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Nihon KohdenTSE:6849 +0.26%68 Days Payable is 52.28 as of Mar. 2026, which is 43% below its 10-year median of 91.12. GuruFocus rates TSE:6849 with a GF Score™ of 68/100 and a GF Value™ of 円2,162.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Nihon Kohden ranks worse than 56.1% on this metric.
The historical rank and industry rank for Nihon Kohden's Days Payable or its related term are showing as below:
TSE:6849'
s Days Payable Range Over the Past 10 Years
Min: 61.98 Med: 91.12 Max: 130.52
Current: 61.98
During the past 13 years, Nihon Kohden's highest Days Payable was 130.52. The lowest was 61.98. And the median was 91.12.
TSE:6849's Days Payable is ranked worse than 56.1% of 795
companies
in the Medical Devices & Instruments industry
Industry Median: 67.87
vs TSE:6849: 61.98
Nihon Kohden's Days Payable
declined
from Mar. 2025 (53.46) to Mar. 2026 (52.28).
It may suggest that Nihon Kohdenaccelerated paying its suppliers.
Nihon Kohden Days Payable Related Terms
Nihon Kohden Days Payable Historical Data
* Premium members only.
The historical data trend for Nihon Kohden'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:6849 vs ABT, SYK, MDT: Days Payable Comparison
For the Medical Devices subindustry, Nihon Kohden'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.
Nihon Kohden Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Nihon Kohden's Days Payable distribution charts can be found below:
* The bar in red indicates where Nihon Kohden'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.
Nihon Kohden'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.
Nihon Kohden (TSE:6849) has a Days Payable of 52.28 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 Nihon Kohden and its competitors. This is 43% below median its historical median of 91.12. Over the past decade, Nihon Kohden's Days Payable has ranged from 61.98 to 130.52. According to the industry distribution chart, Nihon Kohden ranks #446 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 56.1%.
Is Nihon Kohden's Days Payable too high?
Nihon Kohden's current Days Payable of 52.28 is 43% below median its 10-year median of 91.12. Over the past 10 years, this metric has ranged from a low of 61.98 to a high of 130.52. The Medical Devices & Instruments industry median Days Payable is 67.87. Nihon Kohden's value of 52.28 is 23% below this industry median. Based on the distribution chart, Nihon Kohden ranks #446 out of 795 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Nihon Kohden has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Kohden's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Nihon Kohden ranks #446 out of 795 companies for Days Payable. This places Nihon Kohden in the lower half of its industry. The industry median Days Payable is 67.87. Nihon Kohden's value of 52.28 is 23% below this benchmark. Historically, Nihon Kohden's own Days Payable has ranged from 61.98 to 130.52 over the past decade. While the company's 10-year median is 91.12 vs. the industry median of 67.87, Nihon Kohden 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.87, based on 795 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. Nihon Kohden's current Days Payable of 52.28 is 23% 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 Nihon Kohden and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Kohden's current Days Payable is 52.28, which is 43% below median its own 10-year median of 91.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Kohden stock overvalued right now?
Based on GuruFocus' analysis, Nihon Kohden (TSE:6849) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,162.06, compared to a current price of 円1,542.50 — trading 28.7% below its estimated fair value. The current Days Payable is 52.28, which is 43% below median its 10-year median of 91.12 and 23% below the Medical Devices & Instruments industry median of 67.87. Nihon Kohden's overall GF Score™ is 68/100 with 2 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 Nihon Kohden (TSE:6849), the current Days Payable is 52.28 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 Nihon Kohden (TSE:6849) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Kohden stock appears to be undervalued.
The current stock price of 円1,542.50 is trading 28.7% below its estimated GF Value™ of 円2,162.06.
GuruFocus considers Nihon Kohden to be Modestly Undervalued.
Key valuation signals for TSE:6849:
Days Payable: 52.28 (43% below median its 10-year median of 91.12)
GF Value™: 円2,162.06 vs. price of 円1,542.50 (28.7% below fair value)
Industry Position: 23% below the Medical Devices & Instruments median (#446 of 795)
No single metric tells the full story. See the TSE:6849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Kohden Corp is a Japan-based company engaged in the development, manufacturing, and sale of medical electronic equipment. It offers monitoring and diagnostic equipment such as electroencephalographs, electrocardiographs, and patient monitors, along with related systems and consumables. The company operates as a single business segment and manages its activities comprehensively across three reportable regions: Japan, North America, and Other Regions.
68GF Score
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