OkayaNGO:7485 +2.59%79 Days Payable is 47.08 as of Feb. 2026, which is 4% above its 10-year median of 45.36. GuruFocus rates NGO:7485 with a GF Score™ of 79/100 and a GF Value™ of 円3,767.61 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 597 Steel companies, Okaya ranks better than 53.77% on this metric.
Okaya's average Accounts Payable for the
three
months ended in Feb. 2026 was 円136,450 Mil. Okaya's Cost of Goods Sold for the
three
months ended in Feb. 2026 was 円264,476 Mil.
Hence, Okaya's Days Payable for the
three
months ended in Feb. 2026 was 47.08.
The historical rank and industry rank for Okaya's Days Payable or its related term are showing as below:
NGO:7485'
s Days Payable Range Over the Past 10 Years
Min: 40.2 Med: 45.36 Max: 52.08
Current: 46.61
During the past 13 years, Okaya's highest Days Payable was 52.08. The lowest was 40.20. And the median was 45.36.
NGO:7485's Days Payable is ranked better than 53.77% of 597
companies
in the Steel industry
Industry Median: 41.39
vs NGO:7485: 46.61
Okaya's Days Payable
increased
from Feb. 2025 (46.57) to Feb. 2026 (47.08).
It may suggest that Okayadelayed paying its suppliers.
Okaya Days Payable Related Terms
Okaya Days Payable Historical Data
* Premium members only.
The historical data trend for Okaya'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.
NGO:7485 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Okaya'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.
Okaya Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Okaya's Days Payable distribution charts can be found below:
* The bar in red indicates where Okaya'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.
Okaya's Days Payable for the fiscal year that ended in Feb. 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.
Okaya (NGO:7485) has a Days Payable of 47.08 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Okaya and its competitors. This is near median its historical median of 45.36. Over the past decade, Okaya's Days Payable has ranged from 40.20 to 52.08. According to the industry distribution chart, Okaya ranks #276 out of 597 companies in the Steel industry, placing it in the top 46.2%.
Is Okaya's Days Payable too high?
Okaya's current Days Payable of 47.08 is near median its 10-year median of 45.36. Over the past 10 years, this metric has ranged from a low of 40.20 to a high of 52.08. The Steel industry median Days Payable is 41.39. Okaya's value of 47.08 is 13.7% above this industry median. Based on the distribution chart, Okaya ranks #276 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, Okaya has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okaya's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Okaya ranks #276 out of 597 companies for Days Payable. This puts Okaya in the upper half of its industry. The industry median Days Payable is 41.39. Okaya's value of 47.08 is 13.7% above this benchmark. Historically, Okaya's own Days Payable has ranged from 40.20 to 52.08 over the past decade. While the company's 10-year median is 45.36 vs. the industry median of 41.39, Okaya has consistently been above 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 597 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. Okaya's current Days Payable of 47.08 is 13.7% above 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 Okaya and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okaya's current Days Payable is 47.08, which is near median its own 10-year median of 45.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okaya stock overvalued right now?
Based on GuruFocus' analysis, Okaya (NGO:7485) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,767.61, compared to a current price of 円5,150.00 — trading 36.7% above its estimated fair value. The current Days Payable is 47.08, which is near median its 10-year median of 45.36 and 13.7% above the Steel industry median of 41.39. Okaya's overall GF Score™ is 79/100 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 Okaya (NGO:7485), the current Days Payable is 47.08 as of Feb. 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 Okaya (NGO:7485) Overvalued in 2026?
Based on GuruFocus' analysis, Okaya stock appears to be overvalued.
The current stock price of 円5,150.00 is trading 36.7% above its estimated GF Value™ of 円3,767.61.
GuruFocus considers Okaya to be Significantly Overvalued.
Key valuation signals for NGO:7485:
Days Payable: 47.08 (near median its 10-year median of 45.36)
GF Value™: 円3,767.61 vs. price of 円5,150.00 (36.7% above fair value)
Industry Position: 13.7% above the Steel median (#276 of 597)
No single metric tells the full story. See the NGO:7485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okaya & Co Ltd is a Japan-based trading company. It is engaged in the businesses of iron and steel; information and electronics; industrial machinery and materials; and living-related products. Its products include iron and steel, special steel, non-ferrous metals, electrical and electronic parts, chemical products, machinery and tools, piping and housing equipment, construction-related items, and food products.
79GF Score
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