KokyoTSE:5887 23 Days Payable is 29.48 as of Dec. 2025, which is 16% below its 10-year median of 35.15. GuruFocus rates TSE:5887 with a GF Score™ of 23/100. The stock has 4 warning signs investors should review.
Kokyo's average Accounts Payable for the
six
months ended in Dec. 2025 was 円131 Mil. Kokyo's Cost of Goods Sold for the
six
months ended in Dec. 2025 was 円814 Mil.
Hence, Kokyo's Days Payable for the
six
months ended in Dec. 2025 was 29.48.
The historical rank and industry rank for Kokyo's Days Payable or its related term are showing as below:
TSE:5887'
s Days Payable Range Over the Past 10 Years
Min: 23.52 Med: 35.15 Max: 52.01
Current: 34
During the past 5 years, Kokyo's highest Days Payable was 52.01. The lowest was 23.52. And the median was 35.15.
TSE:5887's Days Payable is not ranked
in the Hardware industry.
Industry Median: 69.91
vs TSE:5887: 34.00
Kokyo's Days Payable
declined
from Dec. 2024 (35.74) to Dec. 2025 (29.48).
It may suggest that Kokyoaccelerated paying its suppliers.
Kokyo Days Payable Related Terms
Kokyo Days Payable Historical Data
* Premium members only.
The historical data trend for Kokyo'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 Scientific & Technical Instruments subindustry, Kokyo'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.
Kokyo Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Kokyo's Days Payable distribution charts can be found below:
* The bar in red indicates where Kokyo'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.
Kokyo's Days Payable for the fiscal year that ended in Dec. 2025 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.
Kokyo (TSE:5887) has a Days Payable of 29.48 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kokyo and its competitors. This is 16% below median its historical median of 35.15. Over the past decade, Kokyo's Days Payable has ranged from 23.52 to 52.01.
Is Kokyo's Days Payable too high?
Kokyo's current Days Payable of 29.48 is 16% below median its 10-year median of 35.15. Over the past 10 years, this metric has ranged from a low of 23.52 to a high of 52.01. The Hardware industry median Days Payable is 69.91. Kokyo's value of 29.48 is 57.8% below this industry median. Overall, Kokyo has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Kokyo's Days Payable compare to ?
Kokyo's Days Payable of 29.48 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.91. Kokyo's value of 29.48 is 57.8% below this benchmark. Historically, Kokyo's own Days Payable has ranged from 23.52 to 52.01 over the past decade. While the company's 10-year median is 35.15 vs. the industry median of 69.91, Kokyo 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 69.91, based on 2,436 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. Kokyo's current Days Payable of 29.48 is 57.8% 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 Kokyo and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokyo's current Days Payable is 29.48, which is 16% below median its own 10-year median of 35.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokyo stock overvalued right now?
Kokyo (TSE:5887) has a current Days Payable of 29.48. The current Days Payable is 29.48, which is 16% below median its 10-year median of 35.15 and 57.8% below the Hardware industry median of 69.91. Kokyo's overall GF Score™ is 23/100 with 4 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 Kokyo (TSE:5887), the current Days Payable is 29.48 as of Dec. 2025. 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.
Kokyo Inc is specializes in the laser industry, providing a platform that connects companies, engineers, and researchers involved in light and lasers. The company is a single segment engaged in the sale of laser-related products and related businesses.
23GF Score
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