Chuo Seisakusho (NGO:6846) Days Payable: 20.95 (As of Mar. 2026) — 77% Below Median

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NGO:6846 Chuo Seisakusho Ltd NGO:6846
62 GF Score
Price 円1,382.00
GF Value 円1,370.66
Valuation Fairly Valued
! 6 Warning Signs
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What is Chuo Seisakusho Days Payable?

Chuo Seisakusho NGO:6846 62 Days Payable is 20.95 as of Mar. 2026, which is 77% below its 10-year median of 92.90. GuruFocus rates NGO:6846 with a GF Score™ of 62/100 and a GF Value™ of 円1,370.66 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,000 Industrial Products companies, Chuo Seisakusho ranks worse than 92.43% on this metric.

Chuo Seisakusho's average Accounts Payable for the six months ended in Mar. 2026 was 円184 Mil. Chuo Seisakusho's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,605 Mil. Hence, Chuo Seisakusho's Days Payable for the six months ended in Mar. 2026 was 20.95.

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

NGO:6846' s Days Payable Range Over the Past 10 Years
Min: 21.22   Med: 92.9   Max: 115.74
Current: 23.44

During the past 13 years, Chuo Seisakusho's highest Days Payable was 115.74. The lowest was 21.22. And the median was 92.90.

NGO:6846's Days Payable is ranked worse than
92.43% of 3000 companies
in the Industrial Products industry
Industry Median: 77.475 vs NGO:6846: 23.44

Chuo Seisakusho's Days Payable increased from Mar. 2025 (15.66) to Mar. 2026 (20.95). It may suggest that Chuo Seisakusho delayed paying its suppliers.


Chuo Seisakusho Days Payable Historical Data

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The historical data trend for Chuo Seisakusho'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.

Chuo Seisakusho Days Payable Chart

Chuo Seisakusho 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 77.09 99.88 53.06 21.22 26.51

Chuo Seisakusho 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 35.76 27.90 15.66 23.05 20.95

NGO:6846 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Chuo Seisakusho'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.


Chuo Seisakusho Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Chuo Seisakusho's Days Payable falls into.


NGO:6846
62GF Score
Chuo Seisakusho Ltd NGO:6846
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chuo Seisakusho 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.

Chuo Seisakusho'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
=( (196.665 + 229.384) / 2 ) / 2933.169*365
=213.0245 / 2933.169*365
=26.51

Chuo Seisakusho'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
=( (139.017 + 229.384) / 2 ) / 1604.541*365 / 2
=184.2005 / 1604.541*365 / 2
=20.95

* 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 20.95 mean?
Chuo Seisakusho (NGO:6846) has a Days Payable of 20.95 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 Chuo Seisakusho and its competitors. This is 77% below median its historical median of 92.90. Over the past decade, Chuo Seisakusho's Days Payable has ranged from 21.22 to 115.74. According to the industry distribution chart, Chuo Seisakusho ranks #2773 out of 3000 companies in the Industrial Products industry, placing it in the top 92.4%.
Is Chuo Seisakusho's Days Payable too high?
Chuo Seisakusho's current Days Payable of 20.95 is 77% below median its 10-year median of 92.90. Over the past 10 years, this metric has ranged from a low of 21.22 to a high of 115.74. The Industrial Products industry median Days Payable is 77.48. Chuo Seisakusho's value of 20.95 is 73% below this industry median. Based on the distribution chart, Chuo Seisakusho ranks #2773 out of 3000 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Chuo Seisakusho has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chuo Seisakusho's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chuo Seisakusho ranks #2773 out of 3000 companies for Days Payable. This places Chuo Seisakusho in the lower half of its industry. The industry median Days Payable is 77.48. Chuo Seisakusho's value of 20.95 is 73% below this benchmark. Historically, Chuo Seisakusho's own Days Payable has ranged from 21.22 to 115.74 over the past decade. While the company's 10-year median is 92.90 vs. the industry median of 77.48, Chuo Seisakusho 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 77.48, based on 3,000 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. Chuo Seisakusho's current Days Payable of 20.95 is 73% 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 Chuo Seisakusho and its competitors. For the Industrial Products industry, the median Days Payable is 77.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chuo Seisakusho's current Days Payable is 20.95, which is 77% below median its own 10-year median of 92.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chuo Seisakusho stock overvalued right now?
Based on GuruFocus' analysis, Chuo Seisakusho (NGO:6846) is currently considered Fairly Valued. The stock's GF Value™ is 円1,370.66, compared to a current price of 円1,382.00 — trading 0.8% above its estimated fair value. The current Days Payable is 20.95, which is 77% below median its 10-year median of 92.90 and 73% below the Industrial Products industry median of 77.48. Chuo Seisakusho's overall GF Score™ is 62/100 with 6 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 Chuo Seisakusho (NGO:6846), the current Days Payable is 20.95 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 Chuo Seisakusho (NGO:6846) Overvalued in 2026?

Based on GuruFocus' analysis, Chuo Seisakusho stock appears to be overvalued. The current stock price of 円1,382.00 is trading 0.8% above its estimated GF Value™ of 円1,370.66. GuruFocus considers Chuo Seisakusho to be Fairly Valued.

Key valuation signals for NGO:6846:

  • Days Payable: 20.95 (77% below median its 10-year median of 92.90)
  • GF Value™: 円1,370.66 vs. price of 円1,382.00 (0.8% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 73% below the Industrial Products median (#2773 of 3000)

No single metric tells the full story. See the NGO:6846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chuo Seisakusho Business Description

Address 24, No. 1 Uchihama Town, Mizuho-ku, Nagoya, JPN
Chuo Seisakusho Ltd is engaged as a manufacturer of electrical equipment in Japan. It has number of environmental equipments, such as electric resistance welding machine, electrolytic machining, surface treatment equipment & various types of power equipment.
62GF Score

Get the complete analysis for NGO:6846

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

円1,382.00
Price
円1,370.66
GF Value