Kikukawa Enterprise (NGO:6346) Days Payable: 16.59 (As of Mar. 2026) — 62% Below Median


NGO:6346 Kikukawa Enterprise Inc NGO:6346
68 GF Score
Price 円5,960.00
GF Value 円4,171.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Kikukawa Enterprise Days Payable?

Kikukawa Enterprise NGO:6346 68 Days Payable is 16.59 as of Mar. 2026, which is 62% below its 10-year median of 43.25. GuruFocus rates NGO:6346 with a GF Score™ of 68/100 and a GF Value™ of 円4,171.87 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,987 Industrial Products companies, Kikukawa Enterprise ranks worse than 92.57% on this metric.

Kikukawa Enterprise's average Accounts Payable for the six months ended in Mar. 2026 was 円112 Mil. Kikukawa Enterprise's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,235 Mil. Hence, Kikukawa Enterprise's Days Payable for the six months ended in Mar. 2026 was 16.59.

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

NGO:6346' s Days Payable Range Over the Past 10 Years
Min: 23.03   Med: 43.25   Max: 63.38
Current: 23.03

During the past 13 years, Kikukawa Enterprise's highest Days Payable was 63.38. The lowest was 23.03. And the median was 43.25.

NGO:6346's Days Payable is ranked worse than
92.57% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs NGO:6346: 23.03

Kikukawa Enterprise's Days Payable declined from Mar. 2025 (21.06) to Mar. 2026 (16.59). It may suggest that Kikukawa Enterprise accelerated paying its suppliers.


Kikukawa Enterprise Days Payable Historical Data

* Premium members only.

The historical data trend for Kikukawa Enterprise'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.

Kikukawa Enterprise Days Payable Chart

Kikukawa Enterprise 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 48.69 63.38 51.96 42.94 25.45

Kikukawa Enterprise Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 50.45 85.15 21.06 28.06 16.59

NGO:6346 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Kikukawa Enterprise'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.


Kikukawa Enterprise Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Kikukawa Enterprise's Days Payable falls into.


NGO:6346
68GF Score
Kikukawa Enterprise Inc NGO:6346
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kikukawa Enterprise 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.

Kikukawa Enterprise'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
=( (205.545 + 111.254) / 2 ) / 2271.812*365
=158.3995 / 2271.812*365
=25.45

Kikukawa Enterprise'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (113.266 + 111.254) / 2 ) / 1234.986*365 / 2
=112.26 / 1234.986*365 / 2
=16.59

* 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 16.59 mean?
Kikukawa Enterprise (NGO:6346) has a Days Payable of 16.59 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 Kikukawa Enterprise and its competitors. This is 62% below median its historical median of 43.25. Over the past decade, Kikukawa Enterprise's Days Payable has ranged from 23.03 to 63.38. According to the industry distribution chart, Kikukawa Enterprise ranks #2765 out of 2987 companies in the Industrial Products industry, placing it in the top 92.6%.
Is Kikukawa Enterprise's Days Payable too high?
Kikukawa Enterprise's current Days Payable of 16.59 is 62% below median its 10-year median of 43.25. Over the past 10 years, this metric has ranged from a low of 23.03 to a high of 63.38. The Industrial Products industry median Days Payable is 78.05. Kikukawa Enterprise's value of 16.59 is 78.7% below this industry median. Based on the distribution chart, Kikukawa Enterprise ranks #2765 out of 2987 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kikukawa Enterprise has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kikukawa Enterprise's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kikukawa Enterprise ranks #2765 out of 2987 companies for Days Payable. This places Kikukawa Enterprise in the lower half of its industry. The industry median Days Payable is 78.05. Kikukawa Enterprise's value of 16.59 is 78.7% below this benchmark. Historically, Kikukawa Enterprise's own Days Payable has ranged from 23.03 to 63.38 over the past decade. While the company's 10-year median is 43.25 vs. the industry median of 78.05, Kikukawa Enterprise 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 78.05, based on 2,987 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. Kikukawa Enterprise's current Days Payable of 16.59 is 78.7% 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 Kikukawa Enterprise and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kikukawa Enterprise's current Days Payable is 16.59, which is 62% below median its own 10-year median of 43.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kikukawa Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Kikukawa Enterprise (NGO:6346) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,171.87, compared to a current price of 円5,960.00 — trading 42.9% above its estimated fair value. The current Days Payable is 16.59, which is 62% below median its 10-year median of 43.25 and 78.7% below the Industrial Products industry median of 78.05. Kikukawa Enterprise's overall GF Score™ is 68/100 with 2 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 Kikukawa Enterprise (NGO:6346), the current Days Payable is 16.59 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 Kikukawa Enterprise (NGO:6346) Overvalued in 2026?

Based on GuruFocus' analysis, Kikukawa Enterprise stock appears to be overvalued. The current stock price of 円5,960.00 is trading 42.9% above its estimated GF Value™ of 円4,171.87. GuruFocus considers Kikukawa Enterprise to be Significantly Overvalued.

Key valuation signals for NGO:6346:

  • Days Payable: 16.59 (62% below median its 10-year median of 43.25)
  • GF Value™: 円4,171.87 vs. price of 円5,960.00 (42.9% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 78.7% below the Industrial Products median (#2765 of 2987)

No single metric tells the full story. See the NGO:6346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kikukawa Enterprise Business Description

Other Exchanges 6346:Japan
Address 3477-36 Asama-cho, Mie Prefecture, Ise, JPN
Kikukawa Enterprise Inc is a Japan-based company engages in the manufacture and sale of woodworking equipment and machine tools. Its products include sawmilling machinery, machine tools for processing iron and non-ferrous metals, and machines for fabricating synthetic resin products.
68GF Score

Get the complete analysis for NGO:6346

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

円5,960.00
Price
円4,171.87
GF Value