Aichi Electric (NGO:6623) Days Payable: 39.02 (As of Mar. 2026) — 24% Below Median


NGO:6623 Aichi Electric NGO:6623
65 GF Score
Price 円9,300.00
GF Value 円4,875.59
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Aichi Electric Days Payable?

Aichi Electric NGO:6623 -1.27% 65 Days Payable is 39.02 as of Mar. 2026, which is 24% below its 10-year median of 51.13. GuruFocus rates NGO:6623 with a GF Score™ of 65/100 and a GF Value™ of 円4,875.59 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, Aichi Electric ranks worse than 77.33% on this metric.

Aichi Electric's average Accounts Payable for the six months ended in Mar. 2026 was 円12,338 Mil. Aichi Electric's Cost of Goods Sold for the six months ended in Mar. 2026 was 円57,706 Mil. Hence, Aichi Electric's Days Payable for the six months ended in Mar. 2026 was 39.02.

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

NGO:6623' s Days Payable Range Over the Past 10 Years
Min: 40.72   Med: 51.13   Max: 74.81
Current: 40.72

During the past 13 years, Aichi Electric's highest Days Payable was 74.81. The lowest was 40.72. And the median was 51.13.

NGO:6623's Days Payable is ranked worse than
77.33% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs NGO:6623: 40.72

Aichi Electric's Days Payable declined from Mar. 2025 (40.12) to Mar. 2026 (39.02). It may suggest that Aichi Electric accelerated paying its suppliers.


Aichi Electric Days Payable Historical Data

* Premium members only.

The historical data trend for Aichi Electric'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.

Aichi Electric Days Payable Chart

Aichi Electric 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 50.09 49.08 48.09 40.83 41.87

Aichi Electric 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 42.12 42.93 40.12 41.45 39.02

NGO:6623 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Aichi Electric'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.


Aichi Electric Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Aichi Electric's Days Payable falls into.


NGO:6623
65GF Score
Aichi Electric NGO:6623
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aichi Electric 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.

Aichi Electric'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
=( (11424 + 13319) / 2 ) / 107849*365
=12371.5 / 107849*365
=41.87

Aichi Electric'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
=( (11356 + 13319) / 2 ) / 57706*365 / 2
=12337.5 / 57706*365 / 2
=39.02

* 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 39.02 mean?
Aichi Electric (NGO:6623) has a Days Payable of 39.02 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 Aichi Electric and its competitors. This is 24% below median its historical median of 51.13. Over the past decade, Aichi Electric's Days Payable has ranged from 40.72 to 74.81. According to the industry distribution chart, Aichi Electric ranks #2309 out of 2986 companies in the Industrial Products industry, placing it in the top 77.3%.
Is Aichi Electric's Days Payable too high?
Aichi Electric's current Days Payable of 39.02 is 24% below median its 10-year median of 51.13. Over the past 10 years, this metric has ranged from a low of 40.72 to a high of 74.81. The Industrial Products industry median Days Payable is 78.07. Aichi Electric's value of 39.02 is 50% below this industry median. Based on the distribution chart, Aichi Electric ranks #2309 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Aichi Electric has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aichi Electric's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Aichi Electric ranks #2309 out of 2986 companies for Days Payable. This places Aichi Electric in the lower half of its industry. The industry median Days Payable is 78.07. Aichi Electric's value of 39.02 is 50% below this benchmark. Historically, Aichi Electric's own Days Payable has ranged from 40.72 to 74.81 over the past decade. While the company's 10-year median is 51.13 vs. the industry median of 78.07, Aichi Electric 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. Aichi Electric's current Days Payable of 39.02 is 50% 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 Aichi Electric 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. Aichi Electric's current Days Payable is 39.02, which is 24% below median its own 10-year median of 51.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aichi Electric stock overvalued right now?
Based on GuruFocus' analysis, Aichi Electric (NGO:6623) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,875.59, compared to a current price of 円9,300.00 — trading 90.7% above its estimated fair value. The current Days Payable is 39.02, which is 24% below median its 10-year median of 51.13 and 50% below the Industrial Products industry median of 78.07. Aichi Electric's overall GF Score™ is 65/100 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 Aichi Electric (NGO:6623), the current Days Payable is 39.02 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 Aichi Electric (NGO:6623) Overvalued in 2026?

Based on GuruFocus' analysis, Aichi Electric stock appears to be overvalued. The current stock price of 円9,300.00 is trading 90.7% above its estimated GF Value™ of 円4,875.59. GuruFocus considers Aichi Electric to be Significantly Overvalued.

Key valuation signals for NGO:6623:

  • Days Payable: 39.02 (24% below median its 10-year median of 51.13)
  • GF Value™: 円4,875.59 vs. price of 円9,300.00 (90.7% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 50% below the Industrial Products median (#2309 of 2986)

No single metric tells the full story. See the NGO:6623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aichi Electric Business Description

Address 1,Aichi-cho, Kasugai, JPN, 486-8666
Aichi Electric Co., Ltd is engaged in providing electric power products in Japan. The company's products offerings are A transformer, Motor, Applied equipment, Plant equipment, Power conversion equipment, and others. Its segments include: Power Equipment; and Rotating Machines.
65GF Score

Get the complete analysis for NGO:6623

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

円9,300.00
Price
円4,875.59
GF Value