Toyo ElectricNGO:6655 -0.61%64 Days Payable is 23.61 as of Mar. 2026, which is 52% below its 10-year median of 48.98. GuruFocus rates NGO:6655 with a GF Score™ of 64/100 and a GF Value™ of 円804.21 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,986 Industrial Products companies, Toyo Electric ranks worse than 89.62% on this metric.
The historical rank and industry rank for Toyo Electric's Days Payable or its related term are showing as below:
NGO:6655'
s Days Payable Range Over the Past 10 Years
Min: 26.95 Med: 48.98 Max: 79.37
Current: 26.95
During the past 13 years, Toyo Electric's highest Days Payable was 79.37. The lowest was 26.95. And the median was 48.98.
NGO:6655's Days Payable is ranked worse than 89.62% of 2986
companies
in the Industrial Products industry
Industry Median: 77.81
vs NGO:6655: 26.95
Toyo Electric's Days Payable
declined
from Mar. 2025 (26.59) to Mar. 2026 (23.61).
It may suggest that Toyo Electricaccelerated paying its suppliers.
Toyo Electric Days Payable Related Terms
Toyo Electric Days Payable Historical Data
* Premium members only.
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 23.61 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 52% 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 #2676 out of 2986 companies in the Industrial Products industry, placing it in the top 89.6%.
Is Toyo Electric's Days Payable too high?
Toyo Electric's current Days Payable of 23.61 is 52% 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 77.81. Toyo Electric's value of 23.61 is 69.7% below this industry median. Based on the distribution chart, Toyo Electric ranks #2676 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Toyo Electric has a GF Score™ of 64/100 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 #2676 out of 2986 companies for Days Payable. This places Toyo Electric in the lower half of its industry. The industry median Days Payable is 77.81. Toyo Electric's value of 23.61 is 69.7% 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 77.81, 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 77.81, 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. Toyo Electric's current Days Payable of 23.61 is 69.7% 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 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Electric's current Days Payable is 23.61, which is 52% 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804.21, compared to a current price of 円810.00 — trading 0.7% above its estimated fair value. The current Days Payable is 23.61, which is 52% below median its 10-year median of 48.98 and 69.7% below the Industrial Products industry median of 77.81. Toyo Electric's overall GF Score™ is 64/100 with 3 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 23.61 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 overvalued.
The current stock price of 円810.00 is trading 0.7% above its estimated GF Value™ of 円804.21.
GuruFocus considers Toyo Electric to be Fairly Valued.
Key valuation signals for NGO:6655:
Days Payable: 23.61 (52% below median its 10-year median of 48.98)
GF Value™: 円804.21 vs. price of 円810.00 (0.7% above fair value)
Industry Position: 69.7% below the Industrial Products median (#2676 of 2986)
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.
64GF Score
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