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Toyo ElectricNGO:6655 -1.02%67 Days Payable is 26.58 as of Mar. 2026, which is 46% below its 10-year median of 48.98. GuruFocus rates NGO:6655 with a GF Score™ of 67/100 and a GF Value™ of 円801.74 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,002 Industrial Products companies, Toyo Electric ranks worse than 89.11% on this metric.
The historical data trend for Toyo 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.
For the Electrical Equipment & Parts subindustry, Toyo 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.
Toyo Electric Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Toyo Electric's Days Payable distribution charts can be found below:
* The bar in red indicates where Toyo Electric'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.
Toyo Electric'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.
Toyo Electric (NGO:6655) has a Days Payable of 26.58 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 Toyo Electric and its competitors. This is 46% below median its historical median of 48.98. Over the past decade, Toyo Electric's Days Payable has ranged from 26.95 to 79.37. According to the industry distribution chart, Toyo Electric ranks #2675 out of 3002 companies in the Industrial Products industry, placing it in the top 89.1%.
Is Toyo Electric's Days Payable too high?
Toyo Electric's current Days Payable of 26.58 is 46% below median its 10-year median of 48.98. Over the past 10 years, this metric has ranged from a low of 26.95 to a high of 79.37. The Industrial Products industry median Days Payable is 77.54. Toyo Electric's value of 26.58 is 65.7% below this industry median. Based on the distribution chart, Toyo Electric ranks #2675 out of 3002 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Toyo Electric has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Electric's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Toyo Electric ranks #2675 out of 3002 companies for Days Payable. This places Toyo Electric in the lower half of its industry. The industry median Days Payable is 77.54. Toyo Electric's value of 26.58 is 65.7% below this benchmark. Historically, Toyo Electric's own Days Payable has ranged from 26.95 to 79.37 over the past decade. While the company's 10-year median is 48.98 vs. the industry median of 77.54, Toyo 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 77.54, based on 3,002 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. Toyo Electric's current Days Payable of 26.58 is 65.7% 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 Toyo Electric and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Electric's current Days Payable is 26.58, which is 46% below median its own 10-year median of 48.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Electric stock overvalued right now?
Based on GuruFocus' analysis, Toyo Electric (NGO:6655) is currently considered Fairly Valued. The stock's GF Value™ is 円801.74, compared to a current price of 円778.00 — trading 3% below its estimated fair value. The current Days Payable is 26.58, which is 46% below median its 10-year median of 48.98 and 65.7% below the Industrial Products industry median of 77.54. Toyo Electric's overall GF Score™ is 67/100 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 Toyo Electric (NGO:6655), the current Days Payable is 26.58 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 Toyo Electric (NGO:6655) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Electric stock appears to be undervalued.
The current stock price of 円778.00 is trading 3% below its estimated GF Value™ of 円801.74.
GuruFocus considers Toyo Electric to be Fairly Valued.
Key valuation signals for NGO:6655:
Days Payable: 26.58 (46% below median its 10-year median of 48.98)
GF Value™: 円801.74 vs. price of 円778.00 (3% below fair value)
Industry Position: 65.7% below the Industrial Products median (#2675 of 3002)
No single metric tells the full story. See the NGO:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Electric Corp is a Japan based company engaged in the manufacture and maintenance of switchboards and transformers. The company provides monitoring and control equipment, distribution boards, transformers, sensors, equipment for solutions, and manufactures and sells switchboards and elevator sensors, and the Company outsources the manufacturing of products and sells and purchases raw materials.
67GF Score
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