NHK Spring CoNHKGF 78 Days Payable is 46.51 as of Mar. 2026, which is 10% below its 10-year median of 51.66. GuruFocus rates NHKGF with a GF Score™ of 78/100 and a GF Value™ of $11.30 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,313 Vehicles & Parts companies, NHK Spring Co ranks worse than 66.26% on this metric.
The historical rank and industry rank for NHK Spring Co's Days Payable or its related term are showing as below:
NHKGF'
s Days Payable Range Over the Past 10 Years
Min: 48.98 Med: 51.66 Max: 57.12
Current: 48.98
During the past 13 years, NHK Spring Co's highest Days Payable was 57.12. The lowest was 48.98. And the median was 51.66.
NHKGF's Days Payable is ranked worse than 66.26% of 1313
companies
in the Vehicles & Parts industry
Industry Median: 67.12
vs NHKGF: 48.98
NHK Spring Co's Days Payable
declined
from Mar. 2025 (50.39) to Mar. 2026 (46.51).
It may suggest that NHK Spring Coaccelerated paying its suppliers.
NHK Spring Co Days Payable Related Terms
NHK Spring Co Days Payable Historical Data
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The historical data trend for NHK Spring 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 Auto Parts subindustry, NHK Spring 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.
NHK Spring Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's Days Payable distribution charts can be found below:
* The bar in red indicates where NHK Spring 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.
NHK Spring 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.
NHK Spring Co (NHKGF) has a Days Payable of 46.51 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 NHK Spring Co and its competitors. This is 10% below median its historical median of 51.66. Over the past decade, NHK Spring Co's Days Payable has ranged from 48.98 to 57.12. According to the industry distribution chart, NHK Spring Co ranks #870 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 66.3%.
Is NHK Spring Co's Days Payable too high?
NHK Spring Co's current Days Payable of 46.51 is 10% below median its 10-year median of 51.66. Over the past 10 years, this metric has ranged from a low of 48.98 to a high of 57.12. The Vehicles & Parts industry median Days Payable is 67.12. NHK Spring Co's value of 46.51 is 30.7% below this industry median. Based on the distribution chart, NHK Spring Co ranks #870 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, NHK Spring Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #870 out of 1313 companies for Days Payable. This places NHK Spring Co in the lower half of its industry. The industry median Days Payable is 67.12. NHK Spring Co's value of 46.51 is 30.7% below this benchmark. Historically, NHK Spring Co's own Days Payable has ranged from 48.98 to 57.12 over the past decade. While the company's 10-year median is 51.66 vs. the industry median of 67.12, NHK Spring 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 67.12, based on 1,313 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. NHK Spring Co's current Days Payable of 46.51 is 30.7% 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 NHK Spring Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NHK Spring Co's current Days Payable is 46.51, which is 10% below median its own 10-year median of 51.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $24.51 — trading 116.9% above its estimated fair value. The current Days Payable is 46.51, which is 10% below median its 10-year median of 51.66 and 30.7% below the Vehicles & Parts industry median of 67.12. NHK Spring Co's overall GF Score™ is 78/100 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 NHK Spring Co (NHKGF), the current Days Payable is 46.51 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 NHK Spring Co (NHKGF) Overvalued in 2026?
Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued.
The current stock price of $24.51 is trading 116.9% above its estimated GF Value™ of $11.30.
GuruFocus considers NHK Spring Co to be Significantly Overvalued.
Key valuation signals for NHKGF:
Days Payable: 46.51 (10% below median its 10-year median of 51.66)
GF Value™: $11.30 vs. price of $24.51 (116.9% above fair value)
Industry Position: 30.7% below the Vehicles & Parts median (#870 of 1313)
No single metric tells the full story. See the NHKGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
78GF Score
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