Topy IndustriesNGO:7231 69 Days Payable is 40.60 as of Mar. 2026, which is 7% below its 10-year median of 43.85. GuruFocus rates NGO:7231 with a GF Score™ of 69/100 and a GF Value™ of 円2,445.03. The stock has 4 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Topy Industries ranks worse than 73.89% on this metric.
The historical rank and industry rank for Topy Industries's Days Payable or its related term are showing as below:
NGO:7231'
s Days Payable Range Over the Past 10 Years
Min: 41.85 Med: 43.85 Max: 47.46
Current: 41.85
During the past 13 years, Topy Industries's highest Days Payable was 47.46. The lowest was 41.85. And the median was 43.85.
NGO:7231's Days Payable is ranked worse than 73.89% of 1310
companies
in the Vehicles & Parts industry
Industry Median: 67.015
vs NGO:7231: 41.85
Topy Industries's Days Payable
increased
from Mar. 2025 (40.39) to Mar. 2026 (40.60).
It may suggest that Topy Industriesdelayed paying its suppliers.
Topy Industries Days Payable Related Terms
Topy Industries Days Payable Historical Data
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The historical data trend for Topy Industries'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 Auto Parts subindustry, Topy Industries'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.
Topy Industries Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Topy Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Topy Industries'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.
Topy Industries'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.
Topy Industries (NGO:7231) has a Days Payable of 40.60 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 Topy Industries and its competitors. This is near median its historical median of 43.85. Over the past decade, Topy Industries' Days Payable has ranged from 41.85 to 47.46. According to the industry distribution chart, Topy Industries ranks #968 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 73.9%.
Is Topy Industries' Days Payable too high?
Topy Industries' current Days Payable of 40.60 is near median its 10-year median of 43.85. Over the past 10 years, this metric has ranged from a low of 41.85 to a high of 47.46. The Vehicles & Parts industry median Days Payable is 67.02. Topy Industries' value of 40.60 is 39.4% below this industry median. Based on the distribution chart, Topy Industries ranks #968 out of 1310 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Topy Industries has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Topy Industries' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Topy Industries ranks #968 out of 1310 companies for Days Payable. This places Topy Industries in the lower half of its industry. The industry median Days Payable is 67.02. Topy Industries' value of 40.60 is 39.4% below this benchmark. Historically, Topy Industries' own Days Payable has ranged from 41.85 to 47.46 over the past decade. While the company's 10-year median is 43.85 vs. the industry median of 67.02, Topy Industries 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Topy Industries's current Days Payable of 40.60 is 39.4% 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 Topy Industries and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topy Industries's current Days Payable is 40.60, which is near median its own 10-year median of 43.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topy Industries stock overvalued right now?
Topy Industries (NGO:7231) has a current Days Payable of 40.60. The stock's GF Value™ is 円2,445.03, compared to a current price of 円2,850.00 — trading 16.6% above its estimated fair value. The current Days Payable is 40.60, which is near median its 10-year median of 43.85 and 39.4% below the Vehicles & Parts industry median of 67.02. Topy Industries' overall GF Score™ is 69/100 with 4 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 Topy Industries (NGO:7231), the current Days Payable is 40.60 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 Topy Industries (NGO:7231) Overvalued in 2026?
Based on GuruFocus' analysis, Topy Industries stock appears to be overvalued.
The current stock price of 円2,850.00 is trading 16.6% above its estimated GF Value™ of 円2,445.03.
Key valuation signals for NGO:7231:
Days Payable: 40.60 (near median its 10-year median of 43.85)
GF Value™: 円2,445.03 vs. price of 円2,850.00 (16.6% above fair value)
Industry Position: 39.4% below the Vehicles & Parts median (#968 of 1310)
No single metric tells the full story. See the NGO:7231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topy Industries Ltd is a Japanese producer of steel and automotive and industrial machinery components. Topy's largest segment by revenue, automotive and industrial machinery components, produces steel and aluminum wheels for passenger cars, commercial trucks, and buses; ultra-large-diameter wheels for mining dump trucks; industrial spring steel fasteners; and undercarriage components such as track shoes, cutting edges, links, and rollers. In its second- largest segment, the company produces general steel sections, deformed and flat bars, mast rail sections for forklifts, and universal mill plates.
69GF Score
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