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New Cosmos Electric CoTSE:6824 -4.99%84 Days Payable is 36.80 as of Mar. 2026, which is 14% below its 10-year median of 42.58. GuruFocus rates TSE:6824 with a GF Score™ of 84/100 and a GF Value™ of 円3,207.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,445 Hardware companies, New Cosmos Electric Co ranks worse than 83.93% on this metric.
* 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:6824 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, New Cosmos Electric 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.
New Cosmos Electric Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, New Cosmos Electric Co's Days Payable distribution charts can be found below:
* The bar in red indicates where New Cosmos Electric 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.
New Cosmos Electric Co's Days Payable for the fiscal year that ended in Mar. 2026 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.
New Cosmos Electric Co (TSE:6824) has a Days Payable of 36.80 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 New Cosmos Electric Co and its competitors. This is 14% below median its historical median of 42.58. Over the past decade, New Cosmos Electric Co's Days Payable has ranged from 31.57 to 58.68. According to the industry distribution chart, New Cosmos Electric Co ranks #2052 out of 2445 companies in the Hardware industry, placing it in the top 83.9%.
Is New Cosmos Electric Co's Days Payable too high?
New Cosmos Electric Co's current Days Payable of 36.80 is 14% below median its 10-year median of 42.58. Over the past 10 years, this metric has ranged from a low of 31.57 to a high of 58.68. The Hardware industry median Days Payable is 70.06. New Cosmos Electric Co's value of 36.80 is 47.5% below this industry median. Based on the distribution chart, New Cosmos Electric Co ranks #2052 out of 2445 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, New Cosmos Electric Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Cosmos Electric Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, New Cosmos Electric Co ranks #2052 out of 2445 companies for Days Payable. This places New Cosmos Electric Co in the lower half of its industry. The industry median Days Payable is 70.06. New Cosmos Electric Co's value of 36.80 is 47.5% below this benchmark. Historically, New Cosmos Electric Co's own Days Payable has ranged from 31.57 to 58.68 over the past decade. While the company's 10-year median is 42.58 vs. the industry median of 70.06, New Cosmos Electric 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 70.06, based on 2,445 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. New Cosmos Electric Co's current Days Payable of 36.80 is 47.5% 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 New Cosmos Electric Co and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Cosmos Electric Co's current Days Payable is 36.80, which is 14% below median its own 10-year median of 42.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Cosmos Electric Co stock overvalued right now?
Based on GuruFocus' analysis, New Cosmos Electric Co (TSE:6824) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,207.16, compared to a current price of 円4,950.00 — trading 54.3% above its estimated fair value. The current Days Payable is 36.80, which is 14% below median its 10-year median of 42.58 and 47.5% below the Hardware industry median of 70.06. New Cosmos Electric Co's overall GF Score™ is 84/100 with 1 warning sign 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 New Cosmos Electric Co (TSE:6824), the current Days Payable is 36.80 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 New Cosmos Electric Co (TSE:6824) Overvalued in 2026?
Based on GuruFocus' analysis, New Cosmos Electric Co stock appears to be overvalued.
The current stock price of 円4,950.00 is trading 54.3% above its estimated GF Value™ of 円3,207.16.
GuruFocus considers New Cosmos Electric Co to be Significantly Overvalued.
Key valuation signals for TSE:6824:
Days Payable: 36.80 (14% below median its 10-year median of 42.58)
GF Value™: 円3,207.16 vs. price of 円4,950.00 (54.3% above fair value)
Industry Position: 47.5% below the Hardware median (#2052 of 2445)
No single metric tells the full story. See the TSE:6824 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Cosmos Electric Co Ltd is engaged in research, development, manufacturing, and selling of gas detection systems. Its products include residential gas alarms, industrial gas detection systems, portable gas detectors, odor sensors and products applying odor sensors. Its products are used in household gas alarms utilizing original gas sensor technology, a stationary gas detection alarm device for industrial use, portable gas detector, as well as in odor sensor.
84GF Score
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