Daitobo CoNGO:3202 56 Days Payable is 33.26 as of Mar. 2026, which is 32% below its 10-year median of 49.03. GuruFocus rates NGO:3202 with a GF Score™ of 56/100 and a GF Value™ of 円106.50 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Daitobo Co ranks worse than 64.47% on this metric.
Daitobo Co's average Accounts Payable for the
six
months ended in Mar. 2026 was 円254 Mil. Daitobo Co's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円1,394 Mil.
Hence, Daitobo Co's Days Payable for the
six
months ended in Mar. 2026 was 33.26.
The historical rank and industry rank for Daitobo Co's Days Payable or its related term are showing as below:
NGO:3202'
s Days Payable Range Over the Past 10 Years
Min: 38.97 Med: 49.03 Max: 59.62
Current: 38.97
During the past 13 years, Daitobo Co's highest Days Payable was 59.62. The lowest was 38.97. And the median was 49.03.
NGO:3202's Days Payable is ranked worse than 64.47% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs NGO:3202: 38.97
Daitobo Co's Days Payable
declined
from Mar. 2025 (42.89) to Mar. 2026 (33.26).
It may suggest that Daitobo Coaccelerated paying its suppliers.
Daitobo Co Days Payable Related Terms
Daitobo Co Days Payable Historical Data
* Premium members only.
The historical data trend for Daitobo 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.
For the Textile Manufacturing subindustry, Daitobo 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.
Daitobo Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Daitobo Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Daitobo 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.
Daitobo 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.
Daitobo Co (NGO:3202) has a Days Payable of 33.26 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 Daitobo Co and its competitors. This is 32% below median its historical median of 49.03. Over the past decade, Daitobo Co's Days Payable has ranged from 38.97 to 59.62. According to the industry distribution chart, Daitobo Co ranks #655 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64.5%.
Is Daitobo Co's Days Payable too high?
Daitobo Co's current Days Payable of 33.26 is 32% below median its 10-year median of 49.03. Over the past 10 years, this metric has ranged from a low of 38.97 to a high of 59.62. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Daitobo Co's value of 33.26 is 38.5% below this industry median. Based on the distribution chart, Daitobo Co ranks #655 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Daitobo Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daitobo Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Daitobo Co ranks #655 out of 1016 companies for Days Payable. This places Daitobo Co in the lower half of its industry. The industry median Days Payable is 54.05. Daitobo Co's value of 33.26 is 38.5% below this benchmark. Historically, Daitobo Co's own Days Payable has ranged from 38.97 to 59.62 over the past decade. While the company's 10-year median is 49.03 vs. the industry median of 54.05, Daitobo 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 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. Daitobo Co's current Days Payable of 33.26 is 38.5% 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 Daitobo Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daitobo Co's current Days Payable is 33.26, which is 32% below median its own 10-year median of 49.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daitobo Co stock overvalued right now?
Based on GuruFocus' analysis, Daitobo Co (NGO:3202) is currently considered Modestly Overvalued. The stock's GF Value™ is 円106.50, compared to a current price of 円132.00 — trading 23.9% above its estimated fair value. The current Days Payable is 33.26, which is 32% below median its 10-year median of 49.03 and 38.5% below the Manufacturing - Apparel & Accessories industry median of 54.05. Daitobo Co's overall GF Score™ is 56/100 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 Daitobo Co (NGO:3202), the current Days Payable is 33.26 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 Daitobo Co (NGO:3202) Overvalued in 2026?
Based on GuruFocus' analysis, Daitobo Co stock appears to be overvalued.
The current stock price of 円132.00 is trading 23.9% above its estimated GF Value™ of 円106.50.
GuruFocus considers Daitobo Co to be Modestly Overvalued.
Key valuation signals for NGO:3202:
Days Payable: 33.26 (32% below median its 10-year median of 49.03)
GF Value™: 円106.50 vs. price of 円132.00 (23.9% above fair value)
Industry Position: 38.5% below the Manufacturing - Apparel & Accessories median (#655 of 1016)
No single metric tells the full story. See the NGO:3202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daitobo Co Ltd is engaged as a manufacturer of apparel fashion products, healthcare products, commercial facility and real estate business, and overseas business development.
56GF Score
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