Ogura Clutch Co (TSE:6408) Days Payable: 36.27 (As of Mar. 2026) — 17% Below Median

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TSE:6408 Ogura Clutch Co Ltd TSE:6408
61 GF Score
Price 円4,015.00
GF Value 円3,120.84
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Ogura Clutch Co Days Payable?

Ogura Clutch Co TSE:6408 +0.63% 61 Days Payable is 36.27 as of Mar. 2026, which is 17% below its 10-year median of 43.51. GuruFocus rates TSE:6408 with a GF Score™ of 61/100 and a GF Value™ of 円3,120.84 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Ogura Clutch Co ranks worse than 80.72% on this metric.

Ogura Clutch Co's average Accounts Payable for the six months ended in Mar. 2026 was 円3,427 Mil. Ogura Clutch Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円17,242 Mil. Hence, Ogura Clutch Co's Days Payable for the six months ended in Mar. 2026 was 36.27.

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

TSE:6408' s Days Payable Range Over the Past 10 Years
Min: 37.86   Med: 43.51   Max: 95.53
Current: 37.86

During the past 13 years, Ogura Clutch Co's highest Days Payable was 95.53. The lowest was 37.86. And the median was 43.51.

TSE:6408's Days Payable is ranked worse than
80.72% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs TSE:6408: 37.86

Ogura Clutch Co's Days Payable declined from Mar. 2025 (37.91) to Mar. 2026 (36.27). It may suggest that Ogura Clutch Co accelerated paying its suppliers.


Ogura Clutch Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ogura Clutch 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.

Ogura Clutch Co Days Payable Chart

Ogura Clutch 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 43.44 41.57 39.10 38.14 37.92

Ogura Clutch Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 36.99 38.03 37.91 39.41 36.27

TSE:6408 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Ogura Clutch 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.


Ogura Clutch Co Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Ogura Clutch Co's Days Payable falls into.


TSE:6408
61GF Score
Ogura Clutch Co Ltd TSE:6408
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ogura Clutch 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.

Ogura Clutch 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
=( (3838 + 3300) / 2 ) / 34354*365
=3569 / 34354*365
=37.92

Ogura Clutch 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3553 + 3300) / 2 ) / 17242*365 / 2
=3426.5 / 17242*365 / 2
=36.27

* 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 36.27 mean?
Ogura Clutch Co (TSE:6408) has a Days Payable of 36.27 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 Ogura Clutch Co and its competitors. This is 17% below median its historical median of 43.51. Over the past decade, Ogura Clutch Co's Days Payable has ranged from 37.86 to 95.53. According to the industry distribution chart, Ogura Clutch Co ranks #2416 out of 2993 companies in the Industrial Products industry, placing it in the top 80.7%.
Is Ogura Clutch Co's Days Payable too high?
Ogura Clutch Co's current Days Payable of 36.27 is 17% below median its 10-year median of 43.51. Over the past 10 years, this metric has ranged from a low of 37.86 to a high of 95.53. The Industrial Products industry median Days Payable is 78.04. Ogura Clutch Co's value of 36.27 is 53.5% below this industry median. Based on the distribution chart, Ogura Clutch Co ranks #2416 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ogura Clutch Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ogura Clutch Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ogura Clutch Co ranks #2416 out of 2993 companies for Days Payable. This places Ogura Clutch Co in the lower half of its industry. The industry median Days Payable is 78.04. Ogura Clutch Co's value of 36.27 is 53.5% below this benchmark. Historically, Ogura Clutch Co's own Days Payable has ranged from 37.86 to 95.53 over the past decade. While the company's 10-year median is 43.51 vs. the industry median of 78.04, Ogura Clutch 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 78.04, based on 2,993 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. Ogura Clutch Co's current Days Payable of 36.27 is 53.5% 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 Ogura Clutch Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ogura Clutch Co's current Days Payable is 36.27, which is 17% below median its own 10-year median of 43.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ogura Clutch Co stock overvalued right now?
Based on GuruFocus' analysis, Ogura Clutch Co (TSE:6408) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,120.84, compared to a current price of 円4,015.00 — trading 28.7% above its estimated fair value. The current Days Payable is 36.27, which is 17% below median its 10-year median of 43.51 and 53.5% below the Industrial Products industry median of 78.04. Ogura Clutch Co's overall GF Score™ is 61/100 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 Ogura Clutch Co (TSE:6408), the current Days Payable is 36.27 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 Ogura Clutch Co (TSE:6408) Overvalued in 2026?

Based on GuruFocus' analysis, Ogura Clutch Co stock appears to be overvalued. The current stock price of 円4,015.00 is trading 28.7% above its estimated GF Value™ of 円3,120.84. GuruFocus considers Ogura Clutch Co to be Modestly Overvalued.

Key valuation signals for TSE:6408:

  • Days Payable: 36.27 (17% below median its 10-year median of 43.51)
  • GF Value™: 円3,120.84 vs. price of 円4,015.00 (28.7% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 53.5% below the Industrial Products median (#2416 of 2993)

No single metric tells the full story. See the TSE:6408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ogura Clutch Co Business Description

Address 2-678, Aioi-cho, Gumma Perfecture, Kiryu, JPN
Ogura Clutch Co Ltd. is engaged in manufacturing and selling of various types of clutch brakes for office machines, machine tools, construction machines and industrial machines, fiber tensioner, automotive A/C clutches, superchargers, power clutches, oil mist separators, high-pressure coolant systems, disaster prevention systems, among others.
61GF Score

Get the complete analysis for TSE:6408

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

円4,015.00
Price
円3,120.84
GF Value