Tokai Electronics CoNGO:8071 58 Days Payable is 41.48 as of Mar. 2026, which is 2% below its 10-year median of 42.42. GuruFocus rates NGO:8071 with a GF Score™ of 58/100 and a GF Value™ of 円1,823.39 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,440 Hardware companies, Tokai Electronics Co ranks worse than 74.47% on this metric.
The historical rank and industry rank for Tokai Electronics Co's Days Payable or its related term are showing as below:
NGO:8071'
s Days Payable Range Over the Past 10 Years
Min: 34.87 Med: 42.42 Max: 54.27
Current: 43.22
During the past 13 years, Tokai Electronics Co's highest Days Payable was 54.27. The lowest was 34.87. And the median was 42.42.
NGO:8071's Days Payable is ranked worse than 74.47% of 2440
companies
in the Hardware industry
Industry Median: 69.935
vs NGO:8071: 43.22
Tokai Electronics Co's Days Payable
increased
from Mar. 2025 (35.26) to Mar. 2026 (41.48).
It may suggest that Tokai Electronics Codelayed paying its suppliers.
Tokai Electronics Co Days Payable Related Terms
Tokai Electronics Co Days Payable Historical Data
* Premium members only.
The historical data trend for Tokai Electronics 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.
For the Electronic Components subindustry, Tokai Electronics 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.
Tokai Electronics Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Tokai Electronics Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tokai Electronics Co'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.
Tokai Electronics Co'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.
Tokai Electronics Co (NGO:8071) has a Days Payable of 41.48 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 Tokai Electronics Co and its competitors. This is near median its historical median of 42.42. Over the past decade, Tokai Electronics Co's Days Payable has ranged from 34.87 to 54.27. According to the industry distribution chart, Tokai Electronics Co ranks #1817 out of 2440 companies in the Hardware industry, placing it in the top 74.5%.
Is Tokai Electronics Co's Days Payable too high?
Tokai Electronics Co's current Days Payable of 41.48 is near median its 10-year median of 42.42. Over the past 10 years, this metric has ranged from a low of 34.87 to a high of 54.27. The Hardware industry median Days Payable is 69.94. Tokai Electronics Co's value of 41.48 is 40.7% below this industry median. Based on the distribution chart, Tokai Electronics Co ranks #1817 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Tokai Electronics Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Electronics Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Tokai Electronics Co ranks #1817 out of 2440 companies for Days Payable. This places Tokai Electronics Co in the lower half of its industry. The industry median Days Payable is 69.94. Tokai Electronics Co's value of 41.48 is 40.7% below this benchmark. Historically, Tokai Electronics Co's own Days Payable has ranged from 34.87 to 54.27 over the past decade. While the company's 10-year median is 42.42 vs. the industry median of 69.94, Tokai Electronics 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,440 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. Tokai Electronics Co's current Days Payable of 41.48 is 40.7% 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 Tokai Electronics Co and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Electronics Co's current Days Payable is 41.48, which is near median its own 10-year median of 42.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Electronics Co (NGO:8071) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,823.39, compared to a current price of 円2,846.00 — trading 56.1% above its estimated fair value. The current Days Payable is 41.48, which is near median its 10-year median of 42.42 and 40.7% below the Hardware industry median of 69.94. Tokai Electronics Co's overall GF Score™ is 58/100 with 7 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 Tokai Electronics Co (NGO:8071), the current Days Payable is 41.48 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 Tokai Electronics Co (NGO:8071) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Electronics Co stock appears to be overvalued.
The current stock price of 円2,846.00 is trading 56.1% above its estimated GF Value™ of 円1,823.39.
GuruFocus considers Tokai Electronics Co to be Significantly Overvalued.
Key valuation signals for NGO:8071:
Days Payable: 41.48 (near median its 10-year median of 42.42)
GF Value™: 円1,823.39 vs. price of 円2,846.00 (56.1% above fair value)
Industry Position: 40.7% below the Hardware median (#1817 of 2440)
No single metric tells the full story. See the NGO:8071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Electronics Co Ltd is engaged in the development, sales, import, and export of electronic devices, semiconductor devices, computer and microcomputer applied systems, and software.
58GF Score
Get the complete analysis for NGO:8071
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGO:8071 has been successfully added to your 
