Di Nikko Engineering Co (TSE:6635) Days Payable: 50.25 (As of Dec. 2025) — 16% Below Median

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TSE:6635 Di Nikko Engineering Co Ltd TSE:6635
61 GF Score
Price 円666.00
GF Value 円491.32
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Di Nikko Engineering Co Days Payable?

Di Nikko Engineering Co TSE:6635 +2.62% 61 Days Payable is 50.25 as of Dec. 2025, which is 16% below its 10-year median of 59.91. GuruFocus rates TSE:6635 with a GF Score™ of 61/100 and a GF Value™ of 円491.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,442 Hardware companies, Di Nikko Engineering Co ranks worse than 62.98% on this metric.

Di Nikko Engineering Co's average Accounts Payable for the six months ended in Dec. 2025 was 円4,777 Mil. Di Nikko Engineering Co's Cost of Goods Sold for the six months ended in Dec. 2025 was 円17,349 Mil. Hence, Di Nikko Engineering Co's Days Payable for the six months ended in Dec. 2025 was 50.25.

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

TSE:6635' s Days Payable Range Over the Past 10 Years
Min: 45.29   Med: 59.91   Max: 63.71
Current: 55.57

During the past 13 years, Di Nikko Engineering Co's highest Days Payable was 63.71. The lowest was 45.29. And the median was 59.91.

TSE:6635's Days Payable is ranked worse than
62.98% of 2442 companies
in the Hardware industry
Industry Median: 69.89 vs TSE:6635: 55.57

Di Nikko Engineering Co's Days Payable declined from Dec. 2024 (55.07) to Dec. 2025 (50.25). It may suggest that Di Nikko Engineering Co accelerated paying its suppliers.


Di Nikko Engineering Co Days Payable Historical Data

* Premium members only.

The historical data trend for Di Nikko Engineering 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.

Di Nikko Engineering Co Days Payable Chart

Di Nikko Engineering Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.29 56.80 63.57 59.82 60.00

Di Nikko Engineering Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 56.82 58.26 55.07 56.77 50.25

TSE:6635 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Di Nikko Engineering 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.


Di Nikko Engineering Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Di Nikko Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Di Nikko Engineering Co's Days Payable falls into.


TSE:6635
61GF Score
Di Nikko Engineering Co Ltd TSE:6635
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Di Nikko Engineering 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.

Di Nikko Engineering Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (5552.837 + 5321.84) / 2 ) / 33079.376*365
=5437.3385 / 33079.376*365
=60.00

Di Nikko Engineering Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (4232.901 + 5321.84) / 2 ) / 17349.327*365 / 2
=4777.3705 / 17349.327*365 / 2
=50.25

* 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 50.25 mean?
Di Nikko Engineering Co (TSE:6635) has a Days Payable of 50.25 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Di Nikko Engineering Co and its competitors. This is 16% below median its historical median of 59.91. Over the past decade, Di Nikko Engineering Co's Days Payable has ranged from 45.29 to 63.71. According to the industry distribution chart, Di Nikko Engineering Co ranks #1538 out of 2442 companies in the Hardware industry, placing it in the top 63%.
Is Di Nikko Engineering Co's Days Payable too high?
Di Nikko Engineering Co's current Days Payable of 50.25 is 16% below median its 10-year median of 59.91. Over the past 10 years, this metric has ranged from a low of 45.29 to a high of 63.71. The Hardware industry median Days Payable is 69.89. Di Nikko Engineering Co's value of 50.25 is 28.1% below this industry median. Based on the distribution chart, Di Nikko Engineering Co ranks #1538 out of 2442 companies in the Hardware industry, which is below the industry midpoint. Overall, Di Nikko Engineering Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Di Nikko Engineering Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Di Nikko Engineering Co ranks #1538 out of 2442 companies for Days Payable. This places Di Nikko Engineering Co in the lower half of its industry. The industry median Days Payable is 69.89. Di Nikko Engineering Co's value of 50.25 is 28.1% below this benchmark. Historically, Di Nikko Engineering Co's own Days Payable has ranged from 45.29 to 63.71 over the past decade. While the company's 10-year median is 59.91 vs. the industry median of 69.89, Di Nikko Engineering 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 a Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 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. Di Nikko Engineering Co's current Days Payable of 50.25 is 28.1% 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 Di Nikko Engineering Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Di Nikko Engineering Co's current Days Payable is 50.25, which is 16% below median its own 10-year median of 59.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Di Nikko Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Di Nikko Engineering Co (TSE:6635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円491.32, compared to a current price of 円666.00 — trading 35.6% above its estimated fair value. The current Days Payable is 50.25, which is 16% below median its 10-year median of 59.91 and 28.1% below the Hardware industry median of 69.89. Di Nikko Engineering Co's overall GF Score™ is 61/100 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 Di Nikko Engineering Co (TSE:6635), the current Days Payable is 50.25 as of Dec. 2025. 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 Di Nikko Engineering Co (TSE:6635) Overvalued in 2026?

Based on GuruFocus' analysis, Di Nikko Engineering Co stock appears to be overvalued. The current stock price of 円666.00 is trading 35.6% above its estimated GF Value™ of 円491.32. GuruFocus considers Di Nikko Engineering Co to be Significantly Overvalued.

Key valuation signals for TSE:6635:

  • Days Payable: 50.25 (16% below median its 10-year median of 59.91)
  • GF Value™: 円491.32 vs. price of 円666.00 (35.6% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 28.1% below the Hardware median (#1538 of 2442)

No single metric tells the full story. See the TSE:6635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Di Nikko Engineering Co Business Description

Address 697-1, Nemuro, Tochigi, Nikko, JPN, 321-2342
Di Nikko Engineering Co Ltd engages in the design, test, manufacture, distribution, and return/repair of electronic components and assemblies for original equipment manufacturers in Japan. Its services include the design to production of the circuit implementation of an electronic board used for an electronics product, an OA apparatus, optical goods, and communications equipment. Geographically company manages in two segments Japan and Asia.
61GF Score

Get the complete analysis for TSE:6635

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

円666.00
Price
円491.32
GF Value