NikonNINOY -1.96%76 Days Payable is 61.40 as of Mar. 2026, which is 21% below its 10-year median of 77.82. GuruFocus rates NINOY with a GF Score™ of 76/100 and a GF Value™ of $10.60 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 781 Travel & Leisure companies, Nikon ranks better than 56.85% on this metric.
Nikon's average Accounts Payable for the
three
months ended in Mar. 2026 was $488 Mil. Nikon's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $725 Mil.
Hence, Nikon's Days Payable for the
three
months ended in Mar. 2026 was 61.40.
The historical rank and industry rank for Nikon's Days Payable or its related term are showing as below:
NINOY'
s Days Payable Range Over the Past 10 Years
Min: 67.98 Med: 77.82 Max: 104.56
Current: 71.51
During the past 13 years, Nikon's highest Days Payable was 104.56. The lowest was 67.98. And the median was 77.82.
NINOY's Days Payable is ranked better than 56.85% of 781
companies
in the Travel & Leisure industry
Industry Median: 56.37
vs NINOY: 71.51
Nikon's Days Payable
declined
from Mar. 2025 (62.44) to Mar. 2026 (61.40).
It may suggest that Nikonaccelerated paying its suppliers.
Nikon Days Payable Related Terms
Nikon Days Payable Historical Data
* Premium members only.
The historical data trend for Nikon'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 Leisure subindustry, Nikon'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.
Nikon Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Nikon's Days Payable distribution charts can be found below:
* The bar in red indicates where Nikon'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.
Nikon'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.
Nikon (NINOY) has a Days Payable of 61.40 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 Nikon and its competitors. This is 21% below median its historical median of 77.82. Over the past decade, Nikon's Days Payable has ranged from 67.98 to 104.56. According to the industry distribution chart, Nikon ranks #337 out of 781 companies in the Travel & Leisure industry, placing it in the top 43.1%.
Is Nikon's Days Payable too high?
Nikon's current Days Payable of 61.40 is 21% below median its 10-year median of 77.82. Over the past 10 years, this metric has ranged from a low of 67.98 to a high of 104.56. The Travel & Leisure industry median Days Payable is 56.37. Nikon's value of 61.40 is 8.9% above this industry median. Based on the distribution chart, Nikon ranks #337 out of 781 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Nikon has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikon's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Nikon ranks #337 out of 781 companies for Days Payable. This puts Nikon in the upper half of its industry. The industry median Days Payable is 56.37. Nikon's value of 61.40 is 8.9% above this benchmark. Historically, Nikon's own Days Payable has ranged from 67.98 to 104.56 over the past decade. While the company's 10-year median is 77.82 vs. the industry median of 56.37, Nikon 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.37, based on 781 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. Nikon's current Days Payable of 61.40 is 8.9% 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 Nikon and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikon's current Days Payable is 61.40, which is 21% below median its own 10-year median of 77.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikon stock overvalued right now?
Based on GuruFocus' analysis, Nikon (NINOY) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.60, compared to a current price of $13.48 — trading 27.1% above its estimated fair value. The current Days Payable is 61.40, which is 21% below median its 10-year median of 77.82 and 8.9% above the Travel & Leisure industry median of 56.37. Nikon's overall GF Score™ is 76/100 with 9 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 Nikon (NINOY), the current Days Payable is 61.40 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 Nikon (NINOY) Overvalued in 2026?
Based on GuruFocus' analysis, Nikon stock appears to be overvalued.
The current stock price of $13.48 is trading 27.1% above its estimated GF Value™ of $10.60.
GuruFocus considers Nikon to be Modestly Overvalued.
Key valuation signals for NINOY:
Days Payable: 61.40 (21% below median its 10-year median of 77.82)
GF Value™: $10.60 vs. price of $13.48 (27.1% above fair value)
Industry Position: 8.9% above the Travel & Leisure median (#337 of 781)
No single metric tells the full story. See the NINOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nikon Corp is a Japan-based precision optics and imaging company. The group operates across five business segments: Component Business, providing industrial microscopes, measuring instruments, X-ray/CT inspection systems, optical components, and engineering services; Digital Manufacturing Business, offering metal 3D printers, encoders, digital solutions, EUV- and space-related components, and FPD photomask substrates; Healthcare Business, delivering life science, eye-care, and cell contract manufacturing solutions; Precision Machinery Business, focused on FPD and semiconductor lithography equipment; and Video Business, engaged in interchangeable-lens digital cameras, compact digital cameras, and interchangeable lenses. It generates majority of its revenue from the Video Business segment.
76GF Score
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