NikkatoTSE:5367 -0.15%58 Days Payable is 62.43 as of Mar. 2026, which is 8% below its 10-year median of 68.17. GuruFocus rates TSE:5367 with a GF Score™ of 58/100 and a GF Value™ of 円634.86 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,991 Industrial Products companies, Nikkato ranks worse than 56.4% on this metric.
Nikkato's average Accounts Payable for the
three
months ended in Mar. 2026 was 円1,687 Mil. Nikkato's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円2,465 Mil.
Hence, Nikkato's Days Payable for the
three
months ended in Mar. 2026 was 62.43.
The historical rank and industry rank for Nikkato's Days Payable or its related term are showing as below:
TSE:5367'
s Days Payable Range Over the Past 10 Years
Min: 56.66 Med: 68.17 Max: 71.66
Current: 67.03
During the past 13 years, Nikkato's highest Days Payable was 71.66. The lowest was 56.66. And the median was 68.17.
TSE:5367's Days Payable is ranked worse than 56.4% of 2991
companies
in the Industrial Products industry
Industry Median: 78.08
vs TSE:5367: 67.03
Nikkato's Days Payable
declined
from Mar. 2025 (62.93) to Mar. 2026 (62.43).
It may suggest that Nikkatoaccelerated paying its suppliers.
Nikkato Days Payable Related Terms
Nikkato Days Payable Historical Data
* Premium members only.
The historical data trend for Nikkato'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 Specialty Industrial Machinery subindustry, Nikkato'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.
Nikkato Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nikkato's Days Payable distribution charts can be found below:
* The bar in red indicates where Nikkato'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.
Nikkato'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.
Nikkato (TSE:5367) has a Days Payable of 62.43 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 Nikkato and its competitors. This is near median its historical median of 68.17. Over the past decade, Nikkato's Days Payable has ranged from 56.66 to 71.66. According to the industry distribution chart, Nikkato ranks #1687 out of 2991 companies in the Industrial Products industry, placing it in the top 56.4%.
Is Nikkato's Days Payable too high?
Nikkato's current Days Payable of 62.43 is near median its 10-year median of 68.17. Over the past 10 years, this metric has ranged from a low of 56.66 to a high of 71.66. The Industrial Products industry median Days Payable is 78.08. Nikkato's value of 62.43 is 20% below this industry median. Based on the distribution chart, Nikkato ranks #1687 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nikkato has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikkato's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nikkato ranks #1687 out of 2991 companies for Days Payable. This places Nikkato in the lower half of its industry. The industry median Days Payable is 78.08. Nikkato's value of 62.43 is 20% below this benchmark. Historically, Nikkato's own Days Payable has ranged from 56.66 to 71.66 over the past decade. While the company's 10-year median is 68.17 vs. the industry median of 78.08, Nikkato 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Nikkato's current Days Payable of 62.43 is 20% 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 Nikkato and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikkato's current Days Payable is 62.43, which is near median its own 10-year median of 68.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikkato stock overvalued right now?
Based on GuruFocus' analysis, Nikkato (TSE:5367) is currently considered Significantly Overvalued. The stock's GF Value™ is 円634.86, compared to a current price of 円1,355.00 — trading 113.4% above its estimated fair value. The current Days Payable is 62.43, which is near median its 10-year median of 68.17 and 20% below the Industrial Products industry median of 78.08. Nikkato's overall GF Score™ is 58/100 with 1 warning sign 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 Nikkato (TSE:5367), the current Days Payable is 62.43 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 Nikkato (TSE:5367) Overvalued in 2026?
Based on GuruFocus' analysis, Nikkato stock appears to be overvalued.
The current stock price of 円1,355.00 is trading 113.4% above its estimated GF Value™ of 円634.86.
GuruFocus considers Nikkato to be Significantly Overvalued.
Key valuation signals for TSE:5367:
Days Payable: 62.43 (near median its 10-year median of 68.17)
GF Value™: 円634.86 vs. price of 円1,355.00 (113.4% above fair value)
Industry Position: 20% below the Industrial Products median (#1687 of 2991)
No single metric tells the full story. See the TSE:5367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nikkato Corp engages in the manufacture and sale of ceramics for industrial and laboratory use; measurement and control equipment; and various kinds of electric furnaces. The Ceramics products include functional ceramics, including thermal heating elements, oxygen sensors and ceramics filters; abrasion-resistant ceramics, including ball mills and crushing balls and components; heat-resistant ceramics, core tubes, transportation rollers and heat-treatment equipment and instruments; as well as physical and chemical ceramics, including evaporating dishes, crucibles and ceramics for experimental purposes. The firm also purchases and sells heating systems, including electric furnaces, vacuum furnaces and thermal treatment equipment; measuring systems, as well as measurement controllers.
58GF Score
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