Nihon Office Automation Research Co (NGO:5241) Days Payable: 15.07 (As of Dec. 2025) — Near Median

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NGO:5241 Nihon Office Automation Research Co Ltd NGO:5241
20 GF Score
Price 円742.00
! 1 Warning Sign
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What is Nihon Office Automation Research Co Days Payable?

Nihon Office Automation Research Co NGO:5241 +1.92% 20 Days Payable is 15.07 as of Dec. 2025, which is 9% below its 10-year median of 16.57. GuruFocus rates NGO:5241 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 2,603 Software companies, Nihon Office Automation Research Co ranks worse than 85.06% on this metric.

Nihon Office Automation Research Co's average Accounts Payable for the six months ended in Dec. 2025 was 円103 Mil. Nihon Office Automation Research Co's Cost of Goods Sold for the six months ended in Dec. 2025 was 円1,243 Mil. Hence, Nihon Office Automation Research Co's Days Payable for the six months ended in Dec. 2025 was 15.07.

The historical rank and industry rank for Nihon Office Automation Research Co's Days Payable or its related term are showing as below:

NGO:5241' s Days Payable Range Over the Past 10 Years
Min: 14.35   Med: 16.57   Max: 29.54
Current: 16.13

During the past 5 years, Nihon Office Automation Research Co's highest Days Payable was 29.54. The lowest was 14.35. And the median was 16.57.

NGO:5241's Days Payable is ranked worse than
85.06% of 2603 companies
in the Software industry
Industry Median: 52.78 vs NGO:5241: 16.13

Nihon Office Automation Research Co's Days Payable declined from Dec. 2024 (16.68) to Dec. 2025 (15.07). It may suggest that Nihon Office Automation Research Co accelerated paying its suppliers.


Nihon Office Automation Research Co Days Payable Related Terms


Nihon Office Automation Research Co Days Payable Historical Data

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The historical data trend for Nihon Office Automation Research 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.

Nihon Office Automation Research Co Days Payable Chart

Nihon Office Automation Research Co Annual Data
Trend Dec20 Dec21 Dec23 Dec24 Dec25
Days Payable
29.54 19.98 14.35 16.47 16.57

Nihon Office Automation Research Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 16.24 16.68 16.79 15.07

NGO:5241 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Nihon Office Automation Research 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.


Nihon Office Automation Research Co Days Payable vs Software Industry

For the Software industry and Technology sector, Nihon Office Automation Research Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nihon Office Automation Research Co's Days Payable falls into.


NGO:5241
20GF Score
Nihon Office Automation Research Co Ltd NGO:5241
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Office Automation Research 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.

Nihon Office Automation Research Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (117.119 + 103.675) / 2 ) / 2431.45*365
=110.397 / 2431.45*365
=16.57

Nihon Office Automation Research Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (101.596 + 103.675) / 2 ) / 1242.822*365 / 2
=102.6355 / 1242.822*365 / 2
=15.07

* 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 15.07 mean?
Nihon Office Automation Research Co (NGO:5241) has a Days Payable of 15.07 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nihon Office Automation Research Co and its competitors. This is near median its historical median of 16.57. Over the past decade, Nihon Office Automation Research Co's Days Payable has ranged from 14.35 to 29.54. According to the industry distribution chart, Nihon Office Automation Research Co ranks #2214 out of 2603 companies in the Software industry, placing it in the top 85.1%.
Is Nihon Office Automation Research Co's Days Payable too high?
Nihon Office Automation Research Co's current Days Payable of 15.07 is near median its 10-year median of 16.57. Over the past 10 years, this metric has ranged from a low of 14.35 to a high of 29.54. The Software industry median Days Payable is 52.78. Nihon Office Automation Research Co's value of 15.07 is 71.4% below this industry median. Based on the distribution chart, Nihon Office Automation Research Co ranks #2214 out of 2603 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nihon Office Automation Research Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Nihon Office Automation Research Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Nihon Office Automation Research Co ranks #2214 out of 2603 companies for Days Payable. This places Nihon Office Automation Research Co in the lower half of its industry. The industry median Days Payable is 52.78. Nihon Office Automation Research Co's value of 15.07 is 71.4% below this benchmark. Historically, Nihon Office Automation Research Co's own Days Payable has ranged from 14.35 to 29.54 over the past decade. While the company's 10-year median is 16.57 vs. the industry median of 52.78, Nihon Office Automation Research 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 Software company?
The median Days Payable among Software companies is 52.78, based on 2,603 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. Nihon Office Automation Research Co's current Days Payable of 15.07 is 71.4% 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 Nihon Office Automation Research Co and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Office Automation Research Co's current Days Payable is 15.07, which is near median its own 10-year median of 16.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Office Automation Research Co stock overvalued right now?
Nihon Office Automation Research Co (NGO:5241) has a current Days Payable of 15.07. The current Days Payable is 15.07, which is near median its 10-year median of 16.57 and 71.4% below the Software industry median of 52.78. Nihon Office Automation Research Co's overall GF Score™ is 20/100 with 1 warning sign 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 Nihon Office Automation Research Co (NGO:5241), the current Days Payable is 15.07 as of Dec. 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.

Nihon Office Automation Research Co Business Description

Address 3-2-1 Nishikanda, First Building South Wing, 4th Floor, Tokyo Sumitomo Real Estate, Chiyoda, Chiyoda-ku, Tokyo, JPN, 101-0065
Nihon Office Automation Research Co Ltd is involved in system development, continuous maintenance, support, system modifications, and related services. The company provides high-value-added IT services by participating in the development of central government office systems.
20GF Score

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円742.00
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