Aisan Industry Co (NGO:7283) Days Payable: 40.48 (As of Mar. 2026) — 12% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:7283 Aisan Industry Co Ltd NGO:7283
85 GF Score
Price 円1,880.00
GF Value 円1,446.07
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Aisan Industry Co Days Payable?

Aisan Industry Co NGO:7283 85 Days Payable is 40.48 as of Mar. 2026, which is 12% below its 10-year median of 46.24. GuruFocus rates NGO:7283 with a GF Score™ of 85/100 and a GF Value™ of 円1,446.07 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Aisan Industry Co ranks worse than 74.43% on this metric.

Aisan Industry Co's average Accounts Payable for the three months ended in Mar. 2026 was 円32,369 Mil. Aisan Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円72,974 Mil. Hence, Aisan Industry Co's Days Payable for the three months ended in Mar. 2026 was 40.48.

The historical rank and industry rank for Aisan Industry Co's Days Payable or its related term are showing as below:

NGO:7283' s Days Payable Range Over the Past 10 Years
Min: 40.27   Med: 46.24   Max: 57.12
Current: 41.37

During the past 13 years, Aisan Industry Co's highest Days Payable was 57.12. The lowest was 40.27. And the median was 46.24.

NGO:7283's Days Payable is ranked worse than
74.43% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs NGO:7283: 41.37

Aisan Industry Co's Days Payable declined from Mar. 2025 (42.63) to Mar. 2026 (40.48). It may suggest that Aisan Industry Co accelerated paying its suppliers.


Aisan Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Aisan Industry Co'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.

Aisan Industry Co Days Payable Chart

Aisan Industry Co 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 46.42 42.83 40.27 42.16 42.44

Aisan Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 42.63 43.05 40.83 40.11 40.48

NGO:7283 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Aisan Industry Co'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.


Aisan Industry Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aisan Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Aisan Industry Co's Days Payable falls into.


NGO:7283
85GF Score
Aisan Industry Co Ltd NGO:7283
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aisan Industry Co 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.

Aisan Industry Co'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
=( (33722 + 33156) / 2 ) / 287593*365
=33439 / 287593*365
=42.44

Aisan Industry Co'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (31581 + 33156) / 2 ) / 72974*365 / 4
=32368.5 / 72974*365 / 4
=40.48

* 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 40.48 mean?
Aisan Industry Co (NGO:7283) has a Days Payable of 40.48 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 Aisan Industry Co and its competitors. This is 12% below median its historical median of 46.24. Over the past decade, Aisan Industry Co's Days Payable has ranged from 40.27 to 57.12. According to the industry distribution chart, Aisan Industry Co ranks #972 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 74.4%.
Is Aisan Industry Co's Days Payable too high?
Aisan Industry Co's current Days Payable of 40.48 is 12% below median its 10-year median of 46.24. Over the past 10 years, this metric has ranged from a low of 40.27 to a high of 57.12. The Vehicles & Parts industry median Days Payable is 67.14. Aisan Industry Co's value of 40.48 is 39.7% below this industry median. Based on the distribution chart, Aisan Industry Co ranks #972 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Aisan Industry Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aisan Industry Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Aisan Industry Co ranks #972 out of 1306 companies for Days Payable. This places Aisan Industry Co in the lower half of its industry. The industry median Days Payable is 67.14. Aisan Industry Co's value of 40.48 is 39.7% below this benchmark. Historically, Aisan Industry Co's own Days Payable has ranged from 40.27 to 57.12 over the past decade. While the company's 10-year median is 46.24 vs. the industry median of 67.14, Aisan Industry Co 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 67.14, based on 1,306 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. Aisan Industry Co's current Days Payable of 40.48 is 39.7% 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 Aisan Industry Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aisan Industry Co's current Days Payable is 40.48, which is 12% below median its own 10-year median of 46.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aisan Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Aisan Industry Co (NGO:7283) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,446.07, compared to a current price of 円1,880.00 — trading 30% above its estimated fair value. The current Days Payable is 40.48, which is 12% below median its 10-year median of 46.24 and 39.7% below the Vehicles & Parts industry median of 67.14. Aisan Industry Co's overall GF Score™ is 85/100 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 Aisan Industry Co (NGO:7283), the current Days Payable is 40.48 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 Aisan Industry Co (NGO:7283) Overvalued in 2026?

Based on GuruFocus' analysis, Aisan Industry Co stock appears to be overvalued. The current stock price of 円1,880.00 is trading 30% above its estimated GF Value™ of 円1,446.07. GuruFocus considers Aisan Industry Co to be Modestly Overvalued.

Key valuation signals for NGO:7283:

  • Days Payable: 40.48 (12% below median its 10-year median of 46.24)
  • GF Value™: 円1,446.07 vs. price of 円1,880.00 (30% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 39.7% below the Vehicles & Parts median (#972 of 1306)

No single metric tells the full story. See the NGO:7283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aisan Industry Co Business Description

Other Exchanges 7283:Japan
Address 1-1-1 Kyowa-cho, Obu-shi, Aichi-ken, JPN, 474-8588
Aisan Industry Co Ltd is a Japan based company engaged in manufacturing and sales of automotive parts. Its products include Fuel system products such as Fuel pump module to regulate pressure of the fuel; Intake and exhaust system products including throttle body, intake manifold, exhaust gas re-circulation product, positive crankcase ventilation valve; Emission control system products such as charcoal canister; Valve train system such as Engine Valve; Products for motorcycle such as FI System for Small Motorcycle, Titanium Alloy Engine Valve for Motorcycle, Charcoal Canister for Motorcycle; and Products for green vehicle includes products for fuel cell vehicle, products for electric vehicle and gas fuel systems for LPG, CNG.
85GF Score

Get the complete analysis for NGO:7283

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

円1,880.00
Price
円1,446.07
GF Value