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The historical data trend for Modec'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.
TSE:6269 vs SLB, BKR, HAL: Days Payable Comparison
For the Oil & Gas Equipment & Services subindustry, Modec'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.
Modec Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Modec's Days Payable distribution charts can be found below:
* The bar in red indicates where Modec'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.
Modec'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.
Modec (TSE:6269) has a Days Payable of 0.00 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Modec and its competitors. Over the past decade, Modec's Days Payable has ranged from 102.71 to 224.92. According to the industry distribution chart, Modec ranks #255 out of 859 companies in the Oil & Gas industry, placing it in the top 29.7%.
Is Modec's Days Payable too high?
Modec's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 102.71 to a high of 224.92. Based on the distribution chart, Modec ranks #255 out of 859 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Modec has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modec's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Modec ranks #255 out of 859 companies for Days Payable. This puts Modec in the upper half of its industry. The industry median Days Payable is 59.99. Historically, Modec's own Days Payable has ranged from 102.71 to 224.92 over the past decade. 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 59.99, based on 859 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. 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 Modec and its competitors. For the Oil & Gas industry, the median Days Payable is 59.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modec's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modec stock overvalued right now?
Based on GuruFocus' analysis, Modec (TSE:6269) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,639.99, compared to a current price of 円9,843.00 — trading 170.4% above its estimated fair value. The current Days Payable is 0.00. Modec's overall GF Score™ is 63/100 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 Modec (TSE:6269), the current Days Payable is 0.00 as of Jun. 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 Modec (TSE:6269) Overvalued in 2026?
Based on GuruFocus' analysis, Modec stock appears to be overvalued.
The current stock price of 円9,843.00 is trading 170.4% above its estimated GF Value™ of 円3,639.99.
GuruFocus considers Modec to be Significantly Overvalued.
Key valuation signals for TSE:6269:
Days Payable: 0.00
GF Value™: 円3,639.99 vs. price of 円9,843.00 (170.4% above fair value)
No single metric tells the full story. See the TSE:6269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modec Inc operates as a general contractor with specialization in engineering, procurement, construction, and installation of floating production systems. It offers floating production storage and offloading vessels, floating storage and offloading vessels, tension leg platforms, semisubmersibles, and mobile offshore production units. The company also offers operation of its production systems and maintenance services across the globe. Although Modec services offshore markets worldwide, the majority of revenue is derived from Brazilian markets. Modec's vessels are designed to retrieve fluids and gases from reservoirs ranging from subsea to deepwater.
63GF Score
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