Nissei ASB Machine CoTSE:6284 +1.21%93 Days Payable is 25.46 as of Mar. 2026, which is 60% below its 10-year median of 64.43. GuruFocus rates TSE:6284 with a GF Score™ of 93/100 and a GF Value™ of 円6,826.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Nissei ASB Machine Co ranks worse than 87.13% on this metric.
Nissei ASB Machine Co Days Payable Historical Data
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The historical data trend for Nissei ASB Machine 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, Nissei ASB Machine 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.
Nissei ASB Machine Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nissei ASB Machine Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nissei ASB Machine 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.
Nissei ASB Machine Co's Days Payable for the fiscal year that ended in Sep. 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.
Nissei ASB Machine Co (TSE:6284) has a Days Payable of 25.46 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 Nissei ASB Machine Co and its competitors. This is 60% below median its historical median of 64.43. Over the past decade, Nissei ASB Machine Co's Days Payable has ranged from 30.31 to 90.70. According to the industry distribution chart, Nissei ASB Machine Co ranks #2606 out of 2991 companies in the Industrial Products industry, placing it in the top 87.1%.
Is Nissei ASB Machine Co's Days Payable too high?
Nissei ASB Machine Co's current Days Payable of 25.46 is 60% below median its 10-year median of 64.43. Over the past 10 years, this metric has ranged from a low of 30.31 to a high of 90.70. The Industrial Products industry median Days Payable is 78.08. Nissei ASB Machine Co's value of 25.46 is 67.4% below this industry median. Based on the distribution chart, Nissei ASB Machine Co ranks #2606 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Nissei ASB Machine Co has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nissei ASB Machine Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nissei ASB Machine Co ranks #2606 out of 2991 companies for Days Payable. This places Nissei ASB Machine Co in the lower half of its industry. The industry median Days Payable is 78.08. Nissei ASB Machine Co's value of 25.46 is 67.4% below this benchmark. Historically, Nissei ASB Machine Co's own Days Payable has ranged from 30.31 to 90.70 over the past decade. While the company's 10-year median is 64.43 vs. the industry median of 78.08, Nissei ASB Machine 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. Nissei ASB Machine Co's current Days Payable of 25.46 is 67.4% 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 Nissei ASB Machine 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. Nissei ASB Machine Co's current Days Payable is 25.46, which is 60% below median its own 10-year median of 64.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissei ASB Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Nissei ASB Machine Co (TSE:6284) is currently considered Significantly Overvalued. The stock's GF Value™ is 円6,826.79, compared to a current price of 円9,170.00 — trading 34.3% above its estimated fair value. The current Days Payable is 25.46, which is 60% below median its 10-year median of 64.43 and 67.4% below the Industrial Products industry median of 78.08. Nissei ASB Machine Co's overall GF Score™ is 93/100 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 Nissei ASB Machine Co (TSE:6284), the current Days Payable is 25.46 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 Nissei ASB Machine Co (TSE:6284) Overvalued in 2026?
Based on GuruFocus' analysis, Nissei ASB Machine Co stock appears to be overvalued.
The current stock price of 円9,170.00 is trading 34.3% above its estimated GF Value™ of 円6,826.79.
GuruFocus considers Nissei ASB Machine Co to be Significantly Overvalued.
Key valuation signals for TSE:6284:
Days Payable: 25.46 (60% below median its 10-year median of 64.43)
GF Value™: 円6,826.79 vs. price of 円9,170.00 (34.3% above fair value)
Industry Position: 67.4% below the Industrial Products median (#2606 of 2991)
No single metric tells the full story. See the TSE:6284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissei ASB Machine Co Ltd manufactures and sells stretch blow molding machines for PET and other plastic bottles. Its products include one-step stretch blow molding, perform molding, and heat-resistant blow molding machines, among others.
93GF Score
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