Nikko Co (NGO:5343) Days Payable: 81.00 (As of Mar. 2026) — 17% Below Median

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NGO:5343 Nikko Co NGO:5343
57 GF Score
Price 円184.00
GF Value 円133.49
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nikko Co Days Payable?

Nikko Co NGO:5343 -0.54% 57 Days Payable is 81.00 as of Mar. 2026, which is 17% below its 10-year median of 97.46. GuruFocus rates NGO:5343 with a GF Score™ of 57/100 and a GF Value™ of 円133.49 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,000 Industrial Products companies, Nikko Co ranks better than 53.2% on this metric.

Nikko Co's average Accounts Payable for the three months ended in Mar. 2026 was 円2,461 Mil. Nikko Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円2,772 Mil. Hence, Nikko Co's Days Payable for the three months ended in Mar. 2026 was 81.00.

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

NGO:5343' s Days Payable Range Over the Past 10 Years
Min: 81.82   Med: 97.46   Max: 106.05
Current: 82.92

During the past 13 years, Nikko Co's highest Days Payable was 106.05. The lowest was 81.82. And the median was 97.46.

NGO:5343's Days Payable is ranked better than
53.2% of 3000 companies
in the Industrial Products industry
Industry Median: 77.475 vs NGO:5343: 82.92

Nikko Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (81.00). It may suggest that Nikko Co delayed paying its suppliers.


Nikko Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nikko 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.

Nikko Co Days Payable Chart

Nikko 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 100.59 99.19 101.87 97.11 81.82

Nikko Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 106.39 93.73 91.44 81.00 70.56

NGO:5343 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Nikko 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.


Nikko Co Days Payable vs Industrial Products Industry

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

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


NGO:5343
57GF Score
Nikko Co NGO:5343
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikko 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.

Nikko 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
=( (2734 + 2036) / 2 ) / 10639*365
=2385 / 10639*365
=81.82

Nikko 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2885 + 2036) / 2 ) / 2772*365 / 4
=2460.5 / 2772*365 / 4
=81.00

* 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 81.00 mean?
Nikko Co (NGO:5343) has a Days Payable of 81.00 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 Nikko Co and its competitors. This is 17% below median its historical median of 97.46. Over the past decade, Nikko Co's Days Payable has ranged from 81.82 to 106.05. According to the industry distribution chart, Nikko Co ranks #1404 out of 3000 companies in the Industrial Products industry, placing it in the top 46.8%.
Is Nikko Co's Days Payable too high?
Nikko Co's current Days Payable of 81.00 is 17% below median its 10-year median of 97.46. Over the past 10 years, this metric has ranged from a low of 81.82 to a high of 106.05. The Industrial Products industry median Days Payable is 77.48. Nikko Co's value of 81.00 is 4.5% above this industry median. Based on the distribution chart, Nikko Co ranks #1404 out of 3000 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nikko Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikko Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nikko Co ranks #1404 out of 3000 companies for Days Payable. This puts Nikko Co in the upper half of its industry. The industry median Days Payable is 77.48. Nikko Co's value of 81.00 is 4.5% above this benchmark. Historically, Nikko Co's own Days Payable has ranged from 81.82 to 106.05 over the past decade. While the company's 10-year median is 97.46 vs. the industry median of 77.48, Nikko 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.48, based on 3,000 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. Nikko Co's current Days Payable of 81.00 is 4.5% 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 Nikko Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikko Co's current Days Payable is 81.00, which is 17% below median its own 10-year median of 97.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikko Co stock overvalued right now?
Based on GuruFocus' analysis, Nikko Co (NGO:5343) is currently considered Significantly Overvalued. The stock's GF Value™ is 円133.49, compared to a current price of 円184.00 — trading 37.8% above its estimated fair value. The current Days Payable is 81.00, which is 17% below median its 10-year median of 97.46 and 4.5% above the Industrial Products industry median of 77.48. Nikko Co's overall GF Score™ is 57/100 with 3 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 Nikko Co (NGO:5343), the current Days Payable is 81.00 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 Nikko Co (NGO:5343) Overvalued in 2026?

Based on GuruFocus' analysis, Nikko Co stock appears to be overvalued. The current stock price of 円184.00 is trading 37.8% above its estimated GF Value™ of 円133.49. GuruFocus considers Nikko Co to be Significantly Overvalued.

Key valuation signals for NGO:5343:

  • Days Payable: 81.00 (17% below median its 10-year median of 97.46)
  • GF Value™: 円133.49 vs. price of 円184.00 (37.8% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 4.5% above the Industrial Products median (#1404 of 3000)

No single metric tells the full story. See the NGO:5343 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikko Co Business Description

Address Sumitomo Real Estate Chiyoda, First Wing 2F, 2-36-1 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 9248686
Nikko Co is engaged in manufacturing hosing and environmental equipment.
57GF Score

Get the complete analysis for NGO:5343

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

円184.00
Price
円133.49
GF Value