Estic (TSE:6161) Days Payable: 15.62 (As of Mar. 2026) — 35% Below Median

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TSE:6161 Estic Corp TSE:6161
86 GF Score
Price 円1,090.00
GF Value 円1,067.95
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Estic Days Payable?

Estic TSE:6161 +1.02% 86 Days Payable is 15.62 as of Mar. 2026, which is 35% below its 10-year median of 24.08. GuruFocus rates TSE:6161 with a GF Score™ of 86/100 and a GF Value™ of 円1,067.95 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,000 Industrial Products companies, Estic ranks worse than 91.83% on this metric.

Estic's average Accounts Payable for the three months ended in Mar. 2026 was 円276 Mil. Estic's Cost of Goods Sold for the three months ended in Mar. 2026 was 円1,611 Mil. Hence, Estic's Days Payable for the three months ended in Mar. 2026 was 15.62.

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

TSE:6161' s Days Payable Range Over the Past 10 Years
Min: 18.27   Med: 24.08   Max: 32.17
Current: 24.41

During the past 13 years, Estic's highest Days Payable was 32.17. The lowest was 18.27. And the median was 24.08.

TSE:6161's Days Payable is ranked worse than
91.83% of 3000 companies
in the Industrial Products industry
Industry Median: 77.475 vs TSE:6161: 24.41

Estic's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (15.62). It may suggest that Estic delayed paying its suppliers.


Estic Days Payable Historical Data

* Premium members only.

The historical data trend for Estic'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.

Estic Days Payable Chart

Estic 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 18.27 23.98 26.83 24.17 21.42

Estic Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 32.91 27.22 28.44 15.62 29.87

TSE:6161 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Estic'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.


Estic Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Estic's Days Payable falls into.


TSE:6161
86GF Score
Estic Corp TSE:6161
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Estic 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.

Estic'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
=( (268.229 + 253.506) / 2 ) / 4445.668*365
=260.8675 / 4445.668*365
=21.42

Estic'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
=( (298.066 + 253.506) / 2 ) / 1610.839*365 / 4
=275.786 / 1610.839*365 / 4
=15.62

* 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 15.62 mean?
Estic (TSE:6161) has a Days Payable of 15.62 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 Estic and its competitors. This is 35% below median its historical median of 24.08. Over the past decade, Estic's Days Payable has ranged from 18.27 to 32.17. According to the industry distribution chart, Estic ranks #2755 out of 3000 companies in the Industrial Products industry, placing it in the top 91.8%.
Is Estic's Days Payable too high?
Estic's current Days Payable of 15.62 is 35% below median its 10-year median of 24.08. Over the past 10 years, this metric has ranged from a low of 18.27 to a high of 32.17. The Industrial Products industry median Days Payable is 77.48. Estic's value of 15.62 is 79.8% below this industry median. Based on the distribution chart, Estic ranks #2755 out of 3000 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Estic has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Estic's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Estic ranks #2755 out of 3000 companies for Days Payable. This places Estic in the lower half of its industry. The industry median Days Payable is 77.48. Estic's value of 15.62 is 79.8% below this benchmark. Historically, Estic's own Days Payable has ranged from 18.27 to 32.17 over the past decade. While the company's 10-year median is 24.08 vs. the industry median of 77.48, Estic 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 77.48, based on 3,000 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. Estic's current Days Payable of 15.62 is 79.8% 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 Estic and its competitors. For the Industrial Products industry, the median Days Payable is 77.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Estic's current Days Payable is 15.62, which is 35% below median its own 10-year median of 24.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Estic stock overvalued right now?
Based on GuruFocus' analysis, Estic (TSE:6161) is currently considered Fairly Valued. The stock's GF Value™ is 円1,067.95, compared to a current price of 円1,090.00 — trading 2.1% above its estimated fair value. The current Days Payable is 15.62, which is 35% below median its 10-year median of 24.08 and 79.8% below the Industrial Products industry median of 77.48. Estic's overall GF Score™ is 86/100 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 Estic (TSE:6161), the current Days Payable is 15.62 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 Estic (TSE:6161) Overvalued in 2026?

Based on GuruFocus' analysis, Estic stock appears to be overvalued. The current stock price of 円1,090.00 is trading 2.1% above its estimated GF Value™ of 円1,067.95. GuruFocus considers Estic to be Fairly Valued.

Key valuation signals for TSE:6161:

  • Days Payable: 15.62 (35% below median its 10-year median of 24.08)
  • GF Value™: 円1,067.95 vs. price of 円1,090.00 (2.1% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 79.8% below the Industrial Products median (#2755 of 3000)

No single metric tells the full story. See the TSE:6161 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Estic Business Description

Address 1-2-16 Togo-dori, Moriguchi-city, Osaka, JPN, 570-0041
Estic Corp is a Japan-based company operating in the machine industry. It is mainly engaged in developing, manufacturing and selling tools and facilities that contribute to quality control in various product assembly processing in the automotive industry and in other sectors. Products offered by the company include servo nutrunner, handheld nutrunner, servo press, and automated machines for the engine, vehicle assembly, transmission, and other applications. The company sells its products in Japan and overseas markets. Estic has a world-wide network with presence in Europe, Africa, Asia, Oceania, and America.
86GF Score

Get the complete analysis for TSE:6161

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

円1,090.00
Price
円1,067.95
GF Value