What is Asahi-Seiki Manufacturing Co Days Payable?
Asahi-Seiki Manufacturing CoNGO:6111 +0.15%55 Days Payable is 24.47 as of Mar. 2026, which is 17% below its 10-year median of 29.43. GuruFocus rates NGO:6111 with a GF Score™ of 55/100 and a GF Value™ of 円2,348.06 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, Asahi-Seiki Manufacturing Co ranks worse than 89.45% on this metric.
* 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.
NGO:6111 vs CRS, ATI, MLI: Days Payable Comparison
For the Metal Fabrication subindustry, Asahi-Seiki Manufacturing 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.
Asahi-Seiki Manufacturing Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Asahi-Seiki Manufacturing Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Asahi-Seiki Manufacturing Co's Days Payable falls into.
Asahi-Seiki Manufacturing 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.
* 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.
Asahi-Seiki Manufacturing Co (NGO:6111) has a Days Payable of 24.47 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 Asahi-Seiki Manufacturing Co and its competitors. This is 17% below median its historical median of 29.43. Over the past decade, Asahi-Seiki Manufacturing Co's Days Payable has ranged from 23.07 to 71.32. According to the industry distribution chart, Asahi-Seiki Manufacturing Co ranks #2671 out of 2986 companies in the Industrial Products industry, placing it in the top 89.5%.
Is Asahi-Seiki Manufacturing Co's Days Payable too high?
Asahi-Seiki Manufacturing Co's current Days Payable of 24.47 is 17% below median its 10-year median of 29.43. Over the past 10 years, this metric has ranged from a low of 23.07 to a high of 71.32. The Industrial Products industry median Days Payable is 78.07. Asahi-Seiki Manufacturing Co's value of 24.47 is 68.7% below this industry median. Based on the distribution chart, Asahi-Seiki Manufacturing Co ranks #2671 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Asahi-Seiki Manufacturing Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi-Seiki Manufacturing Co's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Asahi-Seiki Manufacturing Co ranks #2671 out of 2986 companies for Days Payable. This places Asahi-Seiki Manufacturing Co in the lower half of its industry. The industry median Days Payable is 78.07. Asahi-Seiki Manufacturing Co's value of 24.47 is 68.7% below this benchmark. Historically, Asahi-Seiki Manufacturing Co's own Days Payable has ranged from 23.07 to 71.32 over the past decade. While the company's 10-year median is 29.43 vs. the industry median of 78.07, Asahi-Seiki Manufacturing 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 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. Asahi-Seiki Manufacturing Co's current Days Payable of 24.47 is 68.7% 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 Asahi-Seiki Manufacturing Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi-Seiki Manufacturing Co's current Days Payable is 24.47, which is 17% below median its own 10-year median of 29.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi-Seiki Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi-Seiki Manufacturing Co (NGO:6111) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,348.06, compared to a current price of 円2,032.00 — trading 13.5% below its estimated fair value. The current Days Payable is 24.47, which is 17% below median its 10-year median of 29.43 and 68.7% below the Industrial Products industry median of 78.07. Asahi-Seiki Manufacturing Co's overall GF Score™ is 55/100 with 5 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 Asahi-Seiki Manufacturing Co (NGO:6111), the current Days Payable is 24.47 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 Asahi-Seiki Manufacturing Co (NGO:6111) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi-Seiki Manufacturing Co stock appears to be undervalued.
The current stock price of 円2,032.00 is trading 13.5% below its estimated GF Value™ of 円2,348.06.
GuruFocus considers Asahi-Seiki Manufacturing Co to be Modestly Undervalued.
Key valuation signals for NGO:6111:
Days Payable: 24.47 (17% below median its 10-year median of 29.43)
GF Value™: 円2,348.06 vs. price of 円2,032.00 (13.5% below fair value)
Industry Position: 68.7% below the Industrial Products median (#2671 of 2986)
No single metric tells the full story. See the NGO:6111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi-Seiki Manufacturing Co Ltd is a Japan-based company that engages in the manufacture and sale of precision metal products, press machines, and spring forming machines. The company's segment includes the Precision Machining Division and the Mechanical Division. The company generates the majority of its revenue from the Precision Machining Division. The Precision Machining Division manufactures and sells precision metal products and small-caliber bullets.
55GF Score
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