OkumaNGO:6103 87 Days Payable is 27.72 as of Mar. 2026, which is 33% below its 10-year median of 41.49. GuruFocus rates NGO:6103 with a GF Score™ of 87/100 and a GF Value™ of 円3,027.99. The stock has 1 warning sign investors should review. Among 2,991 Industrial Products companies, Okuma ranks worse than 84.55% on this metric.
Okuma's average Accounts Payable for the
three
months ended in Mar. 2026 was 円15,159 Mil. Okuma's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円49,902 Mil.
Hence, Okuma's Days Payable for the
three
months ended in Mar. 2026 was 27.72.
The historical rank and industry rank for Okuma's Days Payable or its related term are showing as below:
NGO:6103'
s Days Payable Range Over the Past 10 Years
Min: 33.11 Med: 41.49 Max: 45.03
Current: 33.43
During the past 13 years, Okuma's highest Days Payable was 45.03. The lowest was 33.11. And the median was 41.49.
NGO:6103's Days Payable is ranked worse than 84.55% of 2991
companies
in the Industrial Products industry
Industry Median: 78.08
vs NGO:6103: 33.43
Okuma's Days Payable
declined
from Mar. 2025 (33.79) to Mar. 2026 (27.72).
It may suggest that Okumaaccelerated paying its suppliers.
Okuma Days Payable Related Terms
Okuma Days Payable Historical Data
* Premium members only.
The historical data trend for Okuma'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 Specialty Industrial Machinery subindustry, Okuma'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.
Okuma Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Okuma's Days Payable distribution charts can be found below:
* The bar in red indicates where Okuma'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.
Okuma'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.
Okuma (NGO:6103) has a Days Payable of 27.72 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 Okuma and its competitors. This is 33% below median its historical median of 41.49. Over the past decade, Okuma's Days Payable has ranged from 33.11 to 45.03. According to the industry distribution chart, Okuma ranks #2529 out of 2991 companies in the Industrial Products industry, placing it in the top 84.6%.
Is Okuma's Days Payable too high?
Okuma's current Days Payable of 27.72 is 33% below median its 10-year median of 41.49. Over the past 10 years, this metric has ranged from a low of 33.11 to a high of 45.03. The Industrial Products industry median Days Payable is 78.08. Okuma's value of 27.72 is 64.5% below this industry median. Based on the distribution chart, Okuma ranks #2529 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Okuma has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Okuma's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Okuma ranks #2529 out of 2991 companies for Days Payable. This places Okuma in the lower half of its industry. The industry median Days Payable is 78.08. Okuma's value of 27.72 is 64.5% below this benchmark. Historically, Okuma's own Days Payable has ranged from 33.11 to 45.03 over the past decade. While the company's 10-year median is 41.49 vs. the industry median of 78.08, Okuma 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Okuma's current Days Payable of 27.72 is 64.5% 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 Okuma and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okuma's current Days Payable is 27.72, which is 33% below median its own 10-year median of 41.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okuma stock overvalued right now?
Okuma (NGO:6103) has a current Days Payable of 27.72. The stock's GF Value™ is 円3,027.99, compared to a current price of 円3,525.00 — trading 16.4% above its estimated fair value. The current Days Payable is 27.72, which is 33% below median its 10-year median of 41.49 and 64.5% below the Industrial Products industry median of 78.08. Okuma's overall GF Score™ is 87/100 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 Okuma (NGO:6103), the current Days Payable is 27.72 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 Okuma (NGO:6103) Overvalued in 2026?
Based on GuruFocus' analysis, Okuma stock appears to be overvalued.
The current stock price of 円3,525.00 is trading 16.4% above its estimated GF Value™ of 円3,027.99.
Key valuation signals for NGO:6103:
Days Payable: 27.72 (33% below median its 10-year median of 41.49)
GF Value™: 円3,027.99 vs. price of 円3,525.00 (16.4% above fair value)
Industry Position: 64.5% below the Industrial Products median (#2529 of 2991)
No single metric tells the full story. See the NGO:6103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okuma Corp is a Japan-based company that manufactures machine tools. The company's product portfolio comprises CNC lathes, aluminum wheel applications, horizontal multitasking machines, machining centers, and so on. In addition, the company provides other solutions including applications, system technologies, aftersales services, and others. The company has a number of subsidiaries overseas, including Okuma America Corp. (America), Okuma Europe GmbH (Germany), Okuma Machine Tool (Shanghai) Co., Ltd (China), BYJC Okuma (Beijing) Machine Tool Co., Ltd (China) and Tatung-Okuma Co., Ltd (Taiwan). In the domestic market, the company primarily operates through Nippon Seiki Shokai and Okuma Kosan Corp. The company generates around half of its revenue from overseas markets.
87GF Score
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