Nitto Kohki Co (TSE:6151) Days Payable: 15.88 (As of Mar. 2026) — 31% Below Median


TSE:6151 Nitto Kohki Co Ltd TSE:6151
68 GF Score
Price 円1,702.00
GF Value 円2,014.97
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nitto Kohki Co Days Payable?

Nitto Kohki Co TSE:6151 -0.58% 68 Days Payable is 15.88 as of Mar. 2026, which is 31% below its 10-year median of 23.09. GuruFocus rates TSE:6151 with a GF Score™ of 68/100 and a GF Value™ of 円2,014.97 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Nitto Kohki Co ranks worse than 94.58% on this metric.

Nitto Kohki Co's average Accounts Payable for the three months ended in Mar. 2026 was 円770 Mil. Nitto Kohki Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円4,422 Mil. Hence, Nitto Kohki Co's Days Payable for the three months ended in Mar. 2026 was 15.88.

The historical rank and industry rank for Nitto Kohki Co's Days Payable or its related term are showing as below:

TSE:6151' s Days Payable Range Over the Past 10 Years
Min: 17.61   Med: 23.09   Max: 27.89
Current: 20.06

During the past 13 years, Nitto Kohki Co's highest Days Payable was 27.89. The lowest was 17.61. And the median was 23.09.

TSE:6151's Days Payable is ranked worse than
94.58% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs TSE:6151: 20.06

Nitto Kohki Co's Days Payable declined from Mar. 2025 (22.23) to Mar. 2026 (15.88). It may suggest that Nitto Kohki Co accelerated paying its suppliers.


Nitto Kohki Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nitto Kohki 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.

Nitto Kohki Co Days Payable Chart

Nitto Kohki Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.93 27.89 26.62 21.95 20.74

Nitto Kohki Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.23 24.14 22.67 18.11 15.88

TSE:6151 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Nitto Kohki 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.


Nitto Kohki Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitto Kohki Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nitto Kohki Co's Days Payable falls into.


TSE:6151
68GF Score
Nitto Kohki Co Ltd TSE:6151
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitto Kohki Co Days Payable Calculation

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.

Nitto Kohki Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1015 + 784) / 2 ) / 15833*365
=899.5 / 15833*365
=20.74

Nitto Kohki Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (755 + 784) / 2 ) / 4422*365 / 4
=769.5 / 4422*365 / 4
=15.88

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 15.88 mean?
Nitto Kohki Co (TSE:6151) has a Days Payable of 15.88 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 Nitto Kohki Co and its competitors. This is 31% below median its historical median of 23.09. Over the past decade, Nitto Kohki Co's Days Payable has ranged from 17.61 to 27.89. According to the industry distribution chart, Nitto Kohki Co ranks #2829 out of 2991 companies in the Industrial Products industry, placing it in the top 94.6%.
Is Nitto Kohki Co's Days Payable too high?
Nitto Kohki Co's current Days Payable of 15.88 is 31% below median its 10-year median of 23.09. Over the past 10 years, this metric has ranged from a low of 17.61 to a high of 27.89. The Industrial Products industry median Days Payable is 78.08. Nitto Kohki Co's value of 15.88 is 79.7% below this industry median. Based on the distribution chart, Nitto Kohki Co ranks #2829 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Nitto Kohki Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitto Kohki Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nitto Kohki Co ranks #2829 out of 2991 companies for Days Payable. This places Nitto Kohki Co in the lower half of its industry. The industry median Days Payable is 78.08. Nitto Kohki Co's value of 15.88 is 79.7% below this benchmark. Historically, Nitto Kohki Co's own Days Payable has ranged from 17.61 to 27.89 over the past decade. While the company's 10-year median is 23.09 vs. the industry median of 78.08, Nitto Kohki 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 78.08, 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. Nitto Kohki Co's current Days Payable of 15.88 is 79.7% 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 Nitto Kohki Co 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. Nitto Kohki Co's current Days Payable is 15.88, which is 31% below median its own 10-year median of 23.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Kohki Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Kohki Co (TSE:6151) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,014.97, compared to a current price of 円1,702.00 — trading 15.5% below its estimated fair value. The current Days Payable is 15.88, which is 31% below median its 10-year median of 23.09 and 79.7% below the Industrial Products industry median of 78.08. Nitto Kohki Co's overall GF Score™ is 68/100 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 Nitto Kohki Co (TSE:6151), the current Days Payable is 15.88 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 Nitto Kohki Co (TSE:6151) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Kohki Co stock appears to be undervalued. The current stock price of 円1,702.00 is trading 15.5% below its estimated GF Value™ of 円2,014.97. GuruFocus considers Nitto Kohki Co to be Modestly Undervalued.

Key valuation signals for TSE:6151:

  • Days Payable: 15.88 (31% below median its 10-year median of 23.09)
  • GF Value™: 円2,014.97 vs. price of 円1,702.00 (15.5% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 79.7% below the Industrial Products median (#2829 of 2991)

No single metric tells the full story. See the TSE:6151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitto Kohki Co Business Description

Address 9-4, Nakaikegami 2-Chome, Ohta-ku, Tokyo, JPN, 146-8555
Nitto Kohki Co Ltd is a Japan-based company that operates in four segments. The couplings segment develops, manufactures, and sells quick-connecting fluid couplings under the Cupla brand. The machine tools segment manufactures machine tools for various functions including drilling, cutting, sanding, chamfering, and so on. The linear pumps segment manufactures and sells pump products that are incorporated into equipment in the housing, medical healthcare, hair, and various other fields. The door closers segment offers various door-closer products utilized in different kinds of doors. The company generates the majority of its sales from the Japanese domestic market, and the rest from overseas markets.
68GF Score

Get the complete analysis for TSE:6151

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,702.00
Price
円2,014.97
GF Value