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Novac CoTSE:5079 +0.89%63 Days Payable is 36.85 as of Apr. 2026, which is 29% below its 10-year median of 51.69. GuruFocus rates TSE:5079 with a GF Score™ of 63/100 and a GF Value™ of 円3,190.93 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,718 Construction companies, Novac Co ranks worse than 83.18% on this metric.
Novac Co's average Accounts Payable for the
six
months ended in Apr. 2026 was 円3,161 Mil. Novac Co's Cost of Goods Sold for the
six
months ended in Apr. 2026 was 円15,654 Mil.
Hence, Novac Co's Days Payable for the
six
months ended in Apr. 2026 was 36.85.
The historical rank and industry rank for Novac Co's Days Payable or its related term are showing as below:
TSE:5079'
s Days Payable Range Over the Past 10 Years
Min: 35.77 Med: 51.69 Max: 86.52
Current: 35.77
During the past 7 years, Novac Co's highest Days Payable was 86.52. The lowest was 35.77. And the median was 51.69.
TSE:5079's Days Payable is ranked worse than 83.18% of 1718
companies
in the Construction industry
Industry Median: 76.565
vs TSE:5079: 35.77
Novac Co's Days Payable
declined
from Apr. 2025 (38.91) to Apr. 2026 (36.85).
It may suggest that Novac Coaccelerated paying its suppliers.
The historical data trend for Novac 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.
TSE:5079 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Novac 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.
Novac Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Novac Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Novac 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.
Novac Co's Days Payable for the fiscal year that ended in Apr. 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.
Novac Co (TSE:5079) has a Days Payable of 36.85 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Novac Co and its competitors. This is 29% below median its historical median of 51.69. Over the past decade, Novac Co's Days Payable has ranged from 35.77 to 86.52. According to the industry distribution chart, Novac Co ranks #1429 out of 1718 companies in the Construction industry, placing it in the top 83.2%.
Is Novac Co's Days Payable too high?
Novac Co's current Days Payable of 36.85 is 29% below median its 10-year median of 51.69. Over the past 10 years, this metric has ranged from a low of 35.77 to a high of 86.52. The Construction industry median Days Payable is 76.57. Novac Co's value of 36.85 is 51.9% below this industry median. Based on the distribution chart, Novac Co ranks #1429 out of 1718 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Novac Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novac Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Novac Co ranks #1429 out of 1718 companies for Days Payable. This places Novac Co in the lower half of its industry. The industry median Days Payable is 76.57. Novac Co's value of 36.85 is 51.9% below this benchmark. Historically, Novac Co's own Days Payable has ranged from 35.77 to 86.52 over the past decade. While the company's 10-year median is 51.69 vs. the industry median of 76.57, Novac 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 Construction company?
The median Days Payable among Construction companies is 76.57, based on 1,718 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. Novac Co's current Days Payable of 36.85 is 51.9% 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 Novac Co and its competitors. For the Construction industry, the median Days Payable is 76.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novac Co's current Days Payable is 36.85, which is 29% below median its own 10-year median of 51.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novac Co stock overvalued right now?
Based on GuruFocus' analysis, Novac Co (TSE:5079) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,190.93, compared to a current price of 円2,615.00 — trading 18% below its estimated fair value. The current Days Payable is 36.85, which is 29% below median its 10-year median of 51.69 and 51.9% below the Construction industry median of 76.57. Novac Co's overall GF Score™ is 63/100 with 5 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 Novac Co (TSE:5079), the current Days Payable is 36.85 as of Apr. 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 Novac Co (TSE:5079) Overvalued in 2026?
Based on GuruFocus' analysis, Novac Co stock appears to be undervalued.
The current stock price of 円2,615.00 is trading 18% below its estimated GF Value™ of 円3,190.93.
GuruFocus considers Novac Co to be Modestly Undervalued.
Key valuation signals for TSE:5079:
Days Payable: 36.85 (29% below median its 10-year median of 51.69)
GF Value™: 円3,190.93 vs. price of 円2,615.00 (18% below fair value)
Industry Position: 51.9% below the Construction median (#1429 of 1718)
No single metric tells the full story. See the TSE:5079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novac Co Ltd is engaged in civil engineering, building construction, and other related activities. Its reportable segments are the civil engineering business and the construction works business. Maximum revenue is generated from the construction works business, which mainly carries out construction works based on orders received for apartment buildings, schools, welfare facilities, government buildings, offices, and highway service areas. The civil engineering business mainly carries out social infrastructure construction works (road construction, river construction, water supply and sewerage construction, land development construction) ordered by public agencies.
63GF Score
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