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Nikki CoTSE:6042 -1.29%62 Days Payable is 19.81 as of Mar. 2026, which is 3% below its 10-year median of 20.47. GuruFocus rates TSE:6042 with a GF Score™ of 62/100 and a GF Value™ of 円2,698.05 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Nikki Co ranks worse than 92.8% on this metric.
Nikki Co's average Accounts Payable for the
six
months ended in Mar. 2026 was 円375 Mil. Nikki Co's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円3,457 Mil.
Hence, Nikki Co's Days Payable for the
six
months ended in Mar. 2026 was 19.81.
The historical rank and industry rank for Nikki Co's Days Payable or its related term are showing as below:
TSE:6042'
s Days Payable Range Over the Past 10 Years
Min: 8.36 Med: 20.47 Max: 39.89
Current: 19.87
During the past 13 years, Nikki Co's highest Days Payable was 39.89. The lowest was 8.36. And the median was 20.47.
TSE:6042's Days Payable is ranked worse than 92.8% of 1306
companies
in the Vehicles & Parts industry
Industry Median: 67.255
vs TSE:6042: 19.87
Nikki Co's Days Payable
declined
from Mar. 2025 (21.87) to Mar. 2026 (19.81).
It may suggest that Nikki Coaccelerated paying its suppliers.
Nikki Co Days Payable Related Terms
Nikki Co Days Payable Historical Data
* Premium members only.
The historical data trend for Nikki 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, Nikki 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.
Nikki Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nikki Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nikki 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.
Nikki 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.
Nikki Co (TSE:6042) has a Days Payable of 19.81 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 Nikki Co and its competitors. This is near median its historical median of 20.47. Over the past decade, Nikki Co's Days Payable has ranged from 8.36 to 39.89. According to the industry distribution chart, Nikki Co ranks #1212 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 92.8%.
Is Nikki Co's Days Payable too high?
Nikki Co's current Days Payable of 19.81 is near median its 10-year median of 20.47. Over the past 10 years, this metric has ranged from a low of 8.36 to a high of 39.89. The Vehicles & Parts industry median Days Payable is 67.26. Nikki Co's value of 19.81 is 70.5% below this industry median. Based on the distribution chart, Nikki Co ranks #1212 out of 1306 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nikki Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikki Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nikki Co ranks #1212 out of 1306 companies for Days Payable. This places Nikki Co in the lower half of its industry. The industry median Days Payable is 67.26. Nikki Co's value of 19.81 is 70.5% below this benchmark. Historically, Nikki Co's own Days Payable has ranged from 8.36 to 39.89 over the past decade. While the company's 10-year median is 20.47 vs. the industry median of 67.26, Nikki 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 67.26, based on 1,306 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. Nikki Co's current Days Payable of 19.81 is 70.5% 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 Nikki Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikki Co's current Days Payable is 19.81, which is near median its own 10-year median of 20.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikki Co stock overvalued right now?
Based on GuruFocus' analysis, Nikki Co (TSE:6042) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,698.05, compared to a current price of 円3,815.00 — trading 41.4% above its estimated fair value. The current Days Payable is 19.81, which is near median its 10-year median of 20.47 and 70.5% below the Vehicles & Parts industry median of 67.26. Nikki Co's overall GF Score™ is 62/100 with 3 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 Nikki Co (TSE:6042), the current Days Payable is 19.81 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 Nikki Co (TSE:6042) Overvalued in 2026?
Based on GuruFocus' analysis, Nikki Co stock appears to be overvalued.
The current stock price of 円3,815.00 is trading 41.4% above its estimated GF Value™ of 円2,698.05.
GuruFocus considers Nikki Co to be Significantly Overvalued.
Key valuation signals for TSE:6042:
Days Payable: 19.81 (near median its 10-year median of 20.47)
GF Value™: 円2,698.05 vs. price of 円3,815.00 (41.4% above fair value)
Industry Position: 70.5% below the Vehicles & Parts median (#1212 of 1306)
No single metric tells the full story. See the TSE:6042 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nikki Co Ltd is engaged in the design, development and manufacture of fuel related devices for automobile and carburettor for an automobile engine. In addition, the company is also involved in the design and development of LPG/CNG fuel supply system and manufacture of related equipment.
62GF Score
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