Nittoku CoTSE:6145 +0.75%92 Days Payable is 20.64 as of Mar. 2026, which is 37% below its 10-year median of 32.63. GuruFocus rates TSE:6145 with a GF Score™ of 92/100 and a GF Value™ of 円2,859.89 (Fairly Valued). Among 2,994 Industrial Products companies, Nittoku Co ranks worse than 90.85% on this metric.
Nittoku Co's average Accounts Payable for the
three
months ended in Mar. 2026 was 円1,940 Mil. Nittoku Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円8,575 Mil.
Hence, Nittoku Co's Days Payable for the
three
months ended in Mar. 2026 was 20.64.
The historical rank and industry rank for Nittoku Co's Days Payable or its related term are showing as below:
TSE:6145'
s Days Payable Range Over the Past 10 Years
Min: 25.24 Med: 32.63 Max: 75.15
Current: 25.24
During the past 13 years, Nittoku Co's highest Days Payable was 75.15. The lowest was 25.24. And the median was 32.63.
TSE:6145's Days Payable is ranked worse than 90.85% of 2994
companies
in the Industrial Products industry
Industry Median: 78.045
vs TSE:6145: 25.24
Nittoku Co's Days Payable
declined
from Mar. 2025 (24.99) to Mar. 2026 (20.64).
It may suggest that Nittoku Coaccelerated paying its suppliers.
Nittoku Co Days Payable Related Terms
Nittoku Co Days Payable Historical Data
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The historical data trend for Nittoku 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 Specialty Industrial Machinery subindustry, Nittoku 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.
Nittoku Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nittoku Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nittoku 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.
Nittoku 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.
Nittoku Co (TSE:6145) has a Days Payable of 20.64 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 Nittoku Co and its competitors. This is 37% below median its historical median of 32.63. Over the past decade, Nittoku Co's Days Payable has ranged from 25.24 to 75.15. According to the industry distribution chart, Nittoku Co ranks #2720 out of 2994 companies in the Industrial Products industry, placing it in the top 90.8%.
Is Nittoku Co's Days Payable too high?
Nittoku Co's current Days Payable of 20.64 is 37% below median its 10-year median of 32.63. Over the past 10 years, this metric has ranged from a low of 25.24 to a high of 75.15. The Industrial Products industry median Days Payable is 78.05. Nittoku Co's value of 20.64 is 73.6% below this industry median. Based on the distribution chart, Nittoku Co ranks #2720 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Nittoku Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoku Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nittoku Co ranks #2720 out of 2994 companies for Days Payable. This places Nittoku Co in the lower half of its industry. The industry median Days Payable is 78.05. Nittoku Co's value of 20.64 is 73.6% below this benchmark. Historically, Nittoku Co's own Days Payable has ranged from 25.24 to 75.15 over the past decade. While the company's 10-year median is 32.63 vs. the industry median of 78.05, Nittoku 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. Nittoku Co's current Days Payable of 20.64 is 73.6% 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 Nittoku Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoku Co's current Days Payable is 20.64, which is 37% below median its own 10-year median of 32.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoku Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoku Co (TSE:6145) is currently considered Fairly Valued. The stock's GF Value™ is 円2,859.89, compared to a current price of 円2,835.00 — trading 0.9% below its estimated fair value. The current Days Payable is 20.64, which is 37% below median its 10-year median of 32.63 and 73.6% below the Industrial Products industry median of 78.05. Nittoku Co's overall GF Score™ is 92/100. 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 Nittoku Co (TSE:6145), the current Days Payable is 20.64 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 Nittoku Co (TSE:6145) Overvalued in 2026?
Based on GuruFocus' analysis, Nittoku Co stock appears to be undervalued.
The current stock price of 円2,835.00 is trading 0.9% below its estimated GF Value™ of 円2,859.89.
GuruFocus considers Nittoku Co to be Fairly Valued.
Key valuation signals for TSE:6145:
Days Payable: 20.64 (37% below median its 10-year median of 32.63)
GF Value™: 円2,859.89 vs. price of 円2,835.00 (0.9% below fair value)
Industry Position: 73.6% below the Industrial Products median (#2720 of 2994)
No single metric tells the full story. See the TSE:6145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nittoku Co Ltd is a Japan-based company engaged in the manufacturing and sale of coil winding machines and peripheral systems. It also engaged in the factory automation systems and contactless smart cards and parts thereof. The product portfolio of the company includes Relay, Injector coil, Pick up coil, Bobbinless coil, and IC Card among others. The company operates in two reportable segments are the NICS business and the contactless IC tag and card business.
92GF Score
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