Tokura Construction Co (NGO:1892) Days Payable: 81.23 (As of Mar. 2026) — Near Median


NGO:1892 Tokura Construction Co Ltd NGO:1892
61 GF Score
Price 円7,900.00
GF Value 円4,867.83
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Tokura Construction Co Days Payable?

Tokura Construction Co NGO:1892 +0.25% 61 Days Payable is 81.23 as of Mar. 2026, which is 9% above its 10-year median of 74.53. GuruFocus rates NGO:1892 with a GF Score™ of 61/100 and a GF Value™ of 円4,867.83 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,712 Construction companies, Tokura Construction Co ranks better than 55.55% on this metric.

Tokura Construction Co's average Accounts Payable for the six months ended in Mar. 2026 was 円14,241 Mil. Tokura Construction Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円31,994 Mil. Hence, Tokura Construction Co's Days Payable for the six months ended in Mar. 2026 was 81.23.

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

NGO:1892' s Days Payable Range Over the Past 10 Years
Min: 64.55   Med: 74.53   Max: 86.52
Current: 86.52

During the past 13 years, Tokura Construction Co's highest Days Payable was 86.52. The lowest was 64.55. And the median was 74.53.

NGO:1892's Days Payable is ranked better than
55.55% of 1712 companies
in the Construction industry
Industry Median: 76.695 vs NGO:1892: 86.52

Tokura Construction Co's Days Payable increased from Mar. 2025 (66.33) to Mar. 2026 (81.23). It may suggest that Tokura Construction Co delayed paying its suppliers.


Tokura Construction Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tokura 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.

Tokura Construction Co Days Payable Chart

Tokura Construction Co 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 64.55 72.37 72.38 75.17 85.75

Tokura Construction Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 50.66 66.06 66.33 93.27 81.23

NGO:1892 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Tokura 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.


Tokura Construction Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Tokura Construction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokura Construction Co's Days Payable falls into.


NGO:1892
61GF Score
Tokura Construction Co Ltd NGO:1892
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokura Construction Co 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.

Tokura Construction Co'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
=( (14546 + 13884) / 2 ) / 60507*365
=14215 / 60507*365
=85.75

Tokura Construction Co'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (14597 + 13884) / 2 ) / 31994*365 / 2
=14240.5 / 31994*365 / 2
=81.23

* 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 81.23 mean?
Tokura Construction Co (NGO:1892) has a Days Payable of 81.23 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 Tokura Construction Co and its competitors. This is near median its historical median of 74.53. Over the past decade, Tokura Construction Co's Days Payable has ranged from 64.55 to 86.52. According to the industry distribution chart, Tokura Construction Co ranks #761 out of 1712 companies in the Construction industry, placing it in the top 44.5%.
Is Tokura Construction Co's Days Payable too high?
Tokura Construction Co's current Days Payable of 81.23 is near median its 10-year median of 74.53. Over the past 10 years, this metric has ranged from a low of 64.55 to a high of 86.52. The Construction industry median Days Payable is 76.70. Tokura Construction Co's value of 81.23 is 5.9% above this industry median. Based on the distribution chart, Tokura Construction Co ranks #761 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Tokura Construction Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokura Construction Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Tokura Construction Co ranks #761 out of 1712 companies for Days Payable. This puts Tokura Construction Co in the upper half of its industry. The industry median Days Payable is 76.70. Tokura Construction Co's value of 81.23 is 5.9% above this benchmark. Historically, Tokura Construction Co's own Days Payable has ranged from 64.55 to 86.52 over the past decade. While the company's 10-year median is 74.53 vs. the industry median of 76.70, Tokura 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 Construction company?
The median Days Payable among Construction companies is 76.70, based on 1,712 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. Tokura Construction Co's current Days Payable of 81.23 is 5.9% 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 Tokura Construction Co and its competitors. For the Construction industry, the median Days Payable is 76.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokura Construction Co's current Days Payable is 81.23, which is near median its own 10-year median of 74.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokura Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Tokura Construction Co (NGO:1892) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,867.83, compared to a current price of 円7,900.00 — trading 62.3% above its estimated fair value. The current Days Payable is 81.23, which is near median its 10-year median of 74.53 and 5.9% above the Construction industry median of 76.70. Tokura Construction Co's overall GF Score™ is 61/100 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 Tokura Construction Co (NGO:1892), the current Days Payable is 81.23 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 Tokura Construction Co (NGO:1892) Overvalued in 2026?

Based on GuruFocus' analysis, Tokura Construction Co stock appears to be overvalued. The current stock price of 円7,900.00 is trading 62.3% above its estimated GF Value™ of 円4,867.83. GuruFocus considers Tokura Construction Co to be Significantly Overvalued.

Key valuation signals for NGO:1892:

  • Days Payable: 81.23 (near median its 10-year median of 74.53)
  • GF Value™: 円4,867.83 vs. price of 円7,900.00 (62.3% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 5.9% above the Construction median (#761 of 1712)

No single metric tells the full story. See the NGO:1892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokura Construction Co Business Description

Address 13-5, Nishiki 3-chome, Naka-ku, Nagoya, JPN, 460-8615
Tokura Construction Co Ltd is a Japan-based company engaged in the business of engineering and construction works. Its operations are carried out through the following business divisions: Construction, Civil Engineering, Real Estate, and Others. It generates the majority of its revenue from the Construction segment.
61GF Score

Get the complete analysis for NGO:1892

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

円7,900.00
Price
円4,867.83
GF Value