 over the past decade. While the company's 10-year median is 100.03 vs. the industry median of 77.54, Nidec has consistently been above 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. Nidec's current Days Payable of 110.94 is 43.1% above 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 Nidec 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. Nidec's current Days Payable is 110.94, which is 11% above median its own 10-year median of 100.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidec stock overvalued right now?
Nidec (MEX:NIDECN) has a current Days Payable of 110.94. The stock's GF Value™ is MXN537.16, compared to a current price of MXN434.18 — trading 19.2% below its estimated fair value. The current Days Payable is 110.94, which is 11% above median its 10-year median of 100.03 and 43.1% above the Industrial Products industry median of 77.54. Nidec's overall GF Score™ is 88/100 with 6 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 Nidec (MEX:NIDECN), the current Days Payable is 110.94 as of Sep. 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 Nidec (MEX:NIDECN) Overvalued in 2026?

Based on GuruFocus' analysis, Nidec stock appears to be undervalued. The current stock price of MXN434.18 is trading 19.2% below its estimated GF Value™ of MXN537.16.

Key valuation signals for MEX:NIDECN:

  • Days Payable: 110.94 (11% above median its 10-year median of 100.03)
  • GF Value™: MXN537.16 vs. price of MXN434.18 (19.2% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 43.1% above the Industrial Products median (#1155 of 2997)

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


Nidec Business Description

Address 338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless direct current motors, which have advantages in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations.
88GF Score

Get the complete analysis for MEX:NIDECN

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

MXN434.18
Price
MXN537.16
GF Value