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Meiko Construction CoNGO:1869 -0.42%66 Days Payable is 48.09 as of Mar. 2026, which is 6% below its 10-year median of 51.20. GuruFocus rates NGO:1869 with a GF Score™ of 66/100 and a GF Value™ of 円1,414.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 89 Homebuilding & Construction companies, Meiko Construction Co ranks better than 62.92% on this metric.
The historical rank and industry rank for Meiko Construction Co's Days Payable or its related term are showing as below:
NGO:1869'
s Days Payable Range Over the Past 10 Years
Min: 47.79 Med: 51.2 Max: 73.07
Current: 52.32
During the past 13 years, Meiko Construction Co's highest Days Payable was 73.07. The lowest was 47.79. And the median was 51.20.
NGO:1869's Days Payable is ranked better than 62.92% of 89
companies
in the Homebuilding & Construction industry
Industry Median: 36.18
vs NGO:1869: 52.32
Meiko Construction Co Days Payable Historical Data
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The historical data trend for Meiko Construction Co'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.
NGO:1869 vs DHI, PHM, LEN: Days Payable Comparison
For the Residential Construction subindustry, Meiko Construction 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.
Meiko Construction Co Days Payable vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Meiko Construction Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Meiko Construction 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.
Meiko Construction 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.
Meiko Construction Co (NGO:1869) has a Days Payable of 48.09 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 Meiko Construction Co and its competitors. This is near median its historical median of 51.20. Over the past decade, Meiko Construction Co's Days Payable has ranged from 47.79 to 73.07. According to the industry distribution chart, Meiko Construction Co ranks #33 out of 89 companies in the Homebuilding & Construction industry, placing it in the top 37.1%.
Is Meiko Construction Co's Days Payable too high?
Meiko Construction Co's current Days Payable of 48.09 is near median its 10-year median of 51.20. Over the past 10 years, this metric has ranged from a low of 47.79 to a high of 73.07. The Homebuilding & Construction industry median Days Payable is 36.18. Meiko Construction Co's value of 48.09 is 32.9% above this industry median. Based on the distribution chart, Meiko Construction Co ranks #33 out of 89 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Meiko Construction Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Construction Co's Days Payable compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Meiko Construction Co ranks #33 out of 89 companies for Days Payable. This puts Meiko Construction Co in the upper half of its industry. The industry median Days Payable is 36.18. Meiko Construction Co's value of 48.09 is 32.9% above this benchmark. Historically, Meiko Construction Co's own Days Payable has ranged from 47.79 to 73.07 over the past decade. While the company's 10-year median is 51.20 vs. the industry median of 36.18, Meiko Construction Co 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 a Homebuilding & Construction company?
The median Days Payable among Homebuilding & Construction companies is 36.18, based on 89 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. Meiko Construction Co's current Days Payable of 48.09 is 32.9% 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 Meiko Construction Co and its competitors. For the Homebuilding & Construction industry, the median Days Payable is 36.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Construction Co's current Days Payable is 48.09, which is near median its own 10-year median of 51.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Construction Co (NGO:1869) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,414.40, compared to a current price of 円1,898.00 — trading 34.2% above its estimated fair value. The current Days Payable is 48.09, which is near median its 10-year median of 51.20 and 32.9% above the Homebuilding & Construction industry median of 36.18. Meiko Construction Co's overall GF Score™ is 66/100 with 4 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 Meiko Construction Co (NGO:1869), the current Days Payable is 48.09 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 Meiko Construction Co (NGO:1869) Overvalued in 2026?
Based on GuruFocus' analysis, Meiko Construction Co stock appears to be overvalued.
The current stock price of 円1,898.00 is trading 34.2% above its estimated GF Value™ of 円1,414.40.
GuruFocus considers Meiko Construction Co to be Significantly Overvalued.
Key valuation signals for NGO:1869:
Days Payable: 48.09 (near median its 10-year median of 51.20)
GF Value™: 円1,414.40 vs. price of 円1,898.00 (34.2% above fair value)
Industry Position: 32.9% above the Homebuilding & Construction median (#33 of 89)
No single metric tells the full story. See the NGO:1869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiko Construction Co Ltd is engaged in the construction industry. The company undertakes contract for civil works, construction work, track construction and construction work of the facility construction, supervision, planning, design, surveying and consulting. The company is also involved in the buying and selling of houses and real estate, lease, and brokerage. Construction materials on rental, warehousing, and management of education and cultural facilities are additional activities done by the company.
66GF Score
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